Category Archives: Hawaiian Holdings

Hawaiian Holdings reports fourth quarter and record earnings in 2017

Hawaiian Airlines Boeing 767-3CB ER WL N592HA (msn 33468) SEA (Michael B. Ing). Image: 921922.

Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., reported its financial results for the fourth quarter and full year 2017.

Fourth Quarter 2017 – Key Financial Metrics

GAAP

YoY Change

Adjusted

YoY Change

Net Income

$172.1M

+$170.2M

$57.5M

$(11.3)M

Diluted EPS

$3.29

+$3.25

$1.10

$(0.18)

Pre-tax Margin

16.0%

+15.4 pts.

13.6%

(4.0) pts.

 

Full Year 2017 – Key Financial Metrics

GAAP

YoY Change

Adjusted

YoY Change

Net Income

$364.0M

+$128.6M

$301.1M

+$21.1M

Diluted EPS

$6.82

+$2.46

$5.64

+$0.45

Pre-tax Margin

15.2%

(0.3) pts.

17.6%

(0.8) pts.

“We’re delighted to report record earnings for 2017 after our fourth quarter results cap an extremely strong year for Hawaiian” said Mark Dunkerley, Hawaiian Airlines president and CEO.  “Robust demand in all of our major geographies and moderate industry capacity growth offset the rising price of fuel.  We carried more guests this year than ever before and set new records for fourth quarter and full year revenue.  These results are the product of the tireless efforts of the 6,600 employees who deliver authentic Hawaiian hospitality on the ground and in the air every single day.

Looking ahead, 2018 stands to be a year that Hawaiian enters into the last phase of a strategy mapped out over a decade ago.  With new aircraft, new markets, and product enhancements tailored to the needs of the Hawai’i traveler, we are better equipped to compete today than at any time in our past.  We look forward to the year ahead and all that it has in store.”

Statistical data, as well as a reconciliation of the reported non-GAAP financial measures, can be found in the accompanying tables.

Liquidity and Capital Resources

On October 12, 2017, the Company announced the initiation of a quarterly cash dividend of 12 cents per share, the first of which was paid on November 30, 2017 to all stockholders of record as of November 17, 2017.

In addition, the Company repurchased approximately 2.5 million shares of common stock for approximately $100 million in 2017.  The Company also announced a new $100 million stock repurchase program in effect through December 31, 2019.

As of December 31, 2017 the Company had:

  • Unrestricted cash, cash equivalents and short-term investments of $460 million.
  • Outstanding debt and capital lease obligations of $571 million.

2017 Highlights

Operational

  • Carried a record 11.5 million passengers in 2017, a 4.1% increase over the previous year.
  • Completed new hangar facility which will provide significant efficiencies moving forward.
  • Introduced new uniforms which complements brand refresh that was unveiled earlier in the year.

New routes and increased frequencies

  • North America
    • Started operating new daily non-stop service between Portland International Airport (PDX) and Maui’s Kahului Airport (OGG) in January 2018.
    • Announced new daily non-stop service between San Diego International Airport (SAN) and Kahului (OGG) as well as between Long Beach Airport (LGB) and Honolulu’s Daniel K. Inouye International Airport (HNL) with both expected to start in May 2018.
    • Extended seasonal non-stop service to year-round non-stop service between Los Angeles International Airport (LAX) and Kaua’i’s Līhu’e Airport (LIH).
    • Commenced summer seasonal service with daily non-stop flights between OaklandInternational Airport (OAK) and Līhu’e (LIH) and thrice weekly flights between Los Angeles (LAX) and Kona International Airport (KOA).
    • Announced extended service between Los Angeles (LAX) and both Kona (KOA) and Kahului (OGG), between Oakland (OAK) and both Līhu’e (LIH) and Kona (KOA), and between San Francisco International Airport (SFO) and Honolulu (HNL).
  • International
    • Announced expansion of non-stop service between New Zealand’s Auckland Airport (AKL) and Honolulu (HNL) starting in March 2018.
    • Announced expanded seasonal summer flights to include daily non-stop service between Narita International Airport (NRT) and Honolulu (HNL).
  • Neighbor Islands
    • Launched daily round trip service between Maui’s Kapalua Airport (JHM) and both Honolulu (HNL) and Kahului (OGG), and between Līhu’e (LIH) and Kona (KOA).

