Optimization Research Of Asset Liability Ratio About China Airlines

With the "State Council several opinions on promoting the development of civil aviationindustry" formally published in July8,2012, is one of the most important milepost history of thedevelopment of civil aviation industry. The direction is not only for the present and future development of civil aviation,with far-reaching influence power, to promote the development of civil aviation industry, but also the civil aviation industry is faced with hitherto unknown opportunitiesand challenges. Then, as the source of civil aviation industry, airlines, how can we have enough strength and the ability to occupy a space for one person in the international competition, howto get rid of restriction of capital and debt defect predicament, how to solve the balance Airlines h-igh defect rate of our country, the optimal balance of our country airline rate, reduce the cost ofdebt, become an important issue to be solved in China airlines.In this paper, by making full use of domestic and foreign assets and liabilities rate premise o-f the research results, focusing on China’s aviation company assets and liabilities rate optimization method. First introduces the basic rate of assets and liabilities, and analyzes the important fact-ors that affect the capital structure, the rate of assets and liabilities of the optimal cost, market va-lue maximum, cost and risk minimum. Aiming at the practical problems of high asset liabilityratio of China Airlines, analyzes the status of China’s airlines, focuses on the analysis of fourbig airline balance sheets, study each element of debt.Then according to the assumption that theestablishment of the mathematical model of optimal asset liability ratio,asset liability datapublished by four major airlines in recent years as the basis, analysis of ass-et liability ratio optimizationresults, find out the internal and external factors influence; finally, existing problems, from the ex-ternal policy, company management and corporate financing in three aspects of optimizing aviati-on company assets and liabilities rate rationalization proposals.Overall, the comprehensive study on the balance sheets of China Airlines, summed up thefactors which influence the balance of the airline, analyzes the capital structure of Chinese airline-s problems, puts forward suggestions and measures to optimize the rate of assets and liabilitiesis scientific and reasonable, provides the theory basis for Chinese airlines capital operation,finan-cial management. The research results of this paper: the first is the comprehensive analysisof the factors affecting the airline’s assets and liabilities rate of two, is creatively airlines shouldpay attention to in the capital operation and financial management problems and to optimize the rate of assets and liabilities.