No / Fault management is one of the important management functions of a telecommunication network and mainly deals with fault monitoring and diagnosis. This paper applies reliability theories and methodologies for the fault management of an aeronautical communication system developed within the EU FP7 SANDRA project. The failure of the SANDRA terminal demonstrator is an undesirable event and the corresponding fault tree was built upon a reliability function analysis and was used to quickly monitor failures in the system. By using Monte Carlo simulations, the SANDRA demonstrator's reliability can be predicted and important components, which have major contributions to system failures, can be identified. The results can be used to improve the system reliability by adding parallel components in weak and important places.