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What happens when COVID-19 restrictions are lifted? Here are 3 sectors to watch

Not to sound pessimistic here but what if we won’t get back to normal? What if we are heading to a new normal?

“I can’t wait for us to get back to normal” is what most people have said ever since the pandemic began. However, no one knows how long the effects of the COVID-19 pandemic will last or when it will completely end. They could estimate the number of months but it could change. This could very well be the beginning of a new era.

Ready or not, this is what to expect:    

1.Aviation

The transport industry, has been the hardest hit. The sectors such as travel and tourism are dependent on the aviaton industry have been met with major upsets due to travel restrictions due to the Coronavirus. The airlines are incurring losses worth millions and have laid off a high number of their workers. For example, Virgin Atlantic owned by both Branson’s Virgin Group and Delta Airlines is doing everything to stay afloat. Once the travel ban is lifted they won’t just go back to work as usual.

Careful preparation needs to be made and assessed to avoid another wave of infections. Innovation in public health safety, technological developments to ease booking and other services are set to be vital in helping the sector get back up on its feet.      

A Boeing 737 flying in the sunset sky

2. Manufacturing

Though cargo flights are still operational, the supply of raw materials does not meet the demand. This is due to the fact that most sectors like textile, motor, electronics depend on imports from China, Europe, and the United States. The local market needs to fill this gap with quality products. Over time, more companies will rely on local productions and improve their distribution system by use of technology.

3. Innovations

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The shortage of masks and ventilators has led to creative inventions. The role of robots will increase in the health sector which will bring down the cost of healthcare. This will also ease the pressure on health care workers and allow them to attend to other pressing issues. The education system will also have to include a home learning program in collaboration with the government, telecom services and digital learning platforms.

What other sectors do you believe will have to re-invest its mode of business post-Coronavirus?

This article was first posted on Fuzu.

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