Effects Of Risk Management On Airlines Profitability

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17 pages in length. The prevalence of profitability within the airline industry is based upon myriad variables, any one of which can serve as a weak link in an otherwise solid infrastructure. The extent to which each individual aspect of risk management is integral both by itself and as a part of the overall operation is both grand and far-reaching; that the very meaning of risk management reflects 'the systematic application of management policies, procedures and practices to the tasks of identifying, analysing, evaluating, treating and monitoring risk' (The State of Queensland Department of Employment and Training, 2004) speaks to the overwhelming implications associated with the bottom line. Bibliography lists 26 sources.