Oil & Gas
From the IOGP Aircraft Management Guidelines:
10.2.9 Flight data analysis Flight data analysis is variously known as Operational Flight Data Monitoring (OFDM), in its application to fixed-wing aircraft, and Helicopter Operational Monitoring Programme (HOMP) in rotary wing application. The system enables air operators to identify, quantify, assess and address operational risks. It is compatible with a pro-active Safety Management System where it can provide assurance that safety levels are being met or improved. OGP has supported the development of the HOMP and recommends these system be considered on all new aircraft long-term contracts, where available for the aircraft model.