Case Study Solutions Case Study Solutions | Page 6

MSC RISK MANAGEMENT6
However, apart from the safety hazards, security threat which includes software breach
and loss of control over operation due to external viruses has also lead to great global airplane
crashes. Many aviation industries have adopted the practice of replacing the old software with a
new one each after irregular interval, while some have increased the firewall in order to secure
the data and also mitigate the risk of incurring additional crash that might place the medium use
in jeopardy again. All these improvements have led to though improved traveling experience, yet
the hazards are still the pertaining part of the aviation industry, which cannot be eliminated yet
can be managed.
Research Objective
The research objective of the report is to analyze the improvements that are being made
in the aviation industry over the period of time, and to analyze the the gap in the market that is
resisting the aviation industry to flourish more in future.
Research Method
The research would be conducted using the secondary source and would be based on
explanatory research. Since the objective of the research is to analyze the aviation industry on
safety and security scale, the research type will be explanatory in nature.
Literature Review
Aviation industry over the last thirty decades has seen many turbulent turns in the
industry mainly due to the economic and political factors which has affected the business,
economic wealth, national income, purchase parity and economic stability of the country,
effecting the travel patterns of the customers. Though many researchers from start have put the