Study On The Financial Risk Evaluation And Prevention Of D Airlines

The aviation industry is an indispensable part of the national economy and is very important to the economic development of our country.However,airlines’ own asset-heavy operation mode brings higher risks to them.Especially under the impact of the novel coronavirus epidemic,the financial situation of Chinese airlines is more severe.Due to the particularity of airlines,there are great differences compared with other enterprises,so it is necessary to study the financial risk assessment and prevention of airlines.This paper first reviews the domestic and foreign financial risk related research,and then analyzes the financial risk of domestic airlines.This paper takes D Airlines,a representative domestic airline company,as a case study,makes a detailed analysis of its main financial data from2017 to 2021,and finds that its internal financial risks exist in terms of financing,investment,operation and cash flow.The financial risk of D airline company was evaluated and analyzed by using F score model and factor analysis method.Finally,the paper puts forward some risk prevention measures corresponding to financial risk identification and evaluation,including increasing cash reserve,establishing customer reputation evaluation model,and reasonably concentrated development of aviation business,so as to reduce enterprise losses.Through the research,we hope to improve the financial risk management ability of D Airlines and provide reference for other similar enterprises.