Sofema Online (SOL) www.sofemaonline.com takes a deep dive into the Aviation Risk Management Process

Introduction

Risk Analysis is a fundamental component of an effective safety management system, enabling organizations to proactively identify, assess, and mitigate risks. This fulfils regulatory requirements and supports the long-term success and resilience of aviation organizations in a competitive and rapidly changing industry.

Demonstrating a commitment to safety through effective risk assessment and management increases confidence among stakeholders, including passengers, crew, regulators, and investors. Moreover, a strong safety record can be a significant competitive advantage in the aviation industry.