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in operation in a manner that assures the protection of passengers and workers against the COVID19, but also to keep revenue losses as low possible in this exceptional situation. custom name anatomy of a pew full over printed shirt In Phase 4, the main focus is on preventing a resurgence of the epidemic through Improve measures, while at the same time enabling an economic upturn. The crisis follows these phases with varying degrees of severity of the measures used in the areas of health, public safety and transport – illustrated here by the example of Beijing and Singapore. In Shenzhen, it is required to reduce occupancy of public transport vehicles to a maximum of 50 percent. South Korea introduced a ‘Social Distancing’ campaign, asking people to refrain from social activities and public gathering outdoor.

Even though not yet to be finally assessed, the economic impact of the virus outbreak in the public transport and shared mobility sector (e.g. ride-hailing, ride-pooling, scooter-sharing) is most likely severe. As public transport is directly linked to economic development and dependent of fares and subsidies, loss of revenue is most likely inevitable. Besides the loss of revenue, higher costs for frequent cleaning of vehicles and facilities or increased train frequency over a longer period of time can put additional financial burdens on public transport companies. Shared mobility service providers such as Uber, Lyft, Ola, Grab or Didi Chuxing are suffering economic losses from plummeting demand leading to increasing financial pressure and risks for the so-called gig-economy workers and in particular drivers. Footnote It should be emphasized that a one percent decrease in profits represents a one percent decrease in profits, not in profit rate. Footnote Under the simplified criteria of the final rule,