Financial Risk Prevention Study About Listed Airlines In Our Country

Under the conditions of market economy, market players compete fiercely. Poor management is likely to cause the risk of bankruptcy, and risk is everywhere and at all times there. After the 2008 financial crisis, China's civil aviation industry felled in trouble, a number of company funds strands broke, East Star Airlines was in bankruptcy in August 2009. Huge airline crashing down, which cannot help but pity that, while hidden in the underlying business risk, especially financial risk got thought-provoking.China's aviation industry has experienced relatively rapid economic development of the "Eleventh Five-Year", the rising scale of operation, the overall effectiveness of the attention. However, many of which exposed the financial problems, especially in the international financial crisis in 2008 when the airline industry suffered a setback. As airlines special industry background, high rates of assets and liabilities, operating costs are fuel prices, trade monopoly, and the impact of fluctuating exchange rates.Most of China Airlines aircraft finance lease income by foreign airlines is not only costly but also highly vulnerable to international political and economic environment, so the financial risk can be described as unpredictable. Airlines in response to option hedging strategy for oil prices in the international investment bank, if under a reverse operation, suffered a big loss. These are the actual financial risks faced by airline problems. So, How to effectively airlines and financial risk assessment against the corresponding risk is the purpose of this study.I read a lot of references in the literature and airlines on the basis of the annual report data, combined with the last five years of market development of airlines, airlines listed on the four financial risk description, and find the reasons for their emergence, and finally there Listed airlines put forward measures to guard against financial risks.