Climate risk increasing concern for airport community

Climate risk is becoming a major concern for the airport sector, with flooding also a key area of risk. This is according to a poll conducted by Willis Towers Watson at its recent Airport Risk Community conference, and which highlighted the top risks faced in the sector.

CEO of Willis Towers Watson Global Aerospace, John Rooley said: “We established the Airport Risk Community to identify top risks affecting the airport community. Our recent annual conference clearly demonstrated that airport clients were quite specific in their concerns about climate risk and its impact on airport functionality. Our commitment to tackling climate risk enables us to provide guidance on identifying and mitigating this issue.”

Other risks identified as of key concern in 2019 as in 2016, were the failure of critical IT systems, which were viewed as the top risk, as well as an increased security threat from cyber and data privacy breaches. The risk from drones and the corresponding threat to an airport’s reputation were also new entrants. Security issues were the largest mover in the top 20, in 2016, ranked 19 out of 20, and now featuring at number 4.

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