Airport Business
Summary
The recent increase of sudden natural disasters have impacted heavily on the aviation industry resulted in delays, congestions, confusions, customer dissatisfaction and even revenue loss. Most Airports believed they are adequately prepared for unforeseen adverse events. The truth is that many are not. If you do not have carefully designed and rehearsed procedures and structures in place, your Airport is at risk of sustaining operational disruption and even business failure.
However awareness amongst the Aviation industry has increased and they are developing a comprehensive crisis continuity program and strategies for testing and maintaining the structures and procedures using proven methodology to identify threats, determine the physical, financial and reputational impact of an interruption, and develop contingency plans to maintain and or restart operations in the shortest possible timeframe.
Airports are working closely with stakeholders including governmental authorities, airlines and community for developing robust structures and procedures, including clearly defined roles and responsibilities, to help minimise any negative impact on all aspects of a business.
Having an emergency plan and crisis management program has indeed taken precedence and is recognized as one of the mandatory aspects in aviation industry to maintain and continue the business relationship.
Introduction
Tourism specifically aviation industry has proven to be a pillar of economic development for many regions around the world. In 2003, tourism was the largest business sector in the world economy, employing 200 million people, generating 3.6 trillion in economic activity and accounting for 1 in every 12 or 8% of jobs worldwide.
The Vulnerable Nature of the Aviation Industry to Different