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Risk Management in the Air Cargo Industry

Risk Management in the Air Cargo Industry PDF Author: Paul Hertwig
Publisher: Diplomica Verlag
ISBN: 3836685779
Category : Business & Economics
Languages : en
Pages : 97

Book Description
This paper discusses risk management approaches in the air cargo industry. It gives a concise overview of developments, business practices and complexities of the air cargo industry and draws cross-references to comparable industries. It introduces supply contracts for capacity and the inherent risks in the shipping process. Based on that, approaches to mitigate risk are studied. The work elaborates on the historically grown research field of revenue management and puts emphasis on the discipline of overbooking in the air cargo sector. Capacity options and financial intermediation are presented as more innovative approaches for capacity risk management. The application of these various risk management methods is evaluated in an expert study among air cargo industry professionals from different market perspectives. With that, obstacles to the successful implementation are identified and potential solutions are named.

Risk Management in the Air Cargo Industry

Risk Management in the Air Cargo Industry PDF Author: Paul Hertwig
Publisher: Diplomica Verlag
ISBN: 3836685779
Category : Business & Economics
Languages : en
Pages : 97

Book Description
This paper discusses risk management approaches in the air cargo industry. It gives a concise overview of developments, business practices and complexities of the air cargo industry and draws cross-references to comparable industries. It introduces supply contracts for capacity and the inherent risks in the shipping process. Based on that, approaches to mitigate risk are studied. The work elaborates on the historically grown research field of revenue management and puts emphasis on the discipline of overbooking in the air cargo sector. Capacity options and financial intermediation are presented as more innovative approaches for capacity risk management. The application of these various risk management methods is evaluated in an expert study among air cargo industry professionals from different market perspectives. With that, obstacles to the successful implementation are identified and potential solutions are named.

Risk Management Handbook

Risk Management Handbook PDF Author: Federal Aviation Administration
Publisher: Simon and Schuster
ISBN: 1620874598
Category : Transportation
Languages : en
Pages : 267

Book Description
Every day in the United States, over two million men, women, and children step onto an aircraft and place their lives in the hands of strangers. As anyone who has ever flown knows, modern flight offers unparalleled advantages in travel and freedom, but it also comes with grave responsibility and risk. For the first time in its history, the Federal Aviation Administration has put together a set of easy-to-understand guidelines and principles that will help pilots of any skill level minimize risk and maximize safety while in the air. The Risk Management Handbook offers full-color diagrams and illustrations to help students and pilots visualize the science of flight, while providing straightforward information on decision-making and the risk-management process.

FAA Needs to Improve Risk Assessment Processes for Its Air Transportation Oversight System

FAA Needs to Improve Risk Assessment Processes for Its Air Transportation Oversight System PDF Author:
Publisher: DIANE Publishing
ISBN: 1437944558
Category :
Languages : en
Pages : 36

Book Description


Risk Management and Corporate Sustainability in Aviation

Risk Management and Corporate Sustainability in Aviation PDF Author: Dr Ayse Kucuk Yilmaz
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409486788
Category : Business & Economics
Languages : en
Pages : 253

Book Description
Sustainability factors should be considered by managers like any other business risk issue; these factors are expected to have a substantial impact on corporate management. Air transport corporations need a strong sustainability management framework to effectively manage economic, environmental and social risks to achieve their corporate sustainability objectives, and to meet their stakeholders' demands. This book offers a new Enterprise Sustainability Risk Management (ESRM) model to fulfill these requirements. In the model presented, the triple bottom line (TBL) agenda is incorporated into the companies' sustainability management. ESRM deals with the environmental, social, and ecological risks as well as the strategic, economic, operational, and threat risks of companies. The best corporate sustainability strategies and management approaches require the consideration of all corporate risks in both a holistic and systematic way. Flouris and Kucuk Yilmaz present an effective way to manage sustainability risks via a new, well-designed, integrated, dynamic and flexible framework. It introduces an opportunity for turning risks into potential corporate advantages. Risk Management and Corporate Sustainability in Aviation is addressed to professionals, students and researchers within air transportation business management and risk management.

