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Self-sufficient resource-pooling system for risk sharing of airspace risks related to natural disaster events

a resource-pooling system and risk-sharing technology, applied in traffic control systems, instruments, data processing applications, etc., can solve the problems of airlines facing serious risks of out of business without generating revenue, rare risk events can be captured, and no standard for critical ash concentrations or even good measurement systems, etc., to achieve the effect of stable system against possible fraud

Inactive Publication Date: 2015-06-18
SWISS REINSURANCE CO LTD
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  • Summary
  • Abstract
  • Description
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  • Application Information

AI Technical Summary

Benefits of technology

The patent describes a system for triggering a filter module in a core engine based on external factors, such as airport closing. The system uses an additional trigger device to confirm if the airport closing is caused by a third party or not. This helps to prevent fraud or arbitrary acts by the airport operator and ensures stability of the system.

Problems solved by technology

The technical problem addressed in this patent text is the need for a non-destructive coverage system that can provide relief to airlines and airports in case of cancelled flights due to weather, airline/airport and ATC, without requiring a physical damage to the aircraft or facilities. This is important because such cancellations can result in significant economic losses for the airline industry and airports, and there is currently no effective way to compensate for these losses.

Method used

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  • Self-sufficient resource-pooling system for risk sharing of airspace risks related to natural disaster events
  • Self-sufficient resource-pooling system for risk sharing of airspace risks related to natural disaster events
  • Self-sufficient resource-pooling system for risk sharing of airspace risks related to natural disaster events

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Embodiment Construction

[0017]In FIG. 1, reference numeral 1 refers to an self-sufficient resource-pooling system according to the invention, reference numeral 2 to a core engine, 3 to a receiver module, 4 to a trigger module, 5 to an appropriately realized filter module, 6 to a failure deployment device generating an technical output or activation signal, and 7 to an automated activated damage recovering system operated or steered by the output signal. The system 1 technically prevents imminent grounding of aircraft fleets 81, . . . , 84 as a consequence of natural disaster events, pandemics or terroristic activities by providing loss coverage of aircraft fleets 81, . . . , 84 based on pooled resources and risks. The natural disasters, which can lead to an airport closings can comprise all possible catastrophic events, which are inter alia measurable based on atmospheric conditions (example: volcanic ash), meteorological conditions (example: flood, earthquake, storm, wind, rain), and / or seismic conditions...

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Abstract

The invention relates to a self-sufficient resource-pooling system (1) for risk sharing of a variable number of risk exposed aircraft fleets (81, . . . , 84) related to airspace risks, wherein resources of the risk exposed aircraft fleets (81, . . . , 84) are pooled by the system (1) and a self-sufficient risk protection is provided for the risk exposed aircraft fleets (81, . . . , 84) by means of the system (1) preventing imminent grounding or operational collapse as a consequence of an occurrence of a natural disaster events, such as volcanic eruptions. The risk exposed aircraft fleets (81, . . . , 84) are connected to the system (1) by means of a plurality of payment-receiving modules configured to receive and store payments from the risk exposed aircraft fleets (81, . . . , 84) for the pooling of their risks and resources and loss cover is provided based on the pooled resources and risks by means of the system (1).

Description

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Claims

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Application Information

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Owner SWISS REINSURANCE CO LTD
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