TURISMO AÉREO E CRISE: OS DESAFIOS ENFRENTADOS PELA AVIAÇÃO COMERCIAL DURANTE COVID-19

Abstract

Aviation is a sector historically marked by sophistication and fragility to crises. In fact, in 2020 the sector suffered its biggest blow: the covid-19 pandemic. For airlines, this crisis represented a sharp drop in their revenues, which entered a scenario of uncertainties. The objective of this work is to evaluate how the sector was impacted by covid-19 and to verify which strategies adopted by airlines were successful and to establish a comparison of how the crisis affected airlines based in developed countries and in emerging countries. For this, an applied and descriptive research is used, which involves document review to collect secondary data. Periodic financial and operational performance reports released by different airlines from different countries are studied. The main results reveal that the most used strategies to contain the damages of the crisis were: the negotiation of payment deadlines, new debt raising, suspension of employees' working hours and even the transformation of passenger planes into cargo planes. It can also be concluded that the economic scenario of the country where the airlines are located interfered in the way they went through the period.