CECCAR Business Review (Jan 2023)
Determining the Impact of COVID-19 on an Airline Entity Through Financial Analysis
Abstract
In the national and international economy, the COVID-19 pandemic generated a strong reversal of the situation, for some economic sectors causing numerous blockages, and for others creating a “perfect environment” for development. The field of activity, the size, the flexibility and the adaptability of the companies are the main factors that made a difference in the level of the impact of the COVID-19 crisis on their financial statements.
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