The reason is: planes are a life-threatening situation. You cannot live in a plane. They are a temporary place in which you must park your body during periods of extremely high risk.
If two planes crash, because: IT HAPPENS, then not having to decrypt the flight manifest to determine who was on the plane, is a mighty fine use of public force, i.e. law-making.
I care not a fig for someones' privacy, if it means life-saving activities have one less layer of human cruft attached to the process.
If you're coming to find my body on the side of the mountain because I was unfortunate enough to hitch a ride with my rich millionaire and his drunk pilot, please know exactly who I am, and how to contact my immediate family, in case of my demise.
Realistically speaking, the only traveling you can do with perfect privacy is that which you do without involving others. If you use a travel service your desire for privacy becomes an imposition on the free speech of others.
- The broadcast of your location data is analogous to a turn signal.
- The FR24 community is analogous to a group capturing data about use of turn signals at various intersections and aggregating them.
Both are perfectly reasonable analogies.
And yes, it's completely possible for people using only publicly-visible information to put together your entire turn signal history and make it searchable.
E.g. American Airlines AA1 recent flight history: http://www.flightradar24.com/data/flights/aa1/
Why? I obviously get why you have to tell all the relevant authorities and so on and so forth, but why do you have to tell your nosy neighbor where you went on holiday last weekend.
Or did you mean that the rule should only apply to "hunks of metal" 375 tonnes and over (which is pretty damn huge, given that an A330 has a maximum takeoff weight of around 230 tonnes)?