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While almost all businesses across the globe are struggling in the midst of a COVID-19 crisis. Attention should now be placed on companies that have the balance sheet to make it through this slowdown. Air Canada (ACDVF) is one of the first companies to announce major layoffs to keep its business viable.
But I'm not sure if this is enough to stave off a cash squeeze. The airline has closed off most of its passenger business leaving very few avenues for money to flow in. Even though 2019 was a successful year for