Last year has been a period unlike any other as COVID-19 swept across the globe.
Industries that once stood tall were brought to their knees by the economic damage wreaked by the coronavirus, as governments around the world imposed lockdowns and border closures to curb its spread.
As movement was curtailed and people stayed indoors to telecommute and study, sectors such as aviation and land transportation bore the brunt of these measures.
For Singapore Airlines Limited (SGX: C6L), last month’s operating statistics showed a 97% year on year fall in passengers carried.
Land transport giant ComfortDelGro Corporation Limited (SGX: C52), or CDG, recently reported a dismal set of full-year earnings.
There’s good news on the horizon, though.
In one of Israel’s biggest studies to date on the effects of Pfizer’s (NYSE: PFE) COVID-19 vaccine, the country’s healthcare provider reported a 94% drop in symptomatic infections for those who had taken both doses....