Major aviation organisations from around the world have signed a declaration of intent for the exchange of data on safety during the ICAO High-Level Safety Conference in Montreal, Canada.
The organisations include the International Air Transport Association (IATA), the International Civil Aviation Organization (ICAO), the Federal Aviation Administration (FAA) and the European Union (EU).
Together they will work towards standardising safety audit information and ensure compliance with local privacy laws and policies.
The project, which is expected to be completed within 12 to 18 months, will address technical, confidentiality, legal and policy implications, as well as the relevance and timing of information collected.
Audit data collected by IATA, ICAO, the FAA and the EU as complementary safety information will be a key element in the project.
The ICAO will facilitate the collection, analysis and dissemination of safety information that will be provided by state and industry partners throughout the international aviation community.
ICAO president Roberto Kobeh González said it has traditionally focused its efforts on accident reports as a means to improve safety.
"This new approach will help us to better identify and deal with safety threats before they result in accidents," González said.