Willis Towers Watson plc has released a new report highlighting significant concerns among aviation industry executives regarding their preparedness for emerging risk challenges over the next decade. The report, titled "Understanding Emerging Risks in the Aviation Industry," reveals that only 30% of surveyed executives believe their current strategies are equipped to tackle future risks. A striking 80% of key decision-makers and 90% of risk strategy implementers were unable to define their organization's emerging risk parameters, and nearly half couldn't identify their top five emerging risks. Despite the industry's openness to data sharing, particularly in safety, the report emphasizes the need for proactive, forward-thinking strategies that embrace adaptability and resilience. AI is recognized as an immediate risk but is not seen as a major concern for the future. John Rooley, CEO of Willis Aviation & Space, stressed the importance of reevaluating risk management approaches in light of challenges like AI, cyberattacks, and energy transitions, urging the industry to align planning with a resilient and adaptable mindset.