WTW and the University of Cambridge’s Centre for Risk Studies has declared the launch of the Airport Risk Index (ARI), which will allow the world’s terminals to introduce new risk profiling methods to enhance their resilience planning.
The ARI was related to global airport executives at the annual WTW Airport Risk Community committee in Lisbon. It compares 110 of the world’s alive airports by passenger volumes, against 19 identified dangers.
The ARI lets airports assess their existing and future assumptions on risk exposure, combining ancient data and predictive analysis to determine the degrees of probability and effect of operational disruption on an airport’s profitability, WTW said.
“In line with our WTW data-led policy, we’re driving change across the aviation ecosystem,” said John Rooley, CEO of global aerospace at WTW. “This inventory will deliver new perspectives and challenge how business criteria and manages risk.”
“The Centre for Risk Studies at Cambridge Judge Business School and WTW co-operated to create this index, which will empower leaders in the flight world through data-driven understandings, to inform risk resilience,” said Dr. Trevor Maynard, director of systemic study at the Centre for Risk Studies.
“Understanding risk and riding resilience are still best met working in partnerships and adopting the talents of people across the globe,” said Hélène Galy, director of WTW Research Network. “This is where our long-term enterprise in research partnerships proves valuable, bringing the latest science to our clients.”
