Study On Foreign Exchange Risk Management Of Aviation Enterprises

Since August 11,2015,the RMB exchange rate quotation mechanism reform,the RMB exchange rate against the U.S.dollar devaluation trend.Devaluation of the RMB exchange rate is both an opportunity and a challenge for the enterprise.China domestic large airline because there are a large number of foreign currency liabilities,the devaluation of the RMB exchange rate will lead to a large number of foreign exchange losses,eroding the profits of enterprises,so the devaluation of the RMB exchange rate for domestic large airlines will have a negative impact.In order to deal with the adverse effects of the RMB exchange rate depreciation and reduce the foreign exchange risk,the domestic large airlines need to take various measures,such as derivatives,to manage and control the foreign exchange risk.By taking these measures,can reduce the impact of foreign exchange risk on enterprises.Due to the lack of adequate means to deal with foreign exchange risks,NF Airlines has a large amount of foreign exchange losses.In order to reduce the loss of foreign exchange,NF airlines to take measures to reduce the proportion of foreign exchange liabilities.By reduce the proportion of foreign exchange liabilities,NF airlines to reduce the loss of foreign exchange.