1、Risk reporting trends across the aviation industryRisk reporting trends across the aviation industry2IntroductionA rapidly changing risk landscape presents both opportunities and threats to aviation organizations,resulting in a move towards stricter regulatory reporting.This move is confirmed by fin
2、dings from Marsh Advisorys research.Regulatory and legislative risk is one of the most frequently identified top risks facing the aviation industry.Research approachUnique analysis has been abstracted from the risk information contained in the annual reports of more than 40 aviation companies across
3、 three industry sectors(aerospace and defense,airport services,and passenger airlines)to better understand the risk governance approaches and principal risks being reported,as well as climate-related trends.Headquartered in 18 countries,the companies in this group represent a market capitalization o
4、f,on average,US$43 billion across the aviation sector and are listed on various market exchanges,including the FTSE 100,S&P 500,Euronext,and Hang Seng.The report summarizes more than 800 combined risks extracted from the annual reports of the 40 companies studied,covering the reporting period July 2
5、022-July 2023.It considers contextual factors,including global economic dynamics,within the reporting period.Published risk data was benchmarked against the World Economic Forums Global Risks Report 2024 to compare results and trends.The report also reviews how these companies are faring on leading
6、sustainability and environmental,social,and governance(ESG)indicators.Through the data,we outline some of the key risks facing the aviation industry,analyze where the industry is heading,and how this can be aligned to existing opportunities.Key risk themesWe found that the key risks identified throu