What is the term for an approach that entails flying to a specified point and then executing a missed approach if conditions are not met?

The term for an approach that involves flying to a specified point and executing a missed approach if the required conditions are not met is referred to as a Final Approach. During this phase, the aircraft is aligned with the runway and is in its last segment of landing preparation. If visual or instrument conditions do not meet the necessary criteria for landing at this stage, the pilot will initiate a missed approach procedure to ensure safety.

A Direct Approach typically refers to a straight-in approach without intermediate waypoints, while a Hold Approach involves entering a holding pattern, which does not specifically include the concept of a specified point for missed approach criteria. A Controlled Missed Approach refers more to a situation where air traffic control directs the execution of a missed approach, rather than being about the approach itself. The Final Approach is the standardized term used to describe this critical segment of the landing process.