Partnerships

  • Announced a new partnership with Japan Airlines (JAL) that provides for extensive code sharing, lounge access and frequent flyer program reciprocity, taking effect on March 25, 2018 (subject to government approval). Also announced the intention to establish a joint venture with JAL designed to provide even more choices, convenience and enhancements to the traveling public to/from Japan and beyond to multiple Asian markets.

Fleet and financing

  • Completed a sale-leaseback transaction covering three Boeing 767-300 aircraft as part of the planned exit from its Boeing 767-300 fleet.
  • Took delivery of its first two Airbus 321neo aircraft, its 24th Airbus 330-200 aircraft, and its first ATR 72 turboprop aircraft in an all-cargo configuration.
  • Entered into an agreement in January 2018 to purchase three Boeing 767-300s which it previously leased and will subsequently sell later this year in line with plans to retire its Boeing 767-300 fleet by the end of 2018.

People

  • Ratified a 63-month contract with its pilots represented by the Airline Pilots Association (ALPA).
  • Contributed $150.6 million during the year to employee benefit plans, comprised of a one-time payment of $18.5 million to fully fund and terminate the Hawaiian Airlines, Inc. Salaried & IAM Merged Pension Plan, a one-time payment of $101.9 million to settle a portion of the post-65 medical plan obligation in connection with the ratification of a contract amendment with the Air Line Pilots Association, representing its pilots, and a contribution of approximately $30.2 million, $25.5 million above the minimum required, to further reduce pension obligations.

Product and loyalty

  • Unveiled brand refresh in May 2017 which included an updated logo and aircraft livery.
  • Announced the introduction of remodeled Airbus 330-200 aircraft to its non-stop service between Sapporo’s New Chitose Airport (CTS) and Honolulu (HNL) starting in February 2018.

First Quarter and Full Year 2018 Outlook

The table below summarizes the Company’s expectations for the first quarter ending March 31, 2018 and the full year ending December 31, 2018, expressed as an expected percentage change compared to the pro forma results for the quarter ended March 31, 2017 or the year ended December 31, 2017, as applicable.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, and created a new topic (ASC 606), requiring an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASC 606 will replace most existing revenue recognition guidance in GAAP when it becomes effective.  ASC 606 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017.  The Company has elected to adopt the full retrospective transition method as of January 1, 2018, resulting in the restatement of all prior periods on the date of adoption. Metrics in the guidance tables below that have been impacted by ASC 606 are shown as both originally stated and on an unaudited pro forma basis.

Copyright Photo: Hawaiian Airlines is preparing to retire its last Boeing 767-300 by the end of this year. Hawaiian Airlines Boeing 767-3CB ER WL N592HA (msn 33468) SEA (Michael B. Ing). Image: 921922.

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Hawaiian to purchase the assets of Island Air for ‘Ohana by Hawaiian

Airline Color Scheme - Introduced 2013

Hawaiian Holdings, Inc., the parent of Hawaiian Airlines, has agreed to purchase the AOC and other assets of bankrupt Island Air for $750,000.

According to Honoluu Star Advertiser, the decision to acquire the AOC will allow ‘Ohana for Hawaiian to become a stand alone airline subsidiary. Curently, the three ‘Ohana ATR 42-500s are operated under contract by Empire Airlines.

‘Ohana by Hawaiian flights are operated by Empire Airlines and fly between:

  • Honolulu (HNL) and Molokai (MKK)
  • Honolulu (HNL) and Lanai (LNY)
  • Kahului (OGG) and Kona (KOA)
  • Kahului (OGG) and Molokai (MKK)
  • Kahului (OGG) and Hilo (ITO)
  • Lanai (LNY) and Molokai (MKK)

The ‘Ohana turboprop aircraft features a livery designed by Hilo-based artist Sig Zane and his son Kūha’o.

The aircraft are named after a significant wind on each of the islands that `Ohana by Hawaiian serves: Holo Kaomi of Paomaʻi, Lāna’i; Kaiāulu of Wai’anae, O’ahu; and Hikipua of Hālawa, Moloka’i.