Safety and Risk Assessment of Civil Aircraft during Operation

Safety and Risk Assessment of Civil Aircraft during Operation PDF Author: Longbiao Li
Publisher: BoD – Books on Demand
ISBN: 1789847923
Category : Technology & Engineering
Languages : en
Pages : 212

Book Description
This book introduces safety and risk analysis methods for aircraft and aero-engines, design approaches for increasing safety and decreasing risk during operation, air traffic controllers’ attitudes to mistakes hazards, theories and models of human error occurrence during aircraft maintenance processes, and damage and failure analysis for composite structures.

Homeland Security: Applying Risk Management Principles to Guide Federal Investments

Homeland Security: Applying Risk Management Principles to Guide Federal Investments PDF Author:
Publisher: DIANE Publishing
ISBN: 9781422313572
Category :
Languages : en
Pages : 42

Book Description


Application of Enterprise Risk Management at Airports

Application of Enterprise Risk Management at Airports PDF Author:
Publisher: Transportation Research Board
ISBN: 0309258510
Category : Airports
Languages : en
Pages : 73

Book Description
TRB's Airport Cooperative Research Program (ACRP) Report 74: Application of Enterprise Risk Management at Airports summarizes the principles and benefits of enterprise risk management (ERM) and its application to airports. The report discusses implementation of the iterative ERM process, including roles and responsibilities from airport governing boards to all staff members. The project that developed ACRP Report 74 also developed an electronic tool that can be used to support the ERM process by creating a risk score and a risk map that can be used to identify mitigation strategies. The tool is included in CD-ROM format with the print version of the report.

Risk Management Methods in the Aviation Enterprise

Risk Management Methods in the Aviation Enterprise PDF Author: Valery Dmitryevich Sharov
Publisher: Springer Nature
ISBN: 9813360178
Category : Technology & Engineering
Languages : en
Pages : 214

Book Description
This book provides a comprehensive content for professionals engaged in the development of flight safety regulatory framework, as well as in the design and operation of ground-based or on-board flight support radio electronic systems. It presents mathematical tools and methods of probabilistic theory, mathematical statistics and graph theory, along with some provisions of decision-making theory and multi-criteria analysis. This book helps as a good guide for those involved in aviation risk assessment and air traffic management.

A Practical Introduction to Security and Risk Management

A Practical Introduction to Security and Risk Management PDF Author: Bruce Newsome
Publisher: SAGE Publications
ISBN: 1483313409
Category : Political Science
Languages : en
Pages : 409

Book Description
A Practical Introduction to Security and Risk Management is the first book to introduce the full spectrum of security and risks and their management. Author and field expert Bruce Newsome helps readers learn how to understand, analyze, assess, control, and generally manage security and risks from the personal to the operational. They will develop the practical knowledge and skills they need, including analytical skills, basic mathematical methods for calculating risk in different ways, and more artistic skills in making judgments and decisions about which risks to control and how to control them. Organized into 16 brief chapters, the book shows readers how to: analyze security and risk; identify the sources of risk (including hazards, threats, and contributors); analyze exposure and vulnerability; assess uncertainty and probability; develop an organization’s culture, structure, and processes congruent with better security and risk management; choose different strategies for managing risks; communicate and review; and manage security in the key domains of operations, logistics, physical sites, information, communications, cyberspace, transport, and personal levels.

Aviation Risk and Safety Management

Aviation Risk and Safety Management PDF Author: Roland Müller
Publisher: Springer Science & Business Media
ISBN: 3319027808
Category : Business & Economics
Languages : en
Pages : 216

Book Description
The International Civil Aviation Organization’s (ICAO) decision to require aviation organizations to adopt Safety Management Systems poses a major problem especially for small and medium sized aviation companies. The complexity of regulations overstrains the aviation stakeholders who seek to fully advantage from them but have no clear guidance. The aim of the book is to show the implementation of such a new system with pragmatic effort in order to gain a gradation for smaller operators. This approach should illustrate the leeway in order to adapt the processes and to show the interfaces between Corporate Risk Management and Safety Management. The book shows how to build a system with reasonable effort, appropriate to the size and complexity of the specific operator. It also gives inputs on the key aspects and how to effectively operate such a system with the various interfaces. Furthermore, the book highlights the importance of Corporate Risk Management independent of Safety Management Systems based on ICAO.