Risk Management
Risk management in aviation refers to the process of identifying, assessing, and prioritizing potential risks and implementing strategies to mitigate or eliminate them. This includes analyzing safety hazards, security threats, operational risks, and financial risks. The goal of risk management is to ensure the safety of passengers, crew, and aircraft, as well as protect the reputation and financial stability of the airline. Effective risk management involves a continuous cycle of monitoring, evaluating, and improving safety and security measures.
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- Actual Carrier: Actual Carrier refers to the airline that operates the flight, as opposed to the marketing carrier, which is the airline whose name appears on the ticket. In codeshare agreements, airlines often sell tickets for flights that are operated by ... Read More >>
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- Magnetic Heading: Magnetic Heading is the direction in which the aircraft's nose is pointed as measured by a magnetic compass. It is the angle between magnetic north and the aircraft's longitudinal axis. Magnetic Heading is affected by the magnetic field of ... Read More >>
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