Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)

Research on Financial Performance of Chinese Airline Companies -Based on factor analysis

Authors
Jiakang Wang
Corresponding Author
Jiakang Wang
Available Online October 2017.
DOI
https://doi.org/10.2991/icesem-17.2017.34How to use a DOI?
Keywords
Airline companies; Financial strategy; Factor analysis; Performance evaluation
Abstract
In China's social, economic activities and the dual drive of reform and opening up, China's middle class has been expanding rapidly. The air travel demand of Chinese middle class has driven the development of China's aviation industry rapidly. And China has become a world aviation giant next only to the United States. The article analyzes financial performance of Chinese airline companies with the methods of factor analysis. The methods gives preparative study and synthetic analysis through macro and micro views. Studies have shown that the development of Chinese airlines is imbalance on the whole. In particular, transport aviation companies developed better than the general aviation companies. But every aviation company has some unique problems. There is further room for improvement. The conclusions reached in this article not only pointed out the direction of China's airline companies for the future development but also provided references of aviation development for our government.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Jiakang Wang
PY  - 2017/10
DA  - 2017/10
TI  - Research on Financial Performance of Chinese Airline Companies -Based on factor analysis
BT  - Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)
PB  - Atlantis Press
SP  - 146
EP  - 150
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-17.2017.34
DO  - https://doi.org/10.2991/icesem-17.2017.34
ID  - Wang2017/10
ER  -