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IATA Tasks Airlines on Operational Data to Improve Safety

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  • IATA Tasks Airlines on Operational Data to Improve Safety

The International Air Transport Association (IATA) has urged aviation stakeholders to follow global standards and make greater use of operational data in order to safely accommodate an additional 3.8 billion air travelers by 2036.

Speaking at the Safety and Flight Operations Conference, IATA’s Director General and CEO Alexandre de Juniac said: “Over the next 20 years, we expect to see a near doubling of passengers from the approximately 4 billion who traveled in 2017. Managing this growth, while making aviation even safer than it already is, will be a massive undertaking.”

De Juniac noted that 2017 was a very strong year for safety. There were no fatal accidents involving jet passenger aircraft and the fatal accident rate was 0.14 per million flights–the equivalent of one fatal accident for every 6.7 million flights–according, to IATA’s just released 2017 report

“If we look at it another way–using fatality risk–on average, a person would have to travel by air every day for 6,033 years before experiencing an accident in which at least one passenger was killed. Yet we still have accidents, so we know there is room for improvement. Each fatality is a tragedy. And that rededicates everyone in the aviation industry to our common goal of having every flight take-off and land safely,” said de Juniac.

The international organisation said global standards and best practices are vital to sustaining safety improvements. This is demonstrated by the performance of airlines on the IATA Operational Safety Audit (IOSA) registry. “Now in its fifteenth year, IOSA is the recognised global standard for operational safety. Over the last five years, the accident rate for airlines on the IOSA registry has been nearly three times better than for non-IOSA airlines,” said de Juniac.

To ensure that IOSA delivers even greater value in the future, it is undergoing a digital transformation. Introducing automated advanced business analytics to the IOSA process will enable better management of resources, the ability to measure the effectiveness of standards, and an enhanced level of quality assurance. Digital transformation also will enable more seamless interaction on industry safety initiatives, standards and operational practices, as well as benchmarking.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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