Doubly salient electromagnetic machine (DSEM) has the advantages of simple construction, easy power generation control and convenient fault de-excitation, making it a promising application in the aviation field. Aviation power generation system puts forward higher requirements for the reliability of generators. Despite the various studies on the fault-tolerant control of DSEM, there are few studies on fault-tolerant control of excitation fault in aviation power generation system. Therefore, the main purpose of this paper is to achieve fault-tolerant power generation (FTPG) system for doubly salient electromagnetic generator (DSEG) on the event of excitation fault and improve the fault tolerance ability of the system, while can improve output power and reduce copper loss of DSEG under loss of excitation. This paper analyses the basic principle of normal power generation about DSEG, establishes its equivalent circuit after excitation loss, and dissects the control strategy for the FTPG with loss of excitation based on a bridge converter. Besides, this paper also proposes a fault-tolerant control system and its control strategy based on a capacitor split-phase bridge (CSPB) converter for DSEG, with higher generated power as well as lower copper loss. Based on the above hypothesis, experiments are performed on a power generation system for 12/8 pole DSEG to verify the feasibility of the proposed method.