Merriam-Webster’s dictionary defines pandemic as “an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.”

What this definition does not encompass is how a pandemic not only affects the population on a social level, but also in the world of business — i.e., the stock market, retail, small business, restaurants and infrastructure.

“Infrastructure” brings to mind roads, bridges and energy, but there is so much more to the asset class, and all sectors are being affected by the current COVID-19 pandemic.

Airports and air travel

Many have seen air travel come to a screeching halt. Starting mid-March, and through most of April and May, air travel was restricted primarily to mandatory travel, and even those travelers were asked to keep travel to a minimum. As of late, more people have taken to the skies but with new guidelines, such as wearing masks and protecti