Hawaiian Airlines Tries to Get Back to Business
The COVID-19 pandemic decimated business for the entire airline industry. However, no U.S. airline was hurt quite so much as Hawaiian Holdings (NASDAQ: HA). In late March, state officials in Hawaii implemented a mandatory 14-day quarantine for all people arriving from outside the state, effectively eliminating the Hawaii tourist market. Meanwhile, stay-at-home orders dramatically reduced air travel within the state.
Starting on Aug. 1, Hawaii will finally offer an option for out-of-state visitors to avoid a 14-day quarantine. As a result, Hawaiian Airlines plans to resume most of its mainland-Hawaii routes over the next several weeks in order to capture pent-up leisure travel demand before the summer travel season ends.
The quarantine and stay-at-home orders implemented in Hawaii earlier this year helped the state avoid a huge COVID-19 outbreak, despite the crowding that is typical of the state's beaches, resorts, malls, restaurants, and other attractions. Hawaii has reported just over 1,000 cases since the pandemic began, and only 1.2% of COVID-19 tests administered in the state have come back positive. Those numbers are far better than most of the country.
Source Fool.com
