? New 2012 Airline Holistic Safety Rating? by Air Transport Rating
« New 2012 Airline Holistic Safety Rating» by Air Transport Rating Agency
GENEVA, June 12, 2012-
The independent Swiss rating agency “Air Transport Rating Agency” (ATRA) is releasing
the second yearly 2012 holistic safety rating for commercial airlines.
The Air Transport Rating Agency is the only rating agency using an objective
mathematical multi-criteria approach, which takes into account the complexity of air
safety in order to obtain results which are tangible, meaningful and that can be
reproduced without any arbitrary weighting systems: the ATRA holistic safety rating.
Using mainly available public data sources, ATRA has selected 15 criteria contributing
to a general safety profile. Quantitative parameters (such as the average age of the
fleet) or qualitative parameters (such as the homogeneity of the fleet) were computed
using mathematical algorithms in order to generate a synthetic indicator and to present a
meaningful scientific rating.
Most safety rankings are based on accident statistics as single criteria. This
approach is very limited and misleading because accidents in commercial aviation are
extremely rare and accident rates cannot be used to derive any valid statistical
interpretations beyond simple descriptive information and case-by-case learning useful for
the entire aviation community.
Although the European Union publishes a “black list” of airlines not reaching a
certain level of safety requirements, there are real differences in terms of safety
profiles among the other airlines belonging to the “white list”. A conjunction of very
rare factors can occur with any carrier but one single accident significantly impacts a
company reputation, whatever the causes and responsibilities. The innovative and unique
approach of the ATRA holistic safety rating is to take into account a number of
parameters, which contribute to general safety, without being necessarily directly
attributed to safety management or accident history.
The quality and originality of the ATRA scientific multi-criteria approach adapted to
the aviation sector, explains why a number of financial analysts, insurers and travel
agencies use the ATRA holistic safety rating as reference.
From a dataset of the 92 most important airlines in term of financial revenues, the
top ten airlines 2012 (2010 data) from the holistic safety profiles are (by alphabetic
AMR Corporation (American Airlines and American Eagles)
International Airlines Group (British Airways)
The top 10 airlines of the “ATRA holistic safety rating” is released to the general
public every year online (http://www.ATRA.aero). Full rating of the 92 most important
Airlines and their exact ranking details are available in the frame of technical reports
for professionals (airlines, insurance companies, financial analysts, etc.) under request
to the Air Transport Rating Agency.
International Press Relation Agency
Route des jeunes 37 - Mail Box 1175
CH -1227 CAROUGE-GENEVE
Tel : + 41-22-342-10-10
Visit the official website : http://www.atra.aero
Source: Air Transport Rating Agency