Principais impactos financeiros da COVID-19 na indústria aeronáutica nacional comparados à norte-americana

Abstract

The coronavirus pandemic has brought several restrictions on productive activity to the global economy, resulting in job losses and reduced wealth generation in the most diverse sectors, one of which is air transport, which in 2020 led to a 53% drop in the number of passengers and 29.6% in cargo transport compared to 2019. As a result, travelers went from 93.8 million to 44 million, while cargo was reduced from 400 thousand tons to 282 thousand tons. With that in mind, we sought to understand whether COVID-19 had a more profound impact on the Brazilian industry compared to the North American market. Therefore, a comparative analysis of the financial results of Brazilian and North American companies was conducted based on the indicators published in the financial statements of the analyzed players. In the survey results, evidence was found that suggests that the Brazilian sector is more negatively affected compared to the North American one, by government participation and different economic policies, therefore, it can be said that the Brazilian sector is more vulnerable to the impact of the pandemic in the comparative analysis.