No, this is a physics game.
"Air punches that give you momentum" such as in Marvel Spider-Man games break the laws of physics.
So do games that allow you to "double jump". Double jumping is absurd, and physically impossible. Slowing the gravitational pull when your character does a "uppercut airpunch", or actually reversing gravity and making your character go up more, completely defies any sense of physics, whether in-game or otherwise.
Gang Beasts would never do this, and this game is a spiritual successor to that game.