scholarly journals DEVELOPMENT OF STRATEGIC PLAN FOR ACMI COMPANIES IN AVIATION INDUSTRY

2020 ◽  
Author(s):  
Marija Vaiciulionyte ◽  
Vladislavas Petraškevičius
Keyword(s):  
Insurance Companies ◽  
Strategy Development ◽  
Aviation Industry ◽  
Analytic Hierarchy ◽  
Company Strategy ◽  
Emergency Situations ◽  
Flight Operations ◽  
Major Airlines ◽  
Aircraft Type ◽  
Maintenance Schedules

Aviation industry showing significant growth around the World. Different specialization companies making partnerships with each other to make aviation imperia even bigger and more stable. The relation between companies provides not only growth but also stagnation of operations. Nowadays Boeing 737-MAX crashes prove that affected major companies were forced to stop operations, due to lack of aircraft. For that reason, ACMI (Aircraft, crew, maintenance, and insurance) companies provided the full capacity to maintain flight operations. From this perspective, ACMI companies living a golden age. These companies’ services are booked by major airlines for many months in front, due to unforeseen aircraft type grounding issues. The situation in almost every industry varies between ups and downs by forcing companies to analyze the future strategy development plan. Based on AHP (Analytic Hierarchy Process) and TOPSIS method, it is preferable to buy neither to lease an ACMI services from a longer period perspective. New aircraft are less cheap regarding maintenance schedules, fuel consumption and after full repayment, it becomes airline property. The purpose of the article is to asses ACMI company strategy development to stay in the aviation business after major airlines re-establish their full operations. The leasing company can not be a direct competitor to airlines, therefore it needs to develop specific services, which can attract customers. ACMI company can provide services as fast as possible in unexpected or emergency situations. Moreover giving the flexibility of leasing and providing extra services, makes the company be attractive and unique.

EFFECT OF VOLUNTARY HOME INSURANCE IN A REGION WITH LOW INSURANCE COVERAGE

2020 ◽  
Vol 10 (8) ◽  
pp. 1690-1708
Author(s):  
L.K. Subrakova ◽  
◽  
K.V. Ertiletskaya ◽  
Keyword(s):  
Growth Rate ◽  
Comparative Method ◽  
Insurance Coverage ◽  
Economic Effect ◽  
Insurance Companies ◽  
Insurance Premiums ◽  
Emergency Situations ◽  
Percentage Points ◽  
Regional Budget ◽  
The Republic

The insufficient level of insurance services development in Russia is combined with high risks of losses from emergencies. Compensation to the population for damage or loss of housing as a result of fires, natural disasters, communal accidents and other events occurs mainly at the expense of state funds from the federal and regional budgets. Using the example of the Republic of Khakassia, the article examines the dynamics of performance indicators of insurance companies with their participation in regional programs of voluntary home insurance against emergency situations. The aim of the study is to substantiate the positive economic effect of programs of voluntary insurance of housing by citizens with the participation of funds from the federal, regional budget and insurance companies in compensation for damage from emergencies. Research objectives include: analysis of the risks of emergencies in the Republic of Khakassia; regional features of the insurance market; assessment of the effectiveness of insurance companies’ participation in the voluntary house insurance program against emergency. The materials for this study were regulatory legal acts, data from state statistics, reports of federal authorities, expert assessments on this topic. An empirical research to assess the amount of insurance premiums for voluntary insurance in the Republic of Khakassia was carried out using modeling methods, to determine the number of households in the region, an extrapolation method was used, and a comparative method was used to assess the calculation results. The effect of voluntary insurance of housing against emergencies in the region was obtained in the form of an increase in indicators: the depth of insurance by 0.08 percentage points, the degree of coverage of the insurance field - by 5.27 percentage points, excess of the growth rate of insurance premiums compared to the growth rate consumer prices - by 0.4 pp.

Improving Aviation Insurance System in Russia

TEM Journal ◽  
2021 ◽  
pp. 266-271
Author(s):  
Svetlana Yu. Sivoplyasova ◽  
Sergey M. Voinov
Keyword(s):  
Financial Stability ◽  
Insurance Industry ◽  
Insurance Companies ◽  
Aviation Industry ◽  
Insurance System ◽  
Passenger Traffic ◽  
National Insurance ◽  
Insurance Group ◽  
Before And After ◽  
Insurance Rates

The article is devoted to the study of aviation insurance system in Russia. The novelty is the presentation of aviation insurance as a system of elements. Within the framework of the study, the ranking of insurance companies by indicators of financial stability was carried out on the basis of the methodology proposed by Sberbank. The most stable company is National Insurance Group. An important result is the comparative analysis of aviation industry and aviation insurance industry in the period before and after the COVID-19 pandemic. As a part of the study, the dynamics of passenger traffic was analyzed, and the features of the formation of insurance rates before and after the announcement of the COVID-19 pandemic were revealed. The authors offer recommendations for insurance companies in order to help them overcome the crisis as soon as possible.