Copyright Photo: Ohana by Hawaiian-Empire Airlines ATR 42-500 N804HC (msn 623) HNL (Ivan K. Nishimura). Image: 922268.

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Hawaiian reports 3Q net income of $74.6 million

The first Airbus A321neo for Hawaiian

Hawaiian Holdings, Inc., the parent company of Hawaiian Airlines, Inc., reported its financial results for the third quarter of 2017.

Third Quarter 2017 – Key Financial Metrics

GAAP

YoY Change

Adjusted

YoY Change

Net Income

$74.6M

($27.9M)

$102.6M

$(0.5)M

Diluted EPS

$1.39

($0.52)

$1.92

$—

Pre-tax Margin

16.6%

(7.8) pts.

22.8%

(1.8) pts.

“The third quarter’s excellent results add to the great year we are having,” said Mark Dunkerley, Hawaiian Airlines president and CEO.  “Apart from the helpful environment characterized by low fuel prices, manageable industry capacity and strong demand for the Hawaii vacation, our team is doing a terrific job improving the company and widening the gap between us and our competitors.”

Statistical information, as well as a reconciliation of the non-GAAP financial measures, can be found in the accompanying tables.

Liquidity and Capital Resources

On October 12, 2017, the Company announced the initiation of a quarterly cash dividend of 12 cents per share to be paid on November 30, 2017 to all stockholders of record as of November 17, 2017.

In addition, the Company repurchased approximately 1.1 million shares of common stock for approximately $46.2 million in the third quarter, which leaves $49.5 million remaining under its share repurchase program.

As of September 30, 2017, the Company had:

  • Unrestricted cash, cash equivalents and short-term investments of $619 million
  • Outstanding debt and capital lease obligations of $506 million

Third Quarter 2017 Highlights

People

  • Contributed $134.6 million during the quarter to employee benefit plans, comprised of a one-time payment of $18.5 million to fully fund and terminate the Hawaiian Airlines, Inc. Salaried & IAM Merged Pension Plan, a one-time payment of $101.9 million to settle a portion of the post-65 medical plan obligation in connection with the ratification of a contract amendment with the Air Line Pilots Association, representing its pilots, and a contribution of approximately $14.2 million, $12.7 million above the minimum required, to further reduce pension obligations.

Operational

  • Ranked #1 nationally for on-time performance for the months of June, July, and August 2017 as reported in the U.S. Department of Transportation Air Travel Consumer Report.

Partnerships

  • Announced a new partnership with Japan Airlines (JAL) that provides for extensive code sharing, lounge access and frequent flyer program reciprocity, taking effect on March 25, 2018 (subject to government approval). Also announced the intention to establish a joint venture with JAL designed to provide even more choices, convenience and enhancements to the traveling public to/from Japan and beyond to multiple Asian markets.

Increased frequencies

  • Announced the expansion of non-stop service between Honolulu’s Daniel K. Inouye International Airport (HNL) and New Zealand’s Auckland Airport (AKL) with up to five non-stop flights weekly beginning March 2018.

Product and loyalty

  • Continued remodeling the A330 fleet with the addition of lie flat premium seats and increased Extra Comfort capacity. Also announced the introduction of remodeled A330 aircraft to its non-stop service between Honolulu’s Daniel K. Inouye International Airport (HNL) and Sapporo’s New Chitose Airport (CTS) starting February 2018.

Fleet and financing

  • Took delivery of its 24th A330-200 in September.
  • Took delivery of its first ATR 72 turboprop aircraft in an all-cargo configuration in September.

Fourth Quarter and Full Year 2017 Outlook

The table below summarizes the Company’s expectations for the fourth quarter and full year ending December 31, 2017, expressed as an expected percentage change compared to the results for the quarter and full year ended December 31, 2016, as applicable.

The Company has revised its guidance range for economic fuel cost per gallon for the full year ending December 31, 2017 due to higher than expected year-to-date fuel costs and the forward fuel price curve as of October 9, 2017. The Company is also providing a guidance range for operating revenue per ASM and has adjusted its guidance ranges for cost per ASM excluding fuel and special Items, ASMs, and gallons of jet fuel consumed for the full year ending December 31, 2017.

