Hawaiian Airlines to Suspend Most Transpacific Flying
Hawaiian Holdings (NASDAQ: HA) said Sunday it would suspend most of its North American and international routes starting Thursday, responding to a state quarantine due to the COVID-19 coronavirus pandemic.
Hawaii Gov. David Ige on March 21 mandated a 14-day quarantine for all travelers coming to the state set to go into effect on March 26.
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"Hawaii is our home and all 7,500 of us at our company care deeply for it," company CEO Peter Ingram said in a statement. "We support the state of Hawaii's efforts to quickly contain this illness."
The suspension of service will sap a significant portion of Hawaiian's revenue generating potential, but the airline was likely not generating a lot of revenue right now from flying its schedule. Hawaiian said it has been flying with its planes about half full, with service to Japan flying with planes only 20% full.
Hawaiian has withdrawn first quarter and full year guidance due to the novel coronavirus, but the airline is expected to be among the hardest hit by a travel slowdown due to its niche route network and reliance on tourism.
The U.S. government is
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