BACK TO BASICS: PRIORITIZING SAFETY IN A CHALLENGING ECONOMY
“Back to Basics: Prioritizing Safety in a Challenging Economy.” Operating Environment and Safety Any nation’s economic success depends on having a vibrant airline industry and to support this effort, the airlines must remain committed to ensuring their operations are the safest, and most efficient. The airline industry’s contribution to the nationalization of a country’s economy and the globalization of the world’s economy cannot be overemphasized. It connects buyers and sellers and transports goods within one nation and across other nations while breaking the barriers of distance and time. Like any other business, the airline industry is impacted by changes in the external environment, and observation shows that the global commercial aviation industry is not immune to a socio-economic crisis. This is often referred to as the operational environment. The operational environment for the airline industry stands for political, social, legislative, economic, cu...