In 8 months (2020), air passenger-kms fell by 80% (since 2019) & revenue by 95% for 11 EU companies (2nd quarter 2020) source: IATA); 4 EU airlines lost ?2.2b in 6 months (2020); industry reduced its working posts by 900,000 (Feb.-Sept. 2020); touristic period shrunk to 40 days (2020) for airlines; Airplanes became … restaurants & bars on earth…&… deliver (airplane) food… to homes (Singapore) (Oct. 2020) (source: IATA).

Car manufacturers lost 20% of their 2019 demand

It led people to hoard43 (2020); exhibitions & conferences suspended; Germany used to attract 410m visitors p.a. 2nd in globe (after USA); up to 180 national & international exhibitions with ?4.5b worth of business

Reduced seaborne trade by 1b tons according to Clarkson’s, or about 11% (May 2020); about 6% is expected for 2020… Seaborne trade was over 9 b tons in 2019; other estimations stated that trade rose about 5% in July, while EU achieved 6% rise in its exports & 4% in its imports; USA achieved 11% in both; China achieved 9.5% rise in its exports… (internet); WTO estimated trade to fall by 9.2%; 14.3% less trade (2020 2nd q.); Europe −24% in exports and ~−22% in N. America

Reduced global population by 1.5 m; & those recovered from COVID-19 may not be free from further complications

Reduced demand for oil due to lock-downs; excess oil stored urgently in tankers, among others; a price-war between S. Arabia & Russia led to excess production; this led oil prices down (Spring 2020); the price of oil from Schist also dropped; Exxon exited the S&P 500 (end-August 2020), & from Dow Jones, while in 2009 held the 1st position in capitalization (12th in 2019), followed by Chevron in the 11th position

Reduced investments by tourist industry; tourism in Greece used to provide 20% of GDP and to serve 30 m tourists (2019) against 6 m estimated (2020); all athletic endeavors suspended & Olympic Games in Tokyo for 2020 postponed;

Retail sales fell by 27% - 30% in 7 months (2020) in Greece; less ?5b; big super markets lost 50% of their sales; less sales in cash & carry by 9.5% (Feb.-May 2020); restaurants, taverns, bars, hotels remained closed or had reduced hours, allowing distances between tables; cinemas, theaters, parades etc. were suspended in March and Nov. 2020

Fall in GDP in 22 economies44 from 1% (Taiwan) to 13% (Philippines) from 2019 to 2025 (IMF); USA GDP −30%; EU −4.4% (World Bank); 6 m people at the poverty limit

Women and low - paid - workers working in services hit more hardly in USA (Fed. Res.); 20 m lost their jobs; ~8% unemployment

Global economies spent $12tr. for the Pandemic (IMF); rise in the demand of pharmaceutical & medical supplies

In USA: 38,000 hotels closed-up (11/10/2020); 850,000 small firms closed (Womply platform.); 1.6 m hotel personnel unemployed; 36,000 chain-shops will be closed (like gyms, face beauty institutions, etc.); 216,000 less civil servants (USA)