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20 Mar 2024

Aviation safety: Analysing the 2023 IATA Annual Safety Report and 2024 accidents to date

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The International Air Transport Association (IATA) recently released its annual safety report and recommendations for air accident prevention by way of the IATA Annual Safety Report – 2023, celebrating the 60th anniversary milestone of the report. This described 2023 as "a significant achievement" and "an exceptionally safe year".

In line with recent years, the annual report noted the continued improvement in safety performance within the aviation industry. In 2023, there were no fatal accidents or hull losses for jet aircraft. This resulted in a record-low fatality risk rate of 0.03 per million sectors, down from 0.11 in 2022 and 0.11 for the five years from 2019-2023. IATA calculated that this high safety level would require a person, on average, to travel by air every day for 103,239 years in order to experience a fatal accident.

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