the concepts of Contingency planning and Crisis Management within aviation environment
Abstract This text looks at the various concepts that are involved in contingency planning and crisis management in the aviation industry . Contingency plans and crisis management are mentioned in the text as being inter-related . This is depicted in the form that contingency planning focuses in actions that may help a business overcome a crisis while crisis management focuses on implementation of the strategies or actions after or during the crisis . With regards to the aviation industry , a number of concepts are looked into such as search and rescue , fuel hedges and

event coordination among others . The text uses two examples in the aviation industry to show how companies have benefited to contingency plans
Introduction
A contingency plan is any devised plan that is developed so as to manage an unprecedented problem in the future . They are sort of back up plans intended at protecting an organization during any sort of crisis . The contingency plans are usually formed with the main objective of hedging an organization from incurring losses . In ensuring that the organization manages itself during crisis contingency plans help to sustain the market image of the company which makes it continue attracting prospective clients
Contingency plans include a variety of actions that are designed to tackle various problems in an organization
Crisis management on the other hand is a series of actions that are taken or implemented during or after the crisis has happened . Therefore contingency plans and crisis management are interrelated . This is because contingency plans come in...
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