Risk and Economic Analysis Methods of Commercial Aero Engines

Abstract

This chapter outlines the results of risk analysis and economic analysis of commercial aero engines during aircraft operation. Risk analysis is the procedure for identifying risk factors and assessing their significance, in essence, analysis of the likelihood that certain undesirable events may occur and as such adversely affect operation. Risk analysis includes risk assessment and methods to reduce risks or reduce adverse effects associated with it. Furthermore, economical analysis is a scientific way of understanding the essence of economic phenomena and processes, which in turn are based on dividing them into their constituent parts. In doing so, the variety of relationships and dependencies aimed at improving the associated work through the development and implementation of optimal solutions is studied. The purpose of the economic analysis is to give management of the actual state, and for persons who are not directly working with it, but are interested in its financial condition, the information necessary for an impartial judgment.