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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

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Comment by allbeefhookedon Jul 16, 2020 4:33pm
173 Views
Post# 31278114

RE:RE:RE:Air Canada Proposes Science-Based Approach to Easing

RE:RE:RE:Air Canada Proposes Science-Based Approach to Easing  
I'm sorry to say Canada has no resource to implement the so called "science-based" approach as it requires strong contact tracing and testing capabilities
 
 

A key element in any contact tracing and testing program is not to overwhelm the system.  Unfortunately, a few states in the U.S. have so many cases that effective contact tracing/testing cannot be done. 
 
Los Angeles County
 
Los Angeles county alone has more Covid-19 cases than 44 entire states, and Latinos make up about 55% of cases.  Latinos in California are twice as likely to acquire Covid-19 as white residents, and the average age of California Latinos who have been infected is much younger than other groups.  Across the United States, Latinos represent 19% of the population but account for 1/3 of all cases.
 
 
One benchmark for a safe re-opening is positive Covid-19 tests below 5 percent.  Canada is currently at 3 percent, well below that benchmark.   All provinces have a robust enough contact tracing system in place - and they are improving weekly – to effectively manage contact tracing and testing.


 
As a result, for the sake of the whole nation, a blanket approach is the cheapest and easiest to implement. 
 

 
Incident Mortality Rates Continue to Fall
 
The Economist, July 4:  Treatments have improved, thanks to research and dealing with patients. Although mass vaccination is still months away at best, the first therapies are available. More is known about how to manage the disease—don’t rush to put people on respirators, do give them oxygen early. Better treatment helps explain why the share of hospital patients who went on to be admitted to intensive care fell in Britain from 12 percent at the end of March to 4 percent in mid to late May.
 
(Doctors are also prescribing anticoagulation drugs as many patients were dying of blood clots.)

 
Latest U.S. Covid-19 Statistics
 
Peak hospitalizations in the U.S. occurred on April 15 at just over 59,000, then bottomed out on Jun 15 at about 28,000 before increasing to current levels.
 
The table below compares two dates when hospitalizations were similar.  Improved treatments and younger average age continue to drive down the mortality rate. (It is estimated that about 40 percent of the population will be asymptomatic after acquiring Covid-19.)
 
 
                                                                   May 1            July 13

Daily Confirmed Cases                              36,161           65,921

Actual Cases
-       10 x  (CDC estimate in June)           361,610
-       12 x  (updated Gottlieb estimate)                          791,000

Hospitalizations                                          53,121          53,921
ICU                                                             12,845            6,061
On Ventilators                                              4,707            2,259
Deaths                                                         1,753               464
 
Note:    There is about a two week lag between confirmed cases and deaths, so expect deaths to edge higher before declining again as cases peak and begin to fall in the next month or two, just as it did in NYC a few months ago.  Many credible scientists believe the actual number of infected could be as much as 54 times higher than confirmed cases.
 
 
Air Canada can scream from the bottom of its lung but I don't think the Canadian Government wants to risk the collapse of our health care system just to make the airline happy.

 
I wouldn’t put too much faith in our Federal Govt/Health officials
 

Globe and Mail comments in April

As recently as late January, federal officials, including Dr. Tam, said the threat of a major outbreak in Canada was very low, that measures such as travel restrictions weren’t needed, and that the risk of the virus being spread by people without symptoms was highly unlikely.
 
As late as March 6, Canadian health officials were saying the risk posed by Covid-19 in this country remained low.

 
Seems the Federal Gov't was wingin' it back then, just as they are now.  I’ll take the scientific-based approach anyday.
 
 
 
 
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