Hawaiian Airlines: Relief May Finally Be on the Way
While 2020 has been an awful year for every major airline, it has been especially bad for Hawaiian Holdings (NASDAQ: HA). In late March, the Hawaii state government countered the threat of the COVID-19 pandemic by imposing a 14-day mandatory quarantine on everyone arriving in the state. Naturally, this obliterated tourist demand: Hawaiian Airlines' main source of traffic.
Hawaii now plans to relax the quarantine in mid-October for travelers who test negative for COVID-19 shortly before arriving in the state. This could finally enable demand to return to a meaningful level in the months ahead.
Three months ago, the state of Hawaii announced that it would start allowing travelers to skip the 14-day quarantine if they got tested for COVID-19 within 72 hours of departure and received a negative result from a certified lab. Hawaiian Airlines quickly made plans to resume service on most of its North America routes in August to capitalize on leisure travel demand in the last month of the summer travel season.
Source Fool.com
