What do you think about Longjiang Airlines being auctioned?

Just a few days ago, the People's Court of Heilongjiang released such a piece of information, that is, the auction of 98% of the equity of Longjiang Airlines, which is the main content of this information, and from which we know that Longjiang Airlines only officially flew into the sky for the first time in 2017, and it will change hands in just three years. <>

Now that I know why, I said that this is not something that we ordinary people can participate in, right?

Value. Next, I will show you the value of this Longjiang Airlines ****.

According to the appraisal report, the net assets of Longjiang Airlines **** on August 31, 2019, the book value of 10,000 yuan, the price of all shareholders' equity after the appraisal is 10,000 yuan, and the appraised value is 10,000 yuan, and the appreciation rate is.

According to the announcement, the auction appraisal price is 41,000 yuan, the deposit is 10,000 yuan, and the increase is 500,000 yuan.

Look, this money is a number that I can't think of in my life, so let's talk about how to look at this matter, and guess why such an incident happened, because due to the impact of the epidemic, the revenue of the aviation industry has decreased a lot this year, which has led to a serious contraction of the economy of several ** rights holders, which led to the occurrence of this incident. <>

The reason for the auction.

And according to the investigation of relevant information, we can know that the debt ratio of Longjiang Airlines has reached 10,000 yuan, that is, 10,000 yuan, which also makes those equity owners have to auction these shares, they no longer have enough money to maintain the operation of Longjiang Airlines, and then put this ** right in hand, which will cause serious losses, so in order to avoid these greater economic losses, in fact, it is the most appropriate way to sell the equity. <>

If it can't be run, it will definitely find a way to make up for the existing losses, and the auction is to reduce the losses.

It's normal, if you don't have money, you can't run it, you will auction it, and if you have money, you will buy it, and it is normal for Longjiang Airlines to go bankrupt and auction.

I think it's normal, after all, Longjiang Airlines is bankrupt, and it is reasonable to be auctioned.

Yes, August 28th,The Harbin Intermediate People's Court issued a judicial auction announcement. According to the announcement, the auction target is part of the equity value of Longjiang Airlines' **** shareholders(Harbin Yaxiang Aviation Construction Investment **** holds 61% equity of Longjiang Airlines, and Harbin Xiangyu Gold Products Sales **** holds 37% equity of Longjiang Airlines, a total of 98% equity), from 10 o'clock on September 29, 2020 to 10 o'clock on September 30, 2020.

The appraisal price announced by the court is 10,000 yuan, the starting price is 10,000 yuan, the deposit is 10,000 yuan, and the price increase is 500,000 yuan. All citizens, legal persons and other organizations with full capacity for civil conduct can participate in the bidding.

Under the impact of the epidemic this year, most of the world's enterprises have been affected, and airlines have borne the brunt. Under the epidemic situation, more than 8,000 aircraft around the world have been grounded, more than 30 airlines have gone bankrupt, and Longjiang Airlines, as a private airline, has only five planes in total, although it is not the smallest airline in China, but it is not much worse. Under the impact of such a fierce epidemic, the world's major airlines have suffered heavy losses, let alone Longjiang Airlines, so auction is the best choice.

One of the main reasons for Longjiang Airlines' auction is the impact of the epidemic. As we all know, the epidemic has led to travel restrictions in various countries and regions, and in addition to the online industries such as the Internet, other industries have been greatly impacted, and the worst ones are the physical store industry and the transportation industry. As the main mode of transportation for long-distance travel, airlines are greatly affected, facing the dilemma of having planes but no one sitting, a large number of routes have been canceled, and aviation stocks have also experienced many times.

