Scariest Aerospace Risk: Fuel Price

The Scream, by Edvard Munch (1893)

The Scream, by Edvard Munch (1893)

The trouble with a Halloween blog about air transport is that it isn’t or shouldn’t be scary. It is statistically one of the safest things you can do. The industry continues, despite all the recent economic challenges, to maintain and improve its safety standards. New technology, mergers in mature markets and growth in emerging economies are only enhancing the risk profile of the industry. Sure the industry has its own set of horrors, not least the fuel price, but the flying is not scary at all. Having said that I have never flown on a broomstick!

This post was part of the special feature about Our Scariest Risks, published October 31, 2011. The feature also included these other risks:
Aerospace
Captive Insurance
China
D&O
Employee Benefits
Energy
Environmental Liability
ERM
Financial Services
FINEX
Global
Health Care
Middle East
Mining
Power
Real Estate
Reinsurance
Renewables
Supply Chain
Terrorism
Trade Credit

About Steve Doyle

Steve is the Willis Aerospace Business Development & Sales Director in London, where he leads the division’s …
Categories: Aerospace

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