Titlebook: Aviation Systems; Management of the In Andreas Wittmer,Thomas Bieger,Roland Müller Textbook 2021Latest edition The Editor(s) (if applicable

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https://doi.org/10.1007/978-3-319-46608-8Each sub-industry faces different degrees of profitability which depend on the entry barriers and the natural market power. This explains why airlines see narrower profit margins while airports or leasing companies face higher profits.

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Algorithms for Group Recommendationre mandated by ICAO for all players within the aviation industry. However, an SMS needs to be accompanied by a safety culture that embraces the values needed for the SMS to succeed in identifying and rectifying problems. Therefore, important aspects surrounding an encouraging safety culture need to be considered.

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Aviation Governance,eering and controlling under Corporate Governance, it is key to build a talented board of directors in an aviation enterprise. Furthermore, Aviation Governance should be established on four levels: situational, strategic, integrated and controlled.

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