The aviation security and risks in australia

Running head: AVIATION SECURITY AND RISKS IN AUSTRALIA
Aviation Security and Risks in Australia
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AVIATION SECURITY AND RISKS IN AUSTRALIA 2
Table of Contents
Introduction......................................................................................................................................3
Australian Aviation Security and Risks...........................................................................................3
Risk Mitigation strategies................................................................................................................5
Conclusion.......................................................................................................................................8
References........................................................................................................................................9

AVIATION SECURITY AND RISKS IN AUSTRALIA 3
Introduction
I must start by acknowledging the fact that the aviation industry is an important strategic
industry. It connects cities and continents. It is the engine of the global economy and is
characterized by a high intensity of scientific research. It is mostly independent of market
conditions and, at the same time, it is the pillar of the creation of added value and employment.
However, I must stress the fact that the only thing to keep in mind is that the aviation and travel
industries are industries where performance can quickly deteriorate. The global financial crisis of
Lehman shock caused demand airline business to drop sharply. Besides, the 9/11 terrorist attack
in the United States where aircraft hijacked by terrorists plunged into the World Trade Center,
and the Pentagon almost paralyzed the industry. Later, the Afghan War, the Iraq War, and the
war that the United States claimed to be "fighting terrorism" also had detrimental effects on the
aviation industry. In all these instances, people around the world hesitated to fly.
Australian Aviation Security and Risks
The key aviation security risk in Australia include illegal interference could be acts of
terrorism, sabotage, threat to life and property, communication of false threats, bombings, etc.
The recent attack, which took place on June 5 at Melbourne is a clear indication that terrorism is
among the top security risks facing the Australian aviation industry (Condon, 2019). Although
many of these problems are often short-term in nature, the frequency of these events means that
it is almost impossible to predict income accurately. The industry calls these risks "event risks."
While most aircraft accidents are the responsibility of the airline, terrorism, the economic crisis,
and the spread of illness are risks caused by external events. Events that can't be helped by one
airline alone can reduce salaries or cause restructuring. While airlines and travel agencies are