5-2 Report: Risk Impact Assessment 1
5-2 Report: Risk Impact Assessment
Samnang Sam
Southern New Hampshire University
MBA-620-Q3790 Measuring Success in an Org
Instructor: James Walters
March 12, 2023
5-2 Report: Risk Impact Assessment 2
Risk Assessment Report for TransGlobal Airlines
TransGlobal Airlines is one of the leading global airliners with a strong presence in the
US market. It has operated for over 70 years and has a fleet of over 1,000 aircraft. The company
recently approved a comprehensive plan identified as TransGlobal 2030. The plan aims to lead
the industry in three critical areas: safety, excitement, and stewardship (SES). This report aims to
identify two significant risks the company faces, including at least one high-impact risk. We will
also identify the balanced scorecard component each risk corresponds to and classify the risk
based on two types. Finally, we will evaluate the probability and impact of each identified risk
and recommend a possible risk-prevention or mitigation strategy for each identified risk.
Risk 1: Safety concerns related to the MAX 737 aircraft
TransGlobal Airlines faces a primary risk associated with the safety issues of the MAX
737 airplane. The company's success in safely reintroducing and marketing this aircraft could
significantly affect its reputation and financial performance. The worldwide controversy
surrounding the safety of the MAX 737 raises concerns about the potential loss of customers and
the risk of lawsuits if not addressed appropriately. This plane has been subject to intense scrutiny
since March 2019 after its involvement in two significant accidents that resulted in the loss of