Prioritizing Risk-level Factors in Comprehensive Automobile Insurance Management: A Hybrid Multi-criteria Decision-making Model

2020 ◽  
pp. 097215092093228
Author(s):  
Zahra Shams Esfandabadi ◽  
Meisam Ranjbari ◽  
Simone Domenico Scagnelli
Keyword(s):  
Insurance Market ◽  
Insurance Companies ◽  
Risk Level ◽  
Automobile Insurance ◽  
Two Phase ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Risk Levels ◽  
Fuzzy Delphi ◽  
The Individual

An efficient risk-level prediction for newly proposed insurance policies plays a significant role in the survival of companies in the highly competitive insurance market. In Iran, risk assessment in comprehensive automobile insurance, which is a part of motor insurance, is only based on the vehicle attributes without proper consideration of personal and behavioural characteristics of driver(s). As a result, pricing is unfair in most of the cases and this can put insurance companies in an unfavourable financial position due to attracting high-risk drivers instead of low-risk ones. In this scenario, to identify and prioritize important factors affecting risk levels and to move towards a fair ratemaking, a two-phase process based on fuzzy Delphi method (FDM) and fuzzy analytic hierarchy process (FAHP) is proposed in this research. Additionally, similarity aggregation method (SAM) is applied to combine the individual fuzzy opinions of the surveyed experts into a group fuzzy consensus opinion. The results of this empirical study contribute to the insurance market of Iran by proposing appropriate weighting of the relevant risk factors to support stakeholders and policymakers for assessing risks more accurately, as well as designing more effective databases and insurance proposal forms.

scholarly journals Challenges Caused by the Unmanned Aerial Vehicle in the Air Traffic Management

2017 ◽  
Vol 47 (2) ◽  
pp. 96-105 ◽  
Author(s):  
Zsolt Sándor
Keyword(s):  
Unmanned Aerial Vehicle ◽  
Traffic Control ◽  
Traffic Management ◽  
Unmanned Vehicles ◽  
Air Traffic ◽  
Aviation Industry ◽  
Operational Environment ◽  
Flight Operations ◽  
Aerial Vehicle ◽  
Operational Issues

The increasing number of unmanned aerial vehicle poses new challenges in the aviation industry especially the air traffic control, which is responsible for the safe flight operations in the controlled airspaces. In order to protect the conventional aircraft a new operation environment has to be created, which guarantee the safe flying and the possibility of the fulfilment of the flight. In the article drone related safety and operational problems are highlighted. All issue connected to the coexistence of manned and unmanned aircrafts are critical, thus their management have significant importance.Spread and wide use of unmanned aerial vehicle traffic management systems (UTM) can manage the critical operational issues, but is has to be defined that what is the problem, what is the scope, what is the operational environment. Services and functions related to the operation of the UTM system are defined, which are necessary for the safe flying fulfilled by the unmanned vehicles.

scholarly journals Validating Aircraft Noise Models

Proceedings ◽  
2020 ◽  
Vol 59 (1) ◽  
pp. 12
Author(s):  
Ran Giladi ◽  
Eliav Menachi
Keyword(s):  
Noise Level ◽  
Health Hazard ◽  
Aircraft Noise ◽  
Noise Model ◽  
Aviation Industry ◽  
Noise Abatement ◽  
Statistical Variation ◽  
Huge Impact ◽  
Aircraft Type ◽  
Noise Models

Aircraft noise, especially at takeoffs and landings, became a major environmental nuisance and a health hazard for the population around metropolitan airports. In the battle for a better quality of life, wellbeing, and health, aircraft noise models are essential for noise abatement, control, enforcement, evaluation, policy-making, and shaping the entire aviation industry. Aircraft noise models calculate noise and exposure levels based on aircraft types, engines and airframes, aircraft flight paths, environment factors, and more. Validating the aircraft noise model is a mandatory step towards the model credibility, especially when these models play such a key role with a huge impact on society, economy, and public health. Yet, no validation procedure was offered, and it turns out to be a challenging task. The actual, measured, aircraft noise level is known to be subject to statistical variation, even for the same aircraft type at the same situation and flight phase, executing the same flight procedure, with similar environmental factors and at the same place. This study tries to validate the FAA’s AEDT aircraft noise model, by trying to correlate the specific flight path of an aircraft with its measured noise level. The results show that the AEDT noise model underestimates the actual noise level, and four validation steps should be performed to correct or tune aircraft noise databases and flight profiles.

scholarly journals A Study of Applying Fuzzy Theory in Simulation-Based Education

2019 ◽  
Vol 9 (10) ◽  
pp. 1989 ◽  
Author(s):  
Shao-Yu Liu ◽  
Yu-Cheng Wang
Keyword(s):  
Fuzzy Theory ◽  
Management Training ◽  
General Aviation ◽  
Aviation Industry ◽  
Analytic Hierarchy ◽  
Aviation Accidents ◽  
Resources Management ◽  
Helicopter Flight ◽  
Fuzzy Delphi ◽  
Assessment Guidelines

Among all aviation accidents in Taiwan’s general aviation industry from 1998 to 2016, human factors account for the most at 51.2%, including negligence of external obstacles, poor autopilot flight ability, poor resources management of the crew, inability to follow aviation regulations, lack of understanding of the landing area, not fully comprehending the operational functions and not alert to situations. Those factors have seriously affected flight safety. Resources management training for crew members may thus be the best measure to prevent human errors. Following the Evidence-Based Training (EBT) promoted by ICAO and International Air Transport Association (IATA), this study constructs the assessment indices of EBT for helicopter crews. After collecting the opinions of helicopter flight instructors of military and civil helicopter units, we apply the Fuzzy Delphi Method (FDM) for the preliminary assessment guidelines, use the Fuzzy Analytic Hierarchy Process (FAHP) to construct the hierarchy, and then calculate each criterion and each criterion weight.

