Tthe Risk Management Of Financial Services Aviation Fuel Hedging Project

With the deepening of economic integration, the contribution of the financial services industry to the economy is more and more important. According to the relevant date shows:the economic contribution rate of financial is26%in Singapore, in Hongkong the rate is between22%to25%, but there is only7%in Chinese mainland. And now the financial service projects has played a more and more important role in economic development. At the same time the finanacial service industry provide a hedging tool for enterprise, just as foreign exchang trading, it can make the enterprise avoid losse which is caused by the changes in change rate. Viation fuel option allows airlines to reduce losses.And so on. Although the financial services industry has brought a lot of benefit, these is still risk in the transaction process which we can not ignor. So It is increasingly attached importance to risk management. The financial crisis in2008has not restored. Even a few country have had to declare bankruptcy from it. As a result, now almost enterprise pay more and more attention to the risk management.Due to the development of the financial market turmoil and the outbreak of the economic crisis, all the enterprises and government have increased the risk of awareness. however, the current development of China’s financial service project risk management is not satisfactory. There are still many problems in practical operation, the theory of the financial service project risk management needs to be deepened. project management often apply to the engineering project, and financial project risk management study often in economics perspective. This study attempts to use the methods of project management apply to financial services project risk management, This paper study the risk management mode for Chinese Enterprises, In order to Eastern Airlines jet fuel hedging losses for the case.As the foundation of the whole research, this reserch firstly, based on literature review and theoretical research, review the summary of basic theory of risk management and related articles. This paper based on the current development situation of China’s financial services project risk management theory to find an effective method of risk control. analysising of the financial services of its own characteristics, analysising the mechanism and cause of the risk.The reserch ues the theory of project management to analyze the factors of financial services risk, characteristics and principles of management of financial risk, constructs the defensive system on risk of financial innovation. To hedge risk control project as an example, introduces the various aspects of the case background and risk management, analyzes the financial risk management of project examples from the perspective of.