What is the hardest hit industry of the COVID-19 Downturn

Today moving into 18th Day of the MCO in Malaysia. The good news in Penang is the new cases reported is down to single digit as of 1 April.

As of yesterday (3rd April) , there is no new cases reported and that is a good relief. Wish that our country new reported cases can down to 2 figure soon.

Since the outbreak of the COVIT-19 early of the year, there are few industries has been hit hard. The COVIT-19 outbreak has turned the economy into mess especially those companies in the travel and entertainment industries were the hardest hit.


1) Airlines Companies:
First hit the hardest is the airlines company, with the city or country lock down, there will be no people movement around. The air travelers air cutting down significantly. Air Asia and Malaysia airlines also taking the same precautious and grounded most of the flights to curb the spread of the virus. The star report is here.

a) Air Asia declines 51% year to date.

b) Malaysia Airport declines 43% year to date.

c) Singapore Airlines declines 41% year to date.

d) Others airlines

2) Entertainment & Tourism industry

Amidst the coronavirus pandemic, the global film industry is facing billions of dollars in losses as theatres are closed and films are postponed. Productions in Hollywood are also badly affected due to restrictions, which left many workers unemployed or forced to work from home. 

Planned concert will not able to go on. Ticket sales impacted and refund is necessary to the fans. On February 28, the hugely popular K-pop group BTS canceled a series of planned concerts in Seoul. The shows were scheduled for April 11 and 12 and April 18 and 19 at Seoul’s Olympic Stadium.

My favourite sport, NBA suspended basketball games indefinitely. I bought the SIA ticket to watch the 2020 Tokyo Olympics with my wife in July. On March 24, following pressure from athletes and multiple nations’ Olympic committees, the International Olympic Committee and Japanese prime minister Shinzo Abe announced that the 2020 Summer Olympics would be postponed, possibly until 2021; on March 30, the dates were set for July 23-August 8, 2021.

This is impacting my travel schedule and need to figure out from Singapore Airlines and requires to cancel all my booked hotels in Tokyo, Japan.

Hotels also suffering from the COVIT-19 due to no travelers, for example, Ipoh's Tower Regency Hotel shutters as Covid-19 proves final nail in coffin

a) Genting Malaysia declines 40% year to date.

b) Genting Berhad declines 39% year to date.

c) The Walt Disney declines 39% year to date.

d) Others companies in the entertainment being hit

I received a below information from social media and would like to upload here just for my future references. It will help me to remind me on this day when I look back sometime later.