Fourth Quarter

GAAP Fourth Quarter

Item

2017 Guidance

GAAP Equivalent

2017 Guidance

Cost per ASM excluding fuel and special items (a)

Up 3.5% to up 6.5%

Cost per ASM (a)

Down 10.3% to down 13.5%

Operating revenue per ASM

Down 1.0% to up 2.0%

ASMs

Up 4.0% to up 6.0%

Gallons of jet fuel consumed

Up 5.0% to up 8.0%

Economic fuel cost per gallon (b)(c)

$1.75 to $1.85

Fuel cost per gallon (b)

$1.72 to $1.82

 

Full Year

GAAP Full Year

Item

2017 Guidance

GAAP Equivalent

2017 Guidance

Cost per ASM excluding fuel and special items (a)

Up 6.0% to up 7.0%

Cost per ASM (a)

Up 3.6% to up 5.5%

Operating revenue per ASM

Up 5.0% to up 6.0%

ASMs

Up 3.0% to up 4.0%

Gallons of jet fuel consumed

Up 5.5% to up 6.5%

Economic fuel cost per gallon (b)(c)

$1.65 to $1.75

Fuel cost per gallon (b)

$1.64 to $1.74

Top Copyright Photo: The first Hawaiian Airbus A321neo is seen at the Airbus plant in Hamburg, Germany. Hawaiian Airlines Airbus A321-271N WL D-AYAF (N202HA) (msn 7917) XFW (Gerd Beilfuss). Image: 939629.

Hawaiian Airlines:

(a)

See Table 4 for a reconciliation of GAAP operating expenses to operating expenses excluding aircraft fuel and special items.

(b)

Fuel cost per gallon estimates are based on the October 9, 2017 fuel forward curve.

(c)

See Table 3 for a reconciliation of GAAP fuel costs to economic fuel costs.

Hawaiian reports second quarter adjusted net income of $37.5 million

Hawaiian Holdings, Inc, (Hawaiian Airlines) (Honolulu) has reported the financial results of its second quarter:

Hawaiian logo-1

  • GAAP net income of $48.8 million or $0.79 per diluted share.
  • Adjusted net income, reflecting economic fuel expense and excluding loss on extinguishment of debt, of $37.5 million or $0.61 per diluted share, an increase of $15.1 million or $0.26 cents per diluted share year-over-year.
  • Adjusted pre-tax margin of 10.7% compared to 6.4% in the prior year period.
  • Unrestricted cash, cash equivalents and short-term investments of $606 million.
  • Lowered leverage ratio to 3.4x.

“We are pleased with the results for the quarter,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. “Strong demand across our network, coupled with low fuel prices, more than compensated for the adverse impacts of the strengthening US dollar, the significant reduction in most fuel surcharges and the high levels of industry capacity growth from North America. Our financial performance for the second half of the year seems set to be a continuation of what we’ve seen so far in 2015. In this environment, the company expects to generate free cash flow, strengthen its balance sheet and improve its profit margins. As ever, the whole team has done a great job of looking after our customers, enhancing our reputation, and burnishing our brand. They have my thanks.”

Statistical data, as well as a reconciliation of the reported non-GAAP financial measures, can be found in the accompanying tables.

Liquidity and Capital Resources

As of June 30, 2015 the Company had:

  • Unrestricted cash, cash equivalents and short-term investments of $606 million.
  • Outstanding debt and capital lease obligations of approximately $947 million consisting of the following:
  1. $689 million outstanding under secured loan agreements to finance a portion of the purchase price for 11 Airbus A330-200 aircraft.
  2. $127 million outstanding under secured loan agreements to finance a portion of the purchase price for 15 Boeing 717-200 aircraft.
  3. $100 million in capital lease obligations to finance the acquisition of an Airbus A330-200, two Boeing 717-200 aircraft and aircraft-related equipment.
  4. $27 million outstanding under floating rate notes to finance the acquisition of two Boeing 767-300 ER aircraft.
  5. $4 million of outstanding convertible senior notes.

In the second quarter, the Company repurchased $4 million (principal balance) of its convertible senior notes outstanding. Repurchases to date have totaled $82 million (principal balance) or 95%, of the originally issued principal amount, thereby eliminating the need for the Company to issue 10.4 million shares when the notes may have otherwise converted to common stock.

