Research On Risk Management Of Debt Wage In H Airlines

After 2012,the world economy is still at a low point,but there is a tendency to bottom out during the downturn.Under the general trend of the global economic downturn,the domestic economy is facing increasingly severe challenges and has been hit by many expectations at home and abroad.Affected by the domestic and international economic situation,the domestic and international civil aviation market has shown a local differentiation trend:domestic airlines are mostly in a stable development trend,while foreign civil aviation continues to heat up.In order to strengthen their own strength,they will not be eliminated in the fierce market competition.The airlines have taken measures such as expanding the company's scale,expanding the fleet and adding new routes.These operations usually require a lot of money.In addition to maintaining the normal operations of the company,cash is the mainstay of the company's profitable activities.However,the financing process will also bring certain financial risks to the company.At present,the financing method of China's airlines is mainly debt financing,and its financing risk is mainly debt financing risk.If the airline unreasonably conducts debt financing,or improperly uses and manages debt financing funds,it will generate immeasurable financial risks.This will not only lead to loss of income,but will even cause airlines to fall into financial crisis or bankruptcy.This article takes H Airlines(hereinafter referred to as H Airlines)as an example.Through the comparison of financial data and financial indicators between H Airlines and Air China's 2013-2017,it analyzes the debt financing risks of H Airlines in detail and proposes the corresponding debt financing risk measuresThere are six main parts of the thesis.The first part elaborates the background of the relevant topics,the research process of these issues in China and abroad,and the research methods used in this paper;the second part is the main concepts and basic theory of debt financing itself and its risks;the third part is based on the analysis results of H aviation debt financing to explore H.The fourth part measures the debt financing risk according to the analysis results of the third part of H aviation debt financing.The axle part is a solution and framework for H aviation to suit local conditions.The last part is the conclusion of this study,and the whole thesis is reviewed and concluded.