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Study On The Risk Management And Elusion Measures In Aviation Transportation Company

Posted on:2008-06-17Degree:MasterType:Thesis
Country:ChinaCandidate:S L SuFull Text:PDF
GTID:2189360245465278Subject:Rural and Regional Development
Abstract/Summary:PDF Full Text Request
Risk is a possibility of losses happening under certain circumstance in certain period of time. Risk is composed of risk factors, risk accidents and risk losses. In other words, it refers to the distance between our expected goals and the output in the end within a certain time.Aviation transportation company risk mainly consists of systematical risk, business risk, safety risk, finance risk, and banking risk. Systematical risk of aviation Transportation Company is caused by changes of politics, economy, and law. Business risk of aviation transportation company is a kind of uncertainty in running company. The stability of demand, ticket-price, cost of unit change, and the percentage of fixed cost are its main causes. Safety risk of aviation transportation company is that human existing state without being affected by outside harmful elements and guarantee conditions. Finance risk of aviation transportation company is the fund movement in business operation, which includes the risks facing in raising funds, financing, and investment. And banking risk of aviation transportation company is future profits depending on the change of financial conditions.The risk management of aviation transportation company can be carried out by recognizing it, assessing it, protecting and controlling it, setting up a perfect risk preventing system and information network of risk, doing in-time forecast and prevention, making plans to avoid risks in practical situations, and diverting risk. Through controlling risk-unit to reduce comprehensive risk, so as to enlarge profits and avoid risk crisis to the minimum. Risk management mechanism is a key part of company management system. Only by combining it with the basic structure of company and melting in producing activities, and becoming the core part of the company, can risk management work well. Risk management is a treasure which can not only perish the risk but also control and diminish risk which will bring waves to company running. The essence of overall risk management is not abolishing risk, but learning to bear risk reasonablely, bravely, strategically by learning to summarize and practise comparatively practical and scientific risk assessment standard, which is to seize chances, reduce losses, solve crisis, and control the uncertain factors within acceptable range.As world economy globalization and the gradual opening to the world aviation transportation market, our domestic aviation transportation does not only have to take part in the intense competition, but also need to face various risks and trials. How to improve risk-management ability is becoming more and more critical. Through analyzing the latest trends of risk arrangement, considering our domestic aviation transportation conditions and problems, applying relative theories like system dynamics, est. The author made out qualitative and quantitative analysis of these elements which affect aviation transportation risk. On the base of drawing on the advanced experience of foreign aviation transportation company, to meet the purpose of preventing and controlling risk, the author built up a practical and high effective procurement risk management which is able to identify, evaluate, avoid and deal with the probable risk, so as to make sure Chinese aviation transportation to develop harmoniously, smoothly, and healthily.
Keywords/Search Tags:Aviation, transportation association, risk, risk management, processes risk management
PDF Full Text Request
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