HA - Why Hawaiian Holdings Shares Fell This Week
Hawaiian Holdings (NASDAQ: HA) isn't sure when a key international market will relax its travel restrictions. That uncertainty weighed on Hawaiian shares this week, with the stock down more than 10% for the week as of Thursday afternoon.
Hawaiian is a niche carrier, serving a very important role in connecting its home state to the U.S. mainland but vulnerable to competition from larger airlines with more robust route networks. In normal times Hawaiian is able to offset some of that domestic competition with a substantial international transpacific operation, but the pandemic has limited where Hawaiian can fly internationally.
Image source: Hawaiian Holdings.
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Why Hawaiian Holdings Shares Fell This Week