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Safer Skies over Spain

Author

Listed:
  • 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)

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.

Suggested Citation

  • Verónica Elvira & Francisco Bernal & Pablo Hernandez-Coronado & Esperanza Herraiz & Cesar Alfaro & Javier Gomez & David Rios Insua, 2020. "Safer Skies over Spain," Interfaces, INFORMS, vol. 50(1), pages 21-36, January.
    • Handle: RePEc:inm:orinte:v:50:y:2020:i:1:p:21-36
    DOI: 10.1287/inte.2019.1018
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    References listed on IDEAS

    as
    1. Viscusi, W Kip & Aldy, Joseph E, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
    2. Rios Insua, D. & Alfaro, C. & Gomez, J. & Hernandez-Coronado, P. & Bernal, F., 2018. "A framework for risk management decisions in aviation safety at state level," Reliability Engineering and System Safety, Elsevier, vol. 179(C), pages 74-82.
    3. repec:reg:rpubli:282 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

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