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Safety Performance in modern aviation wet-leasing operation

Krkovic, Vuk LU and Tajik, Arad LU (2025) FLYL01 20251
School of Aviation
Abstract
This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and... (More)
This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and inter-organizational cooperation in a leasing environment. (Less)
Popular Abstract
This thesis examines how different fleet ownership models, most notably wetleasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and... (More)
This thesis examines how different fleet ownership models, most notably wetleasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and interorganizational cooperation in a leasing environment. (Less)
Please use this url to cite or link to this publication:
author
Krkovic, Vuk LU and Tajik, Arad LU
supervisor
organization
course
FLYL01 20251
year
type
M2 - Bachelor Degree
subject
keywords
aviation safety wet-leasing, FLYL01
language
English
id
9202717
date added to LUP
2025-06-23 08:58:09
date last changed
2025-06-23 08:58:09
@misc{9202717,
  abstract     = {{This thesis examines how different fleet ownership models, most notably wet-leasing, have an effect on European airlines' safety performance. Aircraft leasing has expanded significantly across the modern aviation sector, offering operational flexibility at the same time as adding complexity to the management of safety issues. A mixed-methods approach was adopted, combining quantitative analysis of accident/incident data with qualitative data obtained through industry professionals' semi-structured interviews across a variety of different segments. Analysis shows that wet-leasing operations have similar safety performance to traditionally owned fleets, but also present commensurate risks from regulatory compatibility, cultural fit, and effective implementation of Safety Management Systems (SMS). Findings enhance an understanding of aviation leasing operations and provide pragmatic suggestions to enhance oversight, contractual agreements, and inter-organizational cooperation in a leasing environment.}},
  author       = {{Krkovic, Vuk and Tajik, Arad}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Safety Performance in modern aviation wet-leasing operation}},
  year         = {{2025}},
}