The debt ratio of airlines is generally very high. It doesn't matter whether your company is big or small. Delta Air Lines is close to 80%, although it is completely insignificant compared to the 100% debt of real estate companies.
But this also proves from the side that the airline’s ability to resist risks is not high, and the interest alone will cost several hundred million dollars a year.
Of course, high cash flow means that the company has a strong solvency, but how many Delta airlines are there in the world?
Therefore, in terms of operating risks, airlines are much larger than airports. Given the good growth rate of the entire industry, airlines’ return on total assets is not high. Coupled with extremely high interest-bearing debt ratios, once the industry In a slight downturn, the entire industry may face losses, and it is normal for some companies to close down or be merged.
However, the large airports in the core area have low competition pressure, sufficient funds, high yields, no interest-bearing debt or extremely low interest-bearing debt ratio, very high asset quality, and their own special attributes, so it is difficult to collapse. Only the mainland Some small airports in China may suffer losses or close down due to fewer passengers and the impact of high-speed rail.
In short, no matter how you look at it, BAA still has investment value, but the key is that it can only invest and cannot intervene in operations, which makes Yang Cheng very entangled. An investment without the right to speak is a bit tasteless for him!
Even if he can't absolutely control, he has to exert his own influence on BAA, because if he wants to invest, it must be for Delta Airlines, otherwise it is not necessary.
"How many shares does the Spanish Railway Group plan to release? ZF will definitely not be satisfied with less~" Yang Cheng asked.
"A lot, 40%~" William said truthfully.
"Not many. Anyway, it doesn't affect their status as a major shareholder. This number is a bit embarrassing~" Yang Cheng said lightly.
William shrugged, "How about? If you are interested, I will help you to chat with the other party~"
Yang Cheng couldn't laugh or cry, "You are also a prince anyway, addicted to pimping?"
"What? What does this word mean?"
"It's nothing, you can talk about it. If the price is right, you can buy it, but remember, I want a seat on the board of directors, and I need the cooperation of some departments, you know what I mean?"
"Of course, you have real power~"
"Yes, don't worry, the agency fee will be a lot after the matter is completed~"
"Ha~ I still don't believe you?"
. . .
The next day, after Yang Cheng got up in the morning, she was practicing on the balcony with a beautiful yoga teacher. The blue sea in the distance, the grass grows in the distance, the spring makes people forget the laziness of winter, he has no idea of becoming immortal. It was just to complete the task assigned to him by Luo Yue.
In Luo Yue's words, the big wedding is approaching, one must maintain a perfect posture. Between ironing and yoga, Yang Cheng wisely chose yoga.
He feels that his muscles are enough, there is no need to go to the gym to eat protein to gain muscle.
While practicing, old Carson hurriedly walked over and whispered, "Master~"
Yang Cheng knew that if it wasn't an emergency, Carson wouldn't bother him at this time, and said apologetically to the yoga teacher, "Sorry teacher, let's stop here today, I have some urgent things to deal with~"
Facing students like Yang Cheng, no matter how awesome the teacher is, I'm afraid he can't put on airs.
Put down the blond hair and smiled slightly, "Mr. Yang, after you finish, you can stick to the rest of the action, then, we will see you tomorrow~"
"Okay, I will stick to it, see the teacher tomorrow~"
Old Carson also gave a respectful smile, and at the same time invited a maid to personally send the teacher out.
"What's the matter?" Yang Cheng wiped his sweat with a towel.
"The American who contacted Recosta has appeared again~"
Yang Cheng stopped wiping the towel, "Keeping up?"
"Keep up, do you want to catch it back?"
Yang Cheng snorted coldly, "Catch it back, I want to see who caused the ghost~"
Old Carson took out the phone and called without saying anything. Only two hours later, the bodyguards hijacked a fainted man into the basement room through the side door.
Seeing Yang Cheng frowning and waiting, the bodyguard said, "We were worried about attracting the attention of others, so we used drugs~"
Yang Cheng was stunned. He probably misunderstood his expression, but he didn't explain it either. He smiled and nodded, "Good job, tie people up and wake you up and you can rest. Remember to keep it secret~"
"It's the boss~"
These bodyguards are all good players in the military and have actual combat experience. Kidnapping is also professional.
At this time, Hansen came in from the door, glanced at the fainted person, and said confidently, "This person has received professional training!"
Yang Cheng was startled, "What do you mean?"
He actually wanted to ask if professional training is not normal?
Hansen shook his head, "I mean, his training should be different from ours, look at his palm~"
Yang Cheng followed Hansen's fingers and looked at it, but she didn't see any difference, her face was blank~
Hansen stretched out his palm. "By comparison, you can see that his palm is very thin and does not have thick calluses. This means that he does not have many opportunities to hold a gun, and there is no special training for gun use.
