Análise comparativa dos indicadores de liquidez, estrutura de capital e rentabilidade entre empresas do segmento de transporte aéreo brasileiro considerando o período da pandemia do coronavírus

Abstract

This research presents a qualitative and quantitative comparative analysis of the financial statements of the companies AZUL, GOL, and TAM. The analyses were conducted based on a review of theoretical references, focusing on the impacts caused during the first two years of the global economic crisis triggered by the COVID-19 pandemic and the year marking the end of the pandemic period. The study aims to analyze the financial statements through the financial indicators of the three largest companies in the sector in Brazil, considering the period from 2020 to 2022. The results show that, in 2020, all companies faced challenges due to the drastic decline in the number of flights and passengers, leading to negative impacts on their financial statements. However, in 2022, the companies demonstrated resilience, with a considerable reduction in losses. This research provides insight into the analysis of financial statements and highlights the importance of financial management during economic crises.