First cases in Europe: industrialised countries at a standstill
When the first cases appeared in Italy and then in the rest of Europe, there was an immediate reaction from the countries who demanded the complete closure of all activities deemed non-essential. Strict lockdown measures were then put in place. Economic activity then stopped and the consumption of the population was limited to the essentials.
Immobilised transport: new demand shock
At the beginning of March, there was another major demand shock. Certain sectors such as commerce, leisure, tourism and trans-port were the first to suffer from the situation. Airlines began cutting commercial flights. With almost 90% of the fleets immobilised on the ground, they were only used in repatria-tion operations or the transport of goods. At the same time, maritime transport came to a standstill and the movements of individuals were limited.