Osprey Flight Solutions

Purely human-driven research and analysis has long been the cornerstone of aviation risk assessment and mitigation. The list of disadvantages of this approach is extensive, the most crucial being the inherent human subjectivity that often distorts the analysis, hindering the ability to comprehensively identify risks or conduct a systematic risk analysis. If the aviation industry is going to really see the physical, operational, financial, and reputational benefits of proper risk management, they need consistent and quantified methodologies that can be applied in an academically and mathematically rigorous way.

Osprey Flight Solutions, a leading edge aviation risk analysis firm, is evolving risk management in the aviation sector by augmenting traditional human-based risk assessment models with the power of AI. This approach particularly stands out today as the industry is under the greatest financial pressure it has ever seen, combined with increasing restrictions on the global airspace and operations in general, which pose a risk environment for modern aviation companies greater than the human mind can fathom.

"Osprey’s risk assessment capabilities are exemplified in the ongoing support provided to governments, insurers, and operators throughout the Ukraine crisis"

“Combining AI technology with superior human reasoning enables us to eliminate the inherent subjectivity of traditional risk assessment models and develop a more objective and systematic understanding of potential risks in aviation environments,” says Andrew Nicholson, CEO of Osprey Flight Solutions.

Osprey does this by leveraging advanced, proprietary AI algorithms to continuously gather vast amounts of structured and unstructured aviation relevant risk data from over 200,000 publicly available sources in more than 65 languages.

This database includes data on a broad spectrum of risks the aviation industry both faces and creates, from cybercrime to irregular migration and human trafficking, from GPS interference to social unrest, or from surface to air missile threats to fraudulent travel document usage. The risk data is instantly standardised, verified, categorised, and geo-located to determine the relevant risk patterns with the highest level of quality control conducted by the industry-leading Osprey analyst team. An advanced user interface and deep-learning driven anomaly detection enables users to visualise risk environments and make informed risk mitigation and route optimisation decisions on a near real time basis. The resulting data and information drives a suite of reporting to provide clear, compliant, digestible, and actionable intelligence on how aviation organisations can adjust their operations to mitigate these risks.

Such competencies empower a broad range of organisations, from government aviation agencies and private airline companies to insurance companies and single aircraft owners, to foresee, understand, and avert the potential dangers to the aircraft continually, especially in conflict zones.

Osprey’s risk assessment capabilities are exemplified in the ongoing support provided to governments, insurers, and operators throughout the Ukraine crisis. The fastest (alerting of the invasion in advance of even the Ukrainian authorities) most comprehensive, broadest spectrum reporting, with a clear escalation and advance warning weeks before the invasion started, allowed many organisations to reduce the impact and minimise their risks– financial and reputational, as well as physical and operational.

The company is also working with the European Union Aviation Safety Agency (EASA) to deliver a conflict zone risk information-sharing platform. The risk insights provided through the platform to every EU government and EU registered operator will enable these organisations to modify their operation models to ensure the safety of the passengers, the crew, and the aircraft.

Osprey’s capabilities, including the AI-human symbiosis and unique aviation risk database, have garnered recognition from the U.S. government, prompting it to choose Osprey’s risk analyses for various aviation safety purposes.

Risk isn’t static, but the ability to foresee it will help navigate the potential hazards of air travel, and this competency is what Osprey imparts to aviation stakeholders worldwide.