Developing a methodology in aviation risk management based on susceptibility
| dc.contributor.author | Ng, Ying Chow | |
| dc.date.accessioned | 2014-11-14T02:33:49Z | |
| dc.date.available | 2014-11-14T02:33:49Z | |
| dc.date.issued | 2007 | |
| dc.description | Master | en_US |
| dc.description.abstract | Survivability management is a concept evolves from aircraft combat survivability concept. It can be divided into two main categories, namely susceptibility and vulnerability management. Susceptibility is meant to help airline to reduce the chances for the airline being hit by the crisis. It should be implemented during normal business day and more on the strategic side. Vulnerability management is aims to increase the chance for the airline to survive after being hit by crisis. It is focus on the operational side of the airline which the result should be seen immediately. This is because during air crisis, airline is usually under heavy financial pressure; hence immediate result is required to ensure the airline’s survival. A risk model of airline’s risk is also included in this thesis. The risk model is to imitate the actual planning of route management. It was developed under some assumptions base on the real life airline business. It is aims to help the airline manager to make a better decision by using a mathematical model to analyze the risk that they are facing. This model also measure the competitiveness of the airline compare to the other airlines on the market. Methodology developed was used to analyze the business turnaround plan that Malaysia Airline announced in February 2007, The MAS Way. The strength and weakness of this plan in terms of survivability managements were analyzed and explained. | en_US |
| dc.identifier.uri | http://hdl.handle.net/123456789/454 | |
| dc.language.iso | en | en_US |
| dc.subject | Science | en_US |
| dc.subject | aviation risk management | en_US |
| dc.subject | Susceptibility | en_US |
| dc.title | Developing a methodology in aviation risk management based on susceptibility | en_US |
| dc.type | Thesis | en_US |
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