Secondly, Longjiang Airlines, as a private company established in 2014, has a registered capital of only 800 million yuan, and has only 5 airlines under its umbrella, which is already one of the last few airlines in China. Under the impact of the epidemic, several powerful state-owned airlines have suffered heavy losses, not to mention a private company that has fallen to the bottom line. Therefore, the strength and nature of Longjiang Airlines itself is also a reason for Longjiang Airlines to be auctioned, compared with state-owned enterprises, state-owned enterprises have a strong ability to resist shocks because they are backed by the state, and Longjiang Airlines is only a private enterprise, it is difficult to withstand the epidemic, and it is reasonable to be auctioned.

In general,The main reason for Longjiang Airlines' auction is the impact of the epidemic, large airlines have suffered heavy losses, and small airlines are on the verge of bankruptcy. The secondary reason is that the nature and strength of Longjiang Airlines make it difficult for him to protect himself.

Because Longjiang Airlines has always been in a state of loss, coupled with the epidemic this year, it has been closed for several months, which has become the last straw that breaks the camel's back.

Because of the impact of the epidemic, Longjiang Airlines lost a huge amount of money and was unable to return to the sky, so it was auctioned.

Because Longjiang Airlines' revenue has plummeted under the influence of the epidemic, its operation is not good, and it can no longer continue to operate.

Longjiang Airlines is a private airline in Northeast China, registered in Harbin, initially funded by Harbin Xiangyu gold products sales **** 800 million yuan, accounting for 100% of the registered capital, after several equity adjustments, the auction is part of the equity value of Longjiang Airlines shareholders, including Harbin Yaxiang Aviation Construction Investment **** held 61% equity, Harbin Xiangyu gold products sales **** held 37% equity. The auction of Longjiang Airlines this time is partly due to poor management, partly due to objective factors of the particularity of the civil aviation industry, and partly because of the impact of the new crown pneumonia, which has caused the stagnation of civil aviation transportation, which has had a great impact on many airlines.

1. Poor management.

It's a matter of poor management. Longjiang Airlines was forced to conduct an auction this year due to the impact of the epidemic and the financial deficit due to poor management in the first half of the year.

No. A large part of the reason is that during the epidemic, people were afraid to travel, and there were very few people who took planes, resulting in serious losses.

It shouldn't be, it should be due to the impact of the epidemic, which has led to a reduction in flights, which has led to a decline in turnover.

As a private local airline, Longjiang Airlines will be auctioned off less than 4 years after its official operation, which shocks many people in the industry, but if you think about it, the resources, qualifications, and capital requirements of the civil aviation industry are very high, coupled with high-tech employees such as flight, maintenance, and dispatch, the airline is really not an easy business to do. The auction of Longjiang Airlines will begin at the end of September, and its 98% stake will be auctioned by the court, with a valuation of more than 400 million yuan. This is not a good phenomenon for the civil aviation industry under the epidemic, one after another airlines have fallen, but also brought us deep thinking, Longjiang Airlines was auctioned, the impact on the aviation industry is also great, let us realize a lot of problems.

One is to make the scale of the airline bigger; the second is to strengthen the brand influence of airlines; Third, it is necessary to broaden the industrial scope of airlines.

1. Expand the scale of airlines.

Yes, because Longjiang Airlines was established not long ago, it went bankrupt, and other airlines will take this as a warning, strengthen management, enhance competitiveness, and actively expand business.

There will be no impact. Because Longjiang Airlines is very small, its influence on the aviation industry is limited.

It is a privately owned local airline. Because of poor management, it will be auctioned. This will not have a fundamental impact on the larger landscape of the aviation industry.

In fact, in addition to the upcoming auction of Longjiang Airlines****, earlier, the domestic Okay Airlines also faced an operational crisisLater, it was the intervention of the state-owned enterprises and the Sino-Ocean Group in Hong Kong to get through. For these small and medium-sized aviation companies, under the multiple pressures this year, it is indeed quite difficult to successfully survive, and the aviation industry is a very money-burning industry, with hundreds of millions of expenses at every turn, and I hope these small and medium-sized airlines can hold on, and the future will be better.

Those who can afford it can do it. Citizens, legal persons and other organizations with full capacity for civil conduct can participate in the bidding, that is to say, those who can afford it can participate.

