The International Civil Aviation Organizations (ICAO) decision to require aviation organizations to adopt Safety Management Systems poses a major problem especially for small and medium sized aviation companies. The complexity of regulations overstrains the aviation stakeholders who seek to fully advantage from them but have no clear guidance. The aim of the book is to show the implementation of such a new system with pragmatic effort in order to gain a gradation for smaller operators. This approach should illustrate the leeway in order to adapt the processes and to show the interfaces between Corporate Risk Management and Safety Management. The book shows how to build a system with reasonable effort, appropriate to the size and complexity of the specific operator. It also gives inputs on the key aspects and how to effectively operate such a system with the various interfaces. Furthermore, the book highlights the importance of Corporate Risk Management independent of Safety ManagementSystems based on ICAO.

Prof. Dr. iur. Roland Müller is Professor of Private, Commercial and Aviation Law and President of the Center for Aviation Competence at the University of St. Gallen. He serves in several boards as member and president and holds guest professorships at several universities. Furthermore, he is senior partner at the University of St. Gallen's Center for Corporate Governance.

Dr. oec. HSG Andreas Wittmer is Managing Director of the Center for Aviation Competence at the University of St. Gallen where he also holds courses. He is a guest professor at several international universities in the fields of Aviation Management and Economics. He is President of the Swiss Aerospace Cluster and works as a freelance aircraft accident investigator for the Aircraft Accident Investigation Office of Switzerland.

Christopher Drax is a Consultant at P3 Group, focusing specifically on aviation related subjects. His expertise comprises of Aviation Risk Management, Safety Management Systems, Quality Management Systems and various topics concerning commercial aviation. He holds a degree in Aviation Management from the International University of applied sciences in Bad Honnef and conducted his postgraduate studies in Strategy, Innovation and Management Control at the Vienna University of Economics and Business and Master of International Business at the Queens School of Business in Canada. Furthermore, he is an active aerobatic pilot.

Introduction.- Theoretical Background of Risk and Safety Management.- Practical Implications of Risk and Safety Management.- Implementation and Optimization of Risk and Safety Management.