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BRIEF-Exchange Income Corporation Provides Update In Response To COVID-19 Uncertainty

Published 2020-03-18, 10:26 a/m
BRIEF-Exchange Income Corporation Provides Update In Response To COVID-19 Uncertainty
EIF
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March 18 (Reuters) - Exchange Income Corp EIF.TO :

* EXCHANGE INCOME CORPORATION PROVIDES UPDATE IN RESPONSE TO COVID-19 UNCERTAINTY

* EXCHANGE INCOME CORP - WE ARE WITHDRAWING GUIDANCE FOR 2020

* EXCHANGE INCOME CORP - DO NOT HAVE INTERNATIONAL FLIGHTS AND THEREFORE ARE NOT IMPACTED BY TRAVEL BANS THAT HAVE BEEN IMPOSED

* EXCHANGE INCOME - DON'T EXPECT TO SEE SIGNIFICANT IMPACT ON MARITIME SURVEILLANCE OPERATIONS & ITS QUITE LIKELY THAT DEMAND WILL RISE FOR MEDEVAC OPERATIONS

* EXCHANGE INCOME - EXPECT TO SEE LOWER DEMAND AS COMMUNITIES SEEK TO CONTROL PASSENGER FLOW INTO THEIR COMMUNITIES

* EXCHANGE INCOME CORP - WELL CAPITALIZED AND CURRENTLY HAS ACCESS TO OVER $800 MILLION IN AVAILABLE CAPITAL

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