If he came from the army, his level must be unqualified, and he is a defective product. "
Yang Cheng understood a little, "You mean that he may have received professional military training, but he has a bias in subjects, such as spying?"
Hansen nodded and said, "Yes, look at his appearance, whether it is the whole or the details, it is the same as the most ordinary citizen. This shows that he did a good job of disguising subjects~"
Yang Cheng smiled, "Are you a brother in disguise to praise yourself again? Can you be discovered if you pretend to be so good?"
"No, no, I'm telling the truth. It was discovered that he had contact with Costa. Although it was a bit risky to do so, I can't figure out why he came into contact with an abandoned pawn, but since he made a mistake, he must have The consciousness of being caught~"
While the two were chatting, the man who was firmly tied to the chair slowly opened his eyes.
After his consciousness slowly recovered, with his professional qualities, he began to look around the space he was in and check his own state.
Of course, all this is done in a few seconds.
Yang Cheng said, "Don't look, you can't get out~"
The man saw Yang Cheng's face clearly. Obviously he was very familiar with this face and grinned, "I bet you, I will definitely be able to go out, you have to send me out yourself~
You are a rich man, I am a soldier, and I don’t have much money, what about betting 100 dollars? "
Yang Cheng thinks this person is very interesting, and he has fallen to this point, and he can bet with himself so calmly and entertainingly.
"It's okay, bet, but can you tell me where your confidence lies?"
The man thought for a while, didn't answer directly, and asked, "How long has it been since I was caught?"
Hansen glanced at the watch on his hand, "It is 10 minutes and two hours away~"
The man murmured a few words, "Quickly, you will soon receive a call from a hidden number, so feel free to answer."
This man made it so mysterious, Yang Cheng was vague, did he catch a big man?
Hansen whispered in Yang Cheng's ear, "He may be from C~I~A~"
C~I~A? No wonder this person is confident. If he is a C~I~A person, Yang Cheng is really not moving.
He knows that C~I~A often engages in small moves overseas, but what's the matter if it's on himself?
Wait, won't it be because of the land acquisition in Thailand that you are retaliating against yourself again?
In an instant, countless thoughts flashed in Yang Cheng's mind. Of course, it was more anger. Who would feel comfortable being caught?
The man looks mediocre, but his eyeballs are exceptionally agile. After such a while, I don't know how many times the eyeballs have turned.
"Well, now that I know who I am, can you get me some water? The drugs you use are so bad that I am very thirsty~"
Yang Orange laughed angrily when he saw that he did not know the so-called death, "Are you really afraid that I would kill you in anger?"
The man shook his head, "Don't be afraid, you definitely want to figure out why we contacted Recosta, and you don't need to be on the C~I~A blacklist for a small role for me~"
Yang Cheng sarcastically said, "You are clear about it~"
The man shook his head, "What I'm telling you is the truth, Mr. Yang, you are a young talent who is out there, and a successful entrepreneur, but in the eyes of C~I~A..."
He didn't finish, and he saved Yang Cheng's face, but Yang Cheng knew that, didn't he just want to say that he fart in the eyes of violent agencies?
This is not bad to accept. Yang Cheng's mentality is very upright, never to feel that he can fight against a country, and is still one of the most powerful countries in the world so far.
"After talking for so long, I still don't know what your name is?" Yang Cheng asked calmly.
As a result, the man said coldly, "I have hundreds of fake names, which one do you want to know?"
In other words, what is his name important!
Yes, it seems that the other party is also considered a senior agent, otherwise he would not be responsible for Yang Cheng’s case. Although the most powerful and tycoons are just like white paper in front of violent agencies, this does not mean that C~I~A can be casual. Send a rookie to respond.
Yang Cheng pondered it for a while, "For another question, why did you come into contact with Recosta, and even use a third party to cut him off?
After he was abolished, why did you risk contacting him at UU reading ? "
The man smiled, "Mr. Yang, these are three questions~"
Yang Cheng stretched out his hand, "Then you answer these three questions, you see, no matter when your people call me, you are now my prisoner, don't you deny that?
That being the case, answering my few questions is reasonable, and your boss will not blame you.
After all, I dare not kill you, but I can cause permanent damage to you. Look at the one next to me? When you studied me, you should have studied him too? Then you should know that he has the ability to turn my words into reality. "
The man shivered, "shit, or you rich people who cannibalize people without spitting out bones!
Of course I know this gentleman, Hansen, right?
The ace captain of the Delta Force, your departure is the biggest regret of the Delta Force so far~"
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