Business
Exchange Income Corporation Provides Update in Response to COVID-19 Uncertainty
Exchange Income Corporation Provides Update in Response to COVID-19 Uncertainty Ca...
About this update from Exchange Income Corporation
[{"type":"text","content":"\n\n\n\nExchange Income Corporation Provides Update in Response to COVID-19 Uncertainty\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, March 18, 2020\n\n\n\nWINNIPEG, March 18, 2020 /CNW/ - Exchange Income Corporation (TSX: EIF) (the \"Corporation\" or \"EIC\"), along with the rest of businesses throughout the world, is confronted with managing the impact of the COVID-19 outbreak. We have a responsibility to our employees, customers, and shareholders to take every necessary measure to limit the impact of this virus. This includes ensuring the health and safety of our stakeholders, while being fiscally responsible. Part of that responsibility is to ensure there is adequate communication at all levels of our organization, including to our shareholders.\nFirst and foremost, our organization and every subsidiary has taken significant measures to prevent the spread of the virus and to contain any potential infection. We meticulously follow and where possible exceed the guidance of the appropriate health authorities and best practices as it relates to the prevention and containment of communicable diseases. For our aviation companies, this includes an onboarding screening process, appropriate employee training, increased sanitization, and disinfecting the aircraft after every flight. EIC has the benefit of our collective expertise and resources across all our regional airlines to ensure all appropriate measures are taken. This enables us to provide a level of control and prevention that would not be possible for each individual airline to implement. Throughout all our organizations, we have implemented policies and procedures to minimize the impact of the virus. This includes screening individuals, compartmentalizing and separating our staff, creating redundancy in our infrastructure, limiting building access, sanitizing all operations, and having employees work from home wherever possible. EIC subsidiaries were amongst the first airlines to adopt a preboarding questionnaire as part of our enhanced screening procedure to protect our employees...