A system, comprising: a database storing historical aircraft data recorded during flight associated with a plurality of aircraft engines and a plurality of prior aircraft flights; a signal processing unit, coupled to the database, said signal processing unit configured to: access the historical aircraft data recorded during flight associated with the plurality of aircraft engines and the plurality of prior aircraft flights, automatically calculate metrics from the aircraft data recorded during flight on a per-flight basis, employ a probabilistic model to capture and represent relationships based on the calculated metrics, the relationships including a plurality of engine parameters and flight parameters, and calculate at least one conditional probability distribution for a particular aircraft engine during a potential aircraft flight based on the probabilistic model, engine parameter values associated with the particular aircraft engine, and flight parameter values associated with the potential aircraft flight; and a communication port coupled to the signal processing unit to transmit information to render a display of an indication associated with the at least one calculated conditional probability distribution, wherein the at least one conditional probability distribution represents probabilities that an exhaust gas temperature value will exceed a maximum threshold value during the potential aircraft flight, and wherein the system is further configured to automatically generate a recommended adjustment to at least one of an engine parameter value and a flight parameter value based on the at least one conditional probability distribution for the particular aircraft engine during the potential aircraft flight. a database storing historical aircraft data recorded during flight associated with a plurality of aircraft engines and a plurality of prior aircraft flights; a signal processing unit, coupled to the database, said signal processing unit configured to: access the historical aircraft data recorded during flight associated with the plurality of aircraft engines and the plurality of prior aircraft flights, automatically calculate metrics from the aircraft data recorded during flight on a per-flight basis, employ a probabilistic model to capture and represent relationships based on the calculated metrics, the relationships including a plurality of engine parameters and flight parameters, and calculate at least one conditional probability distribution for a particular aircraft engine during a potential aircraft flight based on the probabilistic model, engine parameter values associated with the particular aircraft engine, and flight parameter values associated with the potential aircraft flight; and access the historical aircraft data recorded during flight associated with the plurality of aircraft engines and the plurality of prior aircraft flights, automatically calculate metrics from the aircraft data recorded during flight on a per-flight basis, employ a probabilistic model to capture and represent relationships based on the calculated metrics, the relationships including a plurality of engine parameters and flight parameters, and calculate at least one conditional probability distribution for a particular aircraft engine during a potential aircraft flight based on the probabilistic model, engine parameter values associated with the particular aircraft engine, and flight parameter values associated with the potential aircraft flight; and a communication port coupled to the signal processing unit to transmit information to render a display of an indication associated with the at least one calculated conditional probability distribution, wherein the at least one conditional probability distribution represents probabilities that an exhaust gas temperature value will exceed a maximum threshold value during the potential aircraft flight, and wherein the system is further configured to automatically generate a recommended adjustment to at least one of an engine parameter value and a flight parameter value based on the at least one conditional probability distribution for the particular aircraft engine during the potential aircraft flight.