A corporate legal person with the capital to integrate the assets of Longjiang Airlines.

**, Longjiang Airlines was restructured.

Personally, buy a company to take over as the boss.

As long as you have money. Because he has no money and needs money, as long as he gives enough money, anyone can do it. Let's go to the auction together.

Citizens, legal persons and organizations with full legal capacity can participate in the auction, that is, Chinese citizens with full legal capacity, legal representatives of enterprises and some organizations.

Longjiang Airlines is a private airline in Northeast China, registered in Harbin, and its establishment fills the gap that there are no local airlines in Heilongjiang Province. Longjiang Airlines has a total of 3 A320 aircraft and 2 A321 aircraft, all of which are short-haul transportation routes, mainly regional airlines. The destinations of flights are Hefei, Yinchuan, Xiamen, Nanjing, Urumqi and other places, and most of the private airlines focus on cheap air tickets, so Longjiang Airlines' flights still have a certain influence in Harbin.

Harbin-Hefei-Zhuhai is the first route opened by Longjiang Airlines; Later, the Harbin-Lanzhou-Urumqi route was also opened; The latest routes are Harbin-Xiamen and Harbin-Nanjing.

1. Harbin-Hefei-Zhuhai route.

Longjiang Airlines is a local airline in Heilongjiang Province. This Longjiang Airlines operates short-haul routes, mainly regional airlines. The flight destinations include Hefei, Yinchuan, Xiamen, Nanjing, Urumqi, etc., and the routes are Harbin-Hefei-Zhuhai, Harbin-Lanzhou-Urumqi, as well as Harbin-Xiamen and Harbin-Nanjing.

Harbin-Hefei-Zhuhai was Longjiang Airlines' first route, followed by Harbin-Lanzhou-Urumqi; Harbin-Xiamen, Nanjing and other routes. Longjiang Airlines is a local airline in Northeast China, and Longjiang Airlines mainly has short-haul routes.

Longjiang Airlines used to have routes from Harbin to Hefei, Harbin to Nanjing, Harbin to Zhuhai, Harbin to Xiamen, Harbin to Yinchuan, Hefei to Zhuhai and Hefei to Harbin.

Longjiang Airlines will be auctioned, as a private aviation company in Heilongjiang, there have been these routes, Harbin to Nanjing, Xinjiang, Hefei, Yinchuan, Xiamen and other places round-trip routes, international routes are being built, such as Japan, Russia and other countries round-trip routes.

Longjiang Airlines first has Harbin to Hefei and Hefei to Zhuhai routes, and then successively has Harbin to Lanzhou, Lanzhou to Urumqi, Harbin to Xiamen, Nanjing, Harbin to Yinchuan and Harbin direct flights to Chongqing and other places.

Longjiang Airlines used to have routes from Harbin to Hefei and Hefei to Zhuhai, as well as routes from Harbin to Hefei, Zhuhai, Yinchuan, Lanzhou and Urumqi.

Longjiang Airlines is a private airline in Northeast China, Harbin Taiping International Airport is the headquarters of Longjiang Airlines, with Harbin as the hub center, and has successively opened round-trip routes to Hefei, Zhuhai, Nanjing, Zhengzhou, Haikou, Shenzhen, Beijing, Shanghai, Tianjin, Chongqing, Nanning, Xi'an, Yiwu and other cities, based on Harbin to domestic provincial capitals and important city routes, and is committed to building routes to the Russian Far East, building an air bridge with Russia, South Korea, Japan, Europe, America and Australia.

It is estimated that this Longjiang Airlines can no longer operate, so it is better to auction it now, so that you can stop the loss in time and recover some of the losses.

The difficulties faced by the civil aviation industry in this epidemic are unprecedented, because the revenue of civil aviation** is mainly air tickets, so we can only regret this.

It's a pity that all airlines have been hit hard this year, and it's all been difficult.