O impacto da pandemia no setor aéreo brasileiro: um estudo da empresa Azul S.A. de 2018 a 2022

Abstract

The impacts on the economy caused by the Covid-19 pandemic did not only affect small companies, but the entire economic scenario of the country, including large organizations, the impact reached 50.5% of large companies, with 500 employees or more. Through the information published by the Ministry of Economy (2020), among the sectors that were most affected by the pandemic, the air transport sector stands out among the first. Through the analysis of the financial statements of the organizations, made available quarterly by the airline, it is possible to identify and compare their results, in order to identify the impacts on the development that were caused by Covid-19, considering the period before (2018), during and post pandemic (2022). The company analyzed through indexes is Companhia Aérea Brasileira Azul S.A. The indices start from the accounting statements used by the analyst to investigate the economic and financial situation of an entity. The study is carried out through bibliographical research, to define the indices that will help determine the performance of the company studied and their respective formulas, as well as investigate the calculation of the result of the indices obtained in the Analysis of the Financial Statements of the company Azul S.A. in the years 2018 and 2022 and Management Reports, available on the internet, in order to answer the research question. The Azul company has proven to be a strong company in the Brazilian market, generating jobs and operating in cities in Brazil and abroad. Overall, the company showed a recovery, with significant improvements in capacity, liquidity, revenue and profits compared to the pandemic period, although it has not yet recovered the comfortable situation of 2018.