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The Honolulu Advertiser
Updated at 1:56 p.m., Monday, April 27, 2009

Hawaiian Holdings stock falls on travel fears

Advertiser Staff

The price of Hawaiian Holdings Inc.'s common stock had its biggest decline in more than two months amid concern that a swine flu outbreak could result in people cutting back travel.

Shares of the parent company of Hawaiian Airlines fell 56 cents, or about 10 percent, to close at $4.79 today. The last time shares of Hawaiian Holdings fell 56 cents was on Feb. 10.

Other travel-related shares fell, with Host Hotels & Resorts Inc. seeing a 15 percent tumble and Delta Air Lines Inc., UAL Corp. and Carnival Corp. each losing 14 percent, Bloomberg News reported.

"Concerns about how broad-based the outbreak is have grown over the course of the day," money manager Douglas Cliggott said.