黄花机场飞行区东扩项目融资策略研究

发布时间：2018-02-23 16:24

本文关键词： 黄花机场飞行区东扩项目融资策略　出处：《湖南大学》2013年硕士论文　论文类型：学位论文

【摘要】：长沙黄花机场是我国重要的干线机场，是地区经济发展的重要组成部分，长沙地区是国内空中交通繁忙地区之一，其地理位置以及城市的日趋繁荣使航空运输的重要性愈显突出。黄花机场的主要干线机场向区域性重要机场地位转变的目标，已成为湖南省和中部地区，乃至国家发展的重大战略。作为公益性强的机场企业，其作用主要是带动地方经济的发展，促进地方财政的收入。在对国民经济做出巨大贡献的同时，其自身的财务状况却是亏损的。随着黄花机场业务量的快速增长，机场目前的设施规模日趋饱和，逐渐不能满足业务量的要求。飞行区跑道及空管工程东扩项目，可以有效解决飞行区容量渐显不足的发展需求，，而这次扩建项目所需要筹备的庞大资金，使机场融资成为关键的举措。如何采用有效的融资模式，通过多途径筹集资金，来推动机场持续、健康发展，成为需要研究的重要课题。论文在对国外、国内机场的融资方式进行总结阐述和对主要融资方式进行分析的基础上，提出黄花机场需要多元化的融资方式。通过“机场行业特征分析—一般机场融资主要模式分类—黄花机场扩建项目融资选择—黄花机场融资新思路分析”的逻辑框架展开全篇论文。论文首先对机场企业的构成特点、机场的类型进行分析，并对机场的三大属性即公共产品属性、自然垄断属性、基础产业属性进行研究。然后总结国内一般机场的融资模式，结合黄花机场现阶段的扩建项目，分析其现有融资方式的局限性，并立足黄花机场的长远发展，对其以后的项目融资之路提出新的思路。黄花机场在本期及以后改扩建项目中应当结合自身实际，考虑国家政策，采用多元化的融资方式：坚持以政府为主体的多元化融资方向，按民航基金融资、地方政府融资、政策性银行贷款、机场企业自筹（内源融资）、湖南机场管理集团内部资金灵活调配、引进国外资本以及引进战略投资者。多元化融资方式已成为黄花机场改扩建顺利实现的重要方向。
[Abstract]:Changsha Huanghua Airport is an important trunk airport in China and an important part of regional economic development. Changsha is one of the areas with heavy air traffic in China. Its geographical location and the increasing prosperity of cities make the importance of air transportation more prominent. The transformation of the main trunk airports of Huanghua Airport to the status of important regional airports has become the goal of Hunan Province and the central region. As an airport enterprise with strong public welfare, its function is mainly to promote the development of local economy and promote the revenue of local finance. At the same time, it has made a great contribution to the national economy. With the rapid growth of the business volume of Huanghua Airport, the airport's current facilities are becoming more and more saturated, and they are gradually unable to meet the requirements of the volume of business. It can effectively solve the development needs of the growing capacity of the flying area, and the huge amount of funds needed to prepare for this expansion project makes airport financing a key move. How to use an effective financing model to raise funds through multiple channels, To promote the sustained and healthy development of the airport has become an important subject to be studied. On the basis of summing up and expounding the financing methods of foreign and domestic airports and analyzing the main financing methods, The paper puts forward that Huanghua airport needs diversified financing methods. The logic of "analysis of airport industry characteristics-classification of main modes of general airport financing-selection of Huanghua airport extension project financing-analysis of new ideas of Huanghua airport financing" First of all, the paper discusses the characteristics of the airport enterprises. The types of airports are analyzed, and the three attributes of airports, that is, the attributes of public goods, natural monopoly and basic industries, are studied. Then the financing mode of domestic general airports is summarized, and combined with the expansion project of Huanghua Airport at the present stage, This paper analyzes the limitations of the existing financing methods, and puts forward new ideas on the way of project financing in the future based on the long-term development of Huanghua Airport. Adopt diversified financing way: adhere to the direction of diversified financing with the government as the main body, financing according to the civil aviation fund, local government financing, policy bank loan, Self-financing of airport enterprises (internal financing, flexible allocation of funds within Hunan Airport Management Group, introduction of foreign capital and introduction of strategic investors) has become an important direction for the successful implementation of the reconstruction and expansion of Huanghua Airport.
【学位授予单位】：湖南大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F562.3

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