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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News Source: USA Today on 2024-11-20
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News Source: CBS News on 2024-11-19
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