Willis has launched AirStar - an integrated solution to the management of complex major risks within an airport environment.
It provides a consistent and objective measure of risks and controls, alongside an analytical method of prioritising the improvement of risk strategies.
As a result of commercial pressures, customer demands and changes to the international transport industry, outsourcing of airport operations has grown. This has resulted in complex contractual arrangements involving many parties.
AirStar addresses risk in four key areas:
- airport operations/revenue generation
- safety
- security
- environment
In each of these areas AirStar will identify all significant risks, quantify their potential impact and determine which personnel are responsible for managing these risks.
Duncan Ranger of Willis, said: "In the current air transport environment, airport operators must be able to demonstrate the operation of appropriate management systems for risk.
"Changes in the expectations of regulators, customers and investors have created an environment where failure to effectively manage risk can attract penalties in the civil and criminal courts. These will not only damage the reputation and financial base of the operator but could create personal liabilities for directors and officers. AirStar will ensure standards are maintained and that risk control activities are implemented to a standard which will create a 'defensible position' in the event of a major accident."
