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Risk - A Multi-Layered Approach, Peter S. Neff
Risk - A Multi-Layered Approach, Peter S. Neff
International Journal of Aviation, Aeronautics, and Aerospace
This article discusses the relationship between the mandates to achieve increased operational safety and the application of risk management strategies. That commercial airlines must operate at the highest level of safety is mandated by statute. FAA regulation, 14 CFR part 5, outlines the FAA response to the requirements of ICAO Annex 19, Safety Management, by establishing requirements for certificate holders to develop a Safety Management System with 4 components: (a) Safety Policy; (b) Safety Risk Management; (c) Safety Assurance; and (d) Safety Promotion. Safety is a tangible and intangible element foundational to the successful commercial airline sector. A structured multi-layered …