System and method for aircraft operations including path guidance panel with conditional waypoints

1. A flight management system for controlling navigation of an aircraft, comprising: a path guidance panel having at least one mode selector for allowing user selection of guidance mode in which the aircraft is to operate; at least one display device having rendered thereon a navigational map; and a processor that receives aircraft data from one or more aircraft components, at least one of the aircraft components being a guidance system, the processor being configured to use information obtained from the guidance system to cause the at least one display device to render on the navigational map a current flight plan path that is the aircraft is following, the processor being further configured to cause the at least one display device to render on the navigational map a current location of the aircraft and wherein the current location of the aircraft deviates from the current flight plan path, the processor being further configured to cause the at least one display device to render on the navigational map dynamically changeable aircraft heading commands received from a user that cause the aircraft to rejoin the current flight plan path.