This blog is my reply to a reader's question on ComfortDelgro. My reply: All types of public transportation businesses are under immense pressure from the crisis created by the COVID-19 pandemic. The worst hit sub sector is, of course, the airlines as they are heavily leveraged and have enormous CAPEX and OPEX. The airlines can also be considered less essential compared to land transport businesses. So, I am reasonably comfortable with holding on to my investment in ComfortDelgro which isn't bleeding as compared to an airline like SIA, for example. After all, ComfortDelgro is operating essential public transportation businesses and, of course, also VICOM. Having said this, until a safe and effective vaccine for COVID-19 becomes widely available, we will not see such businesses recovering to pre COVID-19 levels anytime soon as people should be avoiding crowded places as much as possible....