Utilizing a two-phase approach, the purpose of the research was to create and validate a single quantitative indicator of flight safety performance for Part 141 flight departments to increase the accuracy of the Risk Management and Safety Assurance components of the Flight Department’s Safety Management System (SMS). By applying scientific principles from data analytics and safety theory, the validated algorithm will have the ability to run what-if scenarios to assess how changes to input variables impact overall safety within the organization’s flight department. The algorithm could also be used to justify new staff positions, technology, or other safety-related initiatives within Part 141 approved organizations