Nope, not exactly true. The measure accident rates PER FLIGHT   

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Author: in some indexes:   Date: 5/2/2025 6:47:54 PM  +3/-1   Show Orig. Msg (this window) Or  In New Window

https://www.forbes.com/sites/tedreed/2025/02/26/report-airlines-flew-406-million-flights-in-2024-with-seven-fatal-accidents/


Since an airline is generally one cycle (push, start, taxi, takeoff, cruise, landing, taxi, shutdown), it can better to measure the accident rate by flight, not by flight hour.   Whereas, in General Aviation, it is hard to make such a measure, so per hour is easier to compile.
 
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Accident data +5/-4 Anonymous 5/1/2025 12:21:33 PM