Hawaiian Airlines notifies more than 400 pilots, flight attendants of job cuts

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Hawaiian Holdings Inc. subsidiary Hawaiian Airlines Inc. disclosed Tuesday that it has notified 414 employees who are in its Air Line Pilots Association (ALPA) and Association of Flight Attendants (AFA) that they will be affected by the air carrier’s workforce reduction plan. Hawaiian said an additional 28 employees in the ALPA will be notified of job cuts at a later date. The company said it expects to issue notices of job cuts to employees in its International Association of Machinists and Aerospace Workers and Transport Workers Union groups. Hawaiian said the layoffs are related to notices sent in July that 2,135 employees could be laid off, including 956 employees in the ALPA and AFA groups. The stock, which was still inactive in premarket trading, has tumbled 54.1% year to date, while the U.S. Global Jets ETF has dropped 43.6% and the S&P 500 has gained 8.3%.
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