Hawaiian Airlines prepares to shrink as COVID-19 surges
Hawaiian Airlines has had the majority of its operations shuttered since late Mar-2020, since the COVID-19 pandemic forced Hawaii to institute 14-day quarantines for anyone entering the state. The airline’s long haul routes have also been idle due to travel restrictions.
During 3Q2020 Hawaiian plans to operate just 15% of the capacity it deployed a year ago, and the company’s management has declared that the airline will be 15% to 25% smaller in the US summer of 2021 compared with the same period of 2019.
As it works to rightsize, Hawaiian believes it has sufficient liquidity to weather the COVID-19 crisis, and the airline is being realistic about achieving positive net cash generation.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.