Environment factor–based equipment hazard rate prognosis for maintenance scheduling

2015 ◽  
Vol 231 (8) ◽  
pp. 1488-1497 ◽  
Author(s):  
Xinyang Tao ◽  
Tangbin Xia ◽  
Lifeng Xi
Keyword(s):  
Hazard Rate ◽  
Maintenance Scheduling ◽  
Condition Based Maintenance ◽  
Analytic Hierarchy ◽  
Environment Factors ◽  
Innovative Methodology ◽  
Statistical Pattern ◽  
Optimal Maintenance ◽  
Improved Model ◽  
Maintenance Schedules

In recent years, condition-based maintenance has been increasingly considered for improving system reliability and cost effectiveness. Equipment hazard rate prognosis plays an important role in condition-based maintenance scheduling. Thus, this article focuses on evaluating and extracting environment factors that reflect environmental effects on the equipment hazard rate. Better condition-based maintenance schedules can be designed through the use of equipment hazard rates considering environmental influences. An innovative methodology is proposed in this article: first, statistical pattern recognition is used to extract environment factors; a method combining rough sets and an analytic hierarchy process is used to obtain the different weighting factors for the different environmental elements, and then they can be used to extract future environment factors; and finally, the environment factors are dynamically applied in an improved condition-based maintenance model. The results of a case study show that this methodology can be used to develop comprehensive and optimal maintenance schedules. Furthermore, compared with traditional models, the improved model is proved to be more effective and realistic because of the evaluation and application of environment factors.

scholarly journals Covid-19 and Implementation of Airport Health and Safety Procedures: The Safety Culture Perception

2021 ◽  
Vol 6 (4) ◽  
pp. 2070
Author(s):  
Wildan Nugraha ◽  
Direstu Amalia
Keyword(s):  
Health And Safety ◽  
Aviation Safety ◽  
Aviation Industry ◽  
Airport Management ◽  
Transportation Services ◽  
Industrial Sectors ◽  
Flight Operations ◽  
The Government ◽  
Almost All ◽  
Safety Procedures

The Covid-19 pandemic that is currently happening has become a scourge for the community and has had a quite wide impact on almost all industrial sectors, especially in the aviation industry. Government directions that require individuals to carry out social and physical distancing have made noteworthy changes to the flight forms and methods. The aim of this research is to assess the effect of implementing policies or regulations issued by the government regarding the handling of Covid-19 on aviation safety, especially in the airport operations sector. The approach of this research is descriptive qualitative, while data collection uses interview techniques and distributing questionnaires to airport personnel and airport management. This study resulted in findings that the aspect of aviation safety, especially for users of air transportation services, remains a top priority for airport operators even though during the Covid-19 pandemic, this is evidenced by the application of Biosafety Management and Biosecurity Management in the implementation of flight operations at airports. however, it is necessary to establish good collaboration and coordination with operators between modes of transportation other than aircraft in the airport area to prioritize the safety of users of transportation services by implementing health protocols.

scholarly journals Economic Impact of World Bank Aviation Investment in Pacific Island Countries

2017 ◽  
Vol 3 (3) ◽  
pp. 343
Author(s):  
Cindy Greenman ◽  
Javad Gorjidooz
Keyword(s):  
Economic Impact ◽  
World Bank ◽  
Environmental Sustainability ◽  
Aviation Industry ◽  
World Bank Group ◽  
Pacific Island ◽  
Flight Operations ◽  
The Pacific ◽  
The World ◽  
Pacific Island Countries

<p><em>The World Bank Group (WBG) has provided grant and credits to support projects related to aviation and air transport including capacity building, policy and regulation, safety and security, infrastructure rehabilitation, and institutional strengthening for over 60 years. Today, the WBG remains actively engaged on aviation related project in every region of the world including the Pacific Island Countries. The purpose of this paper is to investigate the economic impact of WBG investments in aviation infrastructures in Pacific Island Countries.</em></p><p><em>The preliminary results of this study show a serious deficiency in the areas of aviation infrastructure, safety and security, management efficiency, and airport environmental sustainability in the Pacific Island countries. Without a dynamic aviation industry, most developing countries would see a drastic reduction in tourism, resulting in an economic slowdown. In Pacific Island countries, if these aviation infrastructure deficiency continued to go unaddressed, they would likely lead to the end of international flight operations to the airports in this region. Therefore, the WBG investments in aviation infrastructure is necessary in this region to support tourism, economic development, job creation, and higher standard of living in for Pacific Islanders.</em></p>

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