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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 and Corporate Sustainability in Aviation

Risk Management and Corporate Sustainability in Aviation PDF Author: Triant G. Flouris
Publisher: Routledge
ISBN: 1317062833
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.

Air Cargo Management

Air Cargo Management PDF Author: Michael Sales
Publisher: Taylor & Francis
ISBN: 1000852415
Category : Business & Economics
Languages : en
Pages : 257

Book Description
This is the third edition of a popular introductory guide to the function and future of the air cargo supply chain, an industry which responded with remarkable efficiency when faced with the challenges and impact of the COVID-19 pandemic. The book reviews the role and strategy of air cargo and its contribution to world trade and international economies. This industry, which accounts for more than 35% of the world’s trade in value, will be even more vital in the coming years. Building on the success of previous editions, Air Cargo Management now puts the emphasis on basic functionality, economics and historical precedents, but most of all it focuses on how traditional legacy methods are being replaced by the adoption of technologies and cloud-based applications – new methods which are changing and streamlining the entire industry. The book reviews the supply chain process and the technology applications as well as the effects of the pandemic and the fundamental lack of cargo capacity hitherto supplied by passenger aircraft. It also explores the increased use of freighter aircraft and the need for faster and more efficient processing, particularly on the ground and in road transport. The third edition features new content on: Security and crime, including pharmaceutical counterfeiting and fraud The role of airports and road feeder services Typical air cargo products, including the heavy-lift sector Regulations and treaties Aircraft in use, historically and currently New technologies The book is illustrated with statistical evidence, examples and photographs and is enriched with comments from industry leaders and experienced professionals. The style and breadth of content are designed to be easily readable and should be of practical interest to anyone either currently working in the logistics, supply chain or transport industries, or contemplating a career in this sector.

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.

Aviation Security

Aviation Security PDF Author: Cathleen A. Berrick
Publisher: DIANE Publishing
ISBN: 9781422304426
Category : Transportation
Languages : en
Pages : 98

Book Description
In 2004, an estimated 23 billion pounds of air cargo (AC) was transported within the U.S., about a quarter of which was transported on passenger aircraft. Within the Dept. of Homeland Security, the Transportation Security Admin. (TSA) is responsible for ensuring the security of commercial aviation, incl. AC. To evaluate the status of TSA's efforts to secure domestic AC, this report examined: (1) the extent to which TSA used a risk management approach to guide decisions on securing AC; (2) the actions TSA has taken to ensure the security of AC & the factors that may limit their effectiveness; & (3) TSA's plans for enhancing AC security & the challenges that TSA & industry stakeholders face in implementing these plans. Illustrations.

Risk Management in Air Cargo

Risk Management in Air Cargo PDF Author: Zhen Li
Publisher:
ISBN:
Category : Aeronautics, Commercial
Languages : en
Pages : 94

Book Description


Aviation Safety

Aviation Safety PDF Author: Gerald L. Dillingham
Publisher: DIANE Publishing
ISBN: 1437918530
Category : Transportation
Languages : en
Pages : 60

Book Description
The air cargo industry contributed over $37 billion to the U.S. economy in 2008 and provides government, businesses, and individuals with quick delivery of goods. Although part of an aviation system with an extraordinary safety record, there have been over 400 air cargo accidents and over 900 incidents since 1997, raising concerns about cargo safety. This study addresses: (1) recent trends in air cargo safety; (2) factors that have contributed to air cargo accidents; (3) federal government and industry efforts to improve air cargo safety and experts' views on the effectiveness of these efforts; and (4) experts' views on further improving air cargo safety. Includes recommendations. Charts and tables.

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.

Risk Management Handbook

Risk Management Handbook PDF Author: U. S. Department of Transportation
Publisher: Createspace Independent Pub
ISBN: 9781490465005
Category : Transportation
Languages : en
Pages : 110

Book Description
This handbook, “Risk Management Handbook (FAA-H-8083-2),” is a tool designed to help recognize and manage risk. It provides a higher level of training to the pilot in command (PIC) who wishes to aspire to a greater understanding of the aviation environment and become a better pilot. This handbook is for pilots of all aircraft from Weight-Shift Control (WSC) to a Piper Cub, a Twin Beechcraft, or a Boeing 747. A pilot's continued interest in building skills is paramount for safe flight and can assist in rising above the challenges which face pilots of all backgrounds. Some basic tools are provided in this handbook for developing a competent evaluation of one's surroundings that allows for assessing risk and thereby managing it in a positive manner. Risk management is examined by reviewing the components that affect risk thereby allowing the pilot to be better prepared to mitigate risk. The pilot's work requirements vary depending on the mode of flight. As for a driver transitioning from an interstate onto the city streets of New York, the tasks increase significantly during the landing phase, creating greater risk to the pilot and warranting actions that require greater precision and attention. This handbook attempts to bring forward methods a pilot can use in managing the workloads, making the environment safer for the pilot and the passengers.

Risk Management and Error Reduction in Aviation Maintenance

Risk Management and Error Reduction in Aviation Maintenance PDF Author: Manoj S. Patankar
Publisher: Routledge
ISBN: 1351903047
Category : Transportation
Languages : en
Pages : 197

Book Description
Although several U.S. and European airlines have started providing human factors training to their maintenance personnel, the academic community (some 300 academic programs in the United States and several others in Europe and Asia) has not yet started offering formal human factors education to maintenance students. The highly respected authors strongly believe in incorporating the human factors principles in aviation maintenance. This is the first of two volumes providing effective behavioural guidance on risk management in aviation maintenance for both the novice and the experienced maintenance personnel. Its practical guidelines assist both student and practising aviation maintenance personnel to develop sustainable safety culture. For the maintenance community it provides some theoretical discussion about the "Why?" for risk management and then focus on the 'How?' to implement a successful error reduction program. To help the maintenance community in making a strong case to their financial managers, the authors also discuss the return on investment for risk management programs. The issue of risk management is taken at two levels. First, it provides a basic awareness information to those who have little or no knowledge of maintenance human factors. Second, it provides a set of practical tools for the more experienced people so that they can be more effective in risk management and error recovery in their jobs. This invaluable book serves as a practical guide as well as an academic textbook. The book covers fundamental human factors principles from a risk management perspective. Upon reading this informative book, the audience will be able to apply the basic principles of risk management to aviation maintenance environment, and they will be able to use low-risk behaviours in their daily work.