Hawaiian holdings says submitted an application for its share of payroll support grants under cares act

Hawaiian holdings inc - submitted an application for its share of payroll support grants under cares act.hawaiian holdings inc - given impact of covid-19 pandemic, it is unlikely that company will rebound quickly to pre-crisis demand levels.hawaiian holdings inc - estimates its average cash outflow will be approximately $4.5 million per day.hawaiian holdings inc - during april, company expects to consume $120-140 million of its cash reserves (excluding refunds).hawaiian holdings inc - as of april 1, 41% of co's workforce, both non-contract and contract, had taken action through voluntary leave programs.hawaiian holdings inc - on april 3, flight attendants of hawaiian airlines ratified collective bargaining agreement amendable on april 3, 2025.hawaiian holdings inc - ratification provides for, among other things, a ratification payment, increased medical cost sharing, improved pay scales.hawaiian holdings inc - ratification is expected to result in a one-time expense of approximately $24 million in q1 of 2020.
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