The Financial Times has analyzed the probability of survival in the coronavirus era for various sectors of the world economy, identifying a number of areas that possess – and do not possess – the necessary “antibodies”.

According to the FT report, technology and Internet giants such as Facebook, Amazon, Microsoft and Google are resilient to the pressure of the pandemic. In its conditions, they provide people with more ordinary opportunities for socialization and online shopping and generally contribute to the continuation of daily life, work and communication.
Here the publication also calls the streaming services, which manage to maintain the interest of the public and offer popular entertainment.
The growth of online purchases leads to the rise of logistics and transportation industries.
And, of course, the pharmaceutical industry will not be left in stock – for obvious reasons.

The list of vulnerable industries, of course, is headed by tourism – on the example of Cyprus, the damage can be called unprecedented: the decline in tourist flow and loss of income exceeds 80% compared to last year.
It is also bad in air transport, an area directly related to tourism: air fleet downtime since the beginning of the pandemic has reached 90%.
Catering and entertainment facilities at risk: a World Bank study recorded a decline in demand for restaurants and hotels in countries affected by the pandemic, from 67% to 79%.

The publication notes that under the influence of coronavirus, as well as several other factors such as global warming, the structure and principles of consumption are likely to change. Consumers will be much more attentive to how, where and how much they spend. Among companies, the most at risk are those that produce products or services that are not urgently needed to use or buy. Examples include “life-saving” medicines such as Viagra or business air travel, which will be replaced by teleconferencing and distance travel. Hotels can be repurposed by offering their rooms as remote workplaces.