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Yes, in fact ICAR (International Commission of Alpine Rescue) has called an avalanche airbag "the device of choice". The following information is provided from Time is Life DVD, edited and approved by the International Commission of Alpine Rescue. ICAR – MEDCOM, CISA-IKAR Avalanche Commission. SWISS Stats. 2005

Examined 2000 Avalanche incidents and found the following:

Overall 22% mortality rate.
 Only 4.4% of people who were not buried, or only partially buried died!
 51.3% chance of death for people who were completely buried.
 Likely that partial burials go unreported lowering the 4.4%.

Now for the Airbag statistics:
1991-2004:  77 reports of airbag inflation.
           76 Survived, 1 Died
           10 completely buried but airbags were visible on the surface.
 
The same avalanches caught  25 people who were not wearing airbags. Of these 12 were completely buried, 9 were found dead.

Airbags lowered the probability of a complete burial from 47.1% to 13% and the mortality rate 35.3% to 1.3%!

ICAR conclusion : Statistical evidence for airbags is good to very good. “It is the device of choice”.

Point of Interest: Same study revealed transceivers reduced the median burial time 170-20 minutes, but the mortality rate only 79% to 50%!

Avalanche airbags are the only way to help reduce the chance of being buried and greatly increase an avalanche victims chance of survival.
 

Avalanche Safety Solutions offers a range of Avalanche Safety Gear including avalanche airbags, avalanche transceivers, avalanche probes avalanche shovels, and snow studies equipment. We currently sell brands such as Snowpulse, Mammut, BCA, Pieps, ABS avalanche airbags,and Brooks Range. In fact we are the world’s largest dealer of the Snowpulse avalanche airbag. In the near future we also expect to sell Black Diamond, Ortovox, and the Avivest when it becomes available. Based in Golden, BC, Canada, we sell top of the line avalanche safety equipment; gear such as the Mammut Barryvox Pulse avalanche transceiver,the Mammut Barryvox Element Beacon, the Pieps DSP transceiver, the Snowpulse Lifebag avalanche airbag, the Snowpulse R.A.S. line up, and the inexpensive BCA Tracker or the BCA Tracker2. We are experts in the field and can offer you advice on which product best suits your needs. We also offer avalanche skills training courses (AST Courses) for snowmobilers and skiers. These avalanche courses are based in Golden, BC and focus on avalanche terrain identification, avalanche rescue, interpreting the Canadian Avalanche Association’s avalanche bulletin, and safe backcountry travel techniques. We want all of our customers to come home after a great day in the mountains and we believe the products that we sell help people do just that. Have a safe winter.