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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

Post by allbeefhookedon Sep 09, 2020 8:56pm
318 Views
Post# 31531237

Saliva-based coronavirus tests come to market

Saliva-based coronavirus tests come to marketThe following are excerpts from an article in today's Financial Times


Two UK companies target businesses seeking to rapid tests for employees


Two UK companies will on Thursday launch rapid saliva-based tests for Covid-19, amid growing calls for more testing capacity in Britain as employees head back to their offices and students return to school.

British tech company iAbra has developed a test that uses a mouth swab to extract saliva which is then analysed to identify the virus. The results are delivered in just 20 seconds, the company says.
 
The test has been trialled at London’s Heathrow airport, which is one of the group’s first customers. A division of US defence company Lockheed Martin is another, and iAbra said it is in talks with other multinationals.
 
 “Testing for Covid-19 is the lifeline that the UK economy needs to get back on its feet,” said John Holland Kaye, Heathrow’s chief executive, adding that iAbra’s test is “quicker, cheaper and potentially more accurate” than the government’s conventional swab test. 
 
 “We urge the government to fasttrack this technology to protect the economy and help save millions of jobs in this country,” he added.
 
As more employees return to work, and students flock back to universities, epidemiologists have underscored the need for robust and widescale testing to screen for infection and prevent local outbreaks.
 
While the government undertakes large trials of several rapid Covid-19 tests, some companies have swept in to meet private demand for scalable testing systems that do not require professional medical administration.
 
British biotech company Halo will launch a saliva test which it says provides results within 24 hours. Clients can take the test at home by spitting into a tube, and sending the sample off for processing at the company’s lab at Imperial College London.
 
The group’s first customer is Exeter University which has bought tens of thousands of tests, and Halo said it is in talks with an unnamed hedge fund and a major international airline
 
“Saliva is much less intrusive, has a lower impact on the environment and is less labour intensive than other tests,” said Jonathan Biles, Halo’s chief executive. “Our tests are very, very sensitive. We think we’ve got something that’s game-changing.”
 
Mr Biles said the test, which purifies the genetic material from saliva and uses polymerase chain reaction to detect the virus in a lab, is close to 100 per cent accurate.
 
With iAbra’s Virolens test, a digital camera attached to a microscope is used to analyse saliva samples, with the data then run through a computer. Each digital camera machine can process several hundreds of tests per day, the company said.
 
 iAbra said the cost of the machine that processes the data is less than $20,000, with each testing kit equivalent to “roughly the price of a paperback book”.
 
Studies conducted by the University of Bristol found that the test had 99.8 per cent sensitivity, identifying all real cases and avoiding false negatives.
 
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