Description: Air Canada has ordered 25,000 Covid-19 test kits that may be able to detect the virus in about five minutes. With the airline industry being battered as the virus dissuades passengers from flying, the test kits may offer a way to convince potential customers to take to the sky once again. A quick test may also be useful in persuading government authorities to rethink travel regulation during the pandemic.
Date: October 1, 2020
1) Have you flown since the original Covid-19 shutdown in March? What was your experience like?
2) Has the need to fly to your university campus changed how or where you are studying this year?
3) On pages 9-32 and 33 of Wiley’s Financial Accounting: Tools for Business Decision-Making, we see a comparison of the Return on Assets of both Air Canada and WestJet. What do you think would be happening to this ratio for Air Canada and WestJet in 2020?