Analysis on the Cross-Border Merger and Acquisition of Civil Aviation Enterprises in China in the Era of Post——Crisis: A Case Study of Hainan Airlines
以海南航空为例，分析了后危机时代中国民航企业参与国际竞争、通过跨境并购加速航空自由化进程的经济与空间可能性。
The trend of mergers and acquisitions in the era of post-crisis is a good opportunity to take part in the international civil aviation competition to free speed up the process of aviation liberalization developing.In this article,economic analysis and spatial analysis of civil aviation enterprises and its possibility of cross-border merger and acquisition were studied with the case study of Hainan airlines who is the fourth largest aviation group in China.The results indicated that: as the only civil aviation enterprises of Hainan province where is the only aviation liberalization region in China,Hainan airlines can lock its target market in the United States,the Europe and the Asia-Pacific region,and explore its developing mode of cross-border merger and acquisition by its existing market status in the international aviation market and its strength of the fourth largest aviation group in China,with the help of merger and acquisition experience in its low cost expansion mode and its diversification strategy.