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risk management - Aviation

Mmisbahkiran5y ago
Sir in case of aviation they usually have comprehensive insurance or contingency plan if aeroplane operationality effect. so that is basically risk mitigation startegy. As coz of natural disaster COVID 19 risk realizes and steps taken by aviation are basically to reduce the effect of such realization like cost cutting delayed purchase of further fleet discontinue unnecessary services.
kengarrettkengarrettTutor5y ago#1
Yes - insurance is mitigation. Yes - all those measures reduce the effect of the disaster.
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