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Essay / Research Paper Abstract
This 12 page paper explores the different types of risks that may be faced by an airline. These include physical threats as well as virtual or intangible threats, such as computer viruses and assessing the level and severity of the threat. The paper also includes consideration of the reliance placed on suppliers. The bibliography cites 6 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEairrisk.rtf
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Unformatted sample text from the term paper:
11th. Airlines have become very aware of the different types of risk they face, and where that airline is also a sole provider of services at a small airport,
the risk may also include many ground level risks, such as security and logistical management issues. When looking at risks these can be divided into two main categories, physical
risks, form a drunken passengers trying to assault a member of staff to the attempt to cut communications or bring a bomb onto a flight, and there are virtual or
remote threats, such as hackers into a security system, the disruption of computers and issues such as information and the retention of competitive intelligence as well as the competitive position
of the company. All of these may be destructive and all must be considered in terms of risk assessment. In todays world the issue of physical risk is upper
most in most traveller minds. The issue of security was brought to mind very clearly when hijackers were able to take control of two aircraft and fly them into the
twin towers of the World Trade Centre, and another into the Pentagon. Had security been sufficiently aware of this risk, measures may have been taken to reduce the likelihood of
the risk occurring. Measures such as restricting what could be taken onto aircraft, the locking of cockpit doors so pilots cannot be threatened or murdered, and the screening of passengers
are all measures that are more appreciated today. Whilst the likelihood of an attack such as this has reduced, it has not disappeared although, as seen with the capture of
Richard Reed and the recent grounding of many aircraft that were due to fly to Washington. For the airline, it is more than only the aircraft that are at risk,
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