Safer Skies over Spain
Verónica Elvira (),
Francisco Bernal (),
Pablo Hernandez-Coronado (),
Esperanza Herraiz (),
Cesar Alfaro (),
Javier Gomez () and
David Rios Insua ()
Additional contact information
Verónica Elvira: Agencia Estatal de Seguridad Aerea, 28020 Madrid, Spain;
Francisco Bernal: Agencia Estatal de Seguridad Aerea, 28020 Madrid, Spain;
Pablo Hernandez-Coronado: Administrador de Infraestructuras Ferroviarias, 28020 Madrid, Spain;
Esperanza Herraiz: Comision de Investigacion de Accidentes e Incidentes de Aviación Civil, 28020 Madrid, Spain;
Cesar Alfaro: Rey Juan Carlos University, Móstoles, 28933 Madrid, Spain;
Javier Gomez: Rey Juan Carlos University, Móstoles, 28933 Madrid, Spain;
David Rios Insua: Royal Academy of Sciences, 28004 Madrid, Spain; ICMAT-CSIC, 28049 Madrid, Spain
Interfaces, 2020, vol. 50, issue 1, 21-36
Abstract:
Agencia Estatal de Seguridad Aerea, the Spanish aviation safety and security agency, applied an innovative risk-analysis methodology and decision support system, developed in partnership with the Spanish Royal Academy of Sciences, to improve Spain’s national aviation safety. The agency uses several analytics methods to forecast the likelihood and impact of various types of safety occurrences. This enables management to focus attention and resources where they will be most effective. For example, a nonlinear optimization model allocates inspection resources. The result has been a major improvement in aviation safety, which led to reductions in aircraft repairs, maintenance, delays, and expenses. The agency estimated annual savings to be about 800 million euros in equivalent safety costs.
Keywords: aviation safety; risk analysis; decision support; large-scale Bayesian forecasting; optimization (search for similar items in EconPapers)
Date: 2020
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https://doi.org/10.1287/inte.2019.1018 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:50:y:2020:i:1:p:21-36
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