It's midnight on the East Coast, and the FAA's authority to operate has just expired.
As a result, you may start to see cheaper airfares.
That's because you won't have to pay federal taxes on your airline tickets.
It's all because Congress could not agree on a bill that would provide funds to the FAA.
Suzanne Nishizaki is heading to the Big Island with her husband.
Just like everyone else, she doesn't like to pay all of the taxes that come along with buying an airline ticket.
"I think it gets to be a lot but if you think about it, without the taxes there can't be services," said Suzanne Nishizaki, a visitor from Idaho.
The FAA will lose the authority to collect federal ticket taxes, meaning big savings for passengers.
Alaska Airlines broke it down for us; here's what won't be collected:
7.5% tax on domestic flights
$3.70 domestic segment tax
$16.30 international arrival/departure tax
$8.20 departure tax for flights between Alaska/Hawaii and the US mainland
So, someone who buys a $300 roundtrip ticket would save about $44 in taxes, or about 14%.
Starting Frirday night, Hawaiian Airlines will not collect those federal taxes that have expired. That means prices for interisland travel will be about $15 lower, round trip, and mainland travel will be about $30 lower, round trip.And some folks may save even more. The Air Transport Association estimates the savings at $61.
"All that adds up and now in the economy we're in. You know my wife and I are state workers. It really helps us," said Dean Tokishi of Wailuku, Maui.
Suzanne, however, is worried about the potential repercussions of such a drastic move.
"If the cutbacks are going to result in unsafe conditions for passengers then I would be willing to pay the tax," said Suzanne Nishizaki.
But US Transportation Secretary Ray LaHood emphasizes the safety of the flying public won't be compromised.
Air traffic controllers will remain on the job.
"Like we were talking earlier, it always is taken from somewhere else and there are pros and cons for that. But for the immediate impact it has on me and my family I think it's a great thing," said Dean Tokishi.
No word on how long this could last, but bottom line -- you won't have to pay federal taxes for airline tickets until Congress votes to reinstate them.