In addition, during the second quarter the Company repurchased 0.8 million shares of its common stock for approximately $18 million under its previously announced $100 million stock repurchase program.

Second Quarter 2015 Highlights

Operational

  • Ranked #1 nationally for on-time performance for the months of March, April and May 2015.
  • Ranked as one of the top domestic airlines by Travel + Leisure for 2015.

Product and loyalty

  • The comprehensive interior retrofit of the Company’s neighbor island fleet remains on schedule for completion in the fourth quarter of 2015 with 12 of 18 Boeing 717 aircraft completed to date.

Fleet and financing

  • Added an A330-200 aircraft under lease financing and retired a Boeing 767-300 at the end of its lease.
  • Updated the fleet plan and entered into a six-year lease agreement for one A330-200 with a delivery date of summer 2016 and accelerated the planned retirement date of certain of its Boeing 767-300 aircraft.
  • Announced the purchase of three ATR 72 turbo-prop aircraft in an all-cargo configuration for expansion of its cargo service.

Schedule

  • Los Angeles to Kona, three-times-weekly, and Los Angeles to Lihu’e, four-times-weekly, summer seasonal service reintroduced in May.
  • Oakland to Kona, three-times-weekly and Oakland to Lihu’e, four-times-weekly, summer seasonal service reintroduced in May.
  • Los Angeles to Maui second daily seasonal summer service reintroduced in May.
  • Announced year round service from Los Angeles to Lihu’e, three-times-weekly, beginning in January 2016.

Read the full report: CLICK HERE

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A330-243 N396HA (msn 1488) taxies to the runway at Seattle-Tacoma International Airport (SEA).

Hawaiian Airlines aircraft slide show: AG Airline Slide Show

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Hawaiian Holdings produces record GAAP net income of $25.9 million for the first quarter

Hawaiian Holdings, Inc. (Honolulu), parent company of Hawaiian Airlines, Inc. (Honolulu),  reported its financial results for the first quarter of 2015:

GAAP net income of $25.9 million or $0.40 per diluted share.

Adjusted net income, reflecting economic fuel expense and excluding loss on extinguishment of debt, of $24.7 million or $0.38 per diluted share, an increase of $25.6 million or $0.40 cents per diluted share year-over-year.

Adjusted pre-tax margin of 7.4% compared to (0.2)% in the prior year period.

Unrestricted cash, cash equivalents and short-term investments of $488 million.

Lowered leverage ratio to 3.6x.

The board of directors approved a share repurchase program authorizing the Company to buy back up to $100 million of its common stock.

“Producing these record results for the seasonally weak first quarter demonstrates the growing strength of our business,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. “Low fuel prices and strong demand across our network combined to more than offset the impact of a strengthening U.S. dollar, declining fuel surcharges in some markets and an increase in industry capacity between North America and Hawai’i. Reflecting this performance we have announced a $100 million share repurchase program today. As always, our employees are at the forefront of our successes. Their performance makes our financial success possible and they have my undying thanks.”

Statistical data, as well as a reconciliation of the reported non-GAAP financial measures, can be found in the accompanying tables.

Liquidity and Capital Resources

As of March 31, 2015 the Company had:

Unrestricted cash, cash equivalents and short-term investments of $488 million.

Outstanding debt and capital lease obligations of approximately $962 million consisting of the following:

$693 million outstanding under secured loan agreements to finance a portion of the purchase price for 11 Airbus A330-200 aircraft.

$132 million outstanding under secured loan agreements to finance a portion of the purchase price for 15 Boeing 717-200 aircraft.

$100 million in capital lease obligations to finance the acquisition of an Airbus A330-200, two Boeing 717-200 aircraft and aircraft-related equipment.

$29 million outstanding under floating rate notes to finance the acquisition of two Boeing 767-300 ER aircraft.

$8 million of outstanding Convertible Senior Notes.

In the first quarter, the Company repurchased $63 million (principal balance) of convertible notes outstanding. Repurchases to date have totaled $78 million (principal balance) or 91%, thereby eliminating the need to issue 10 million shares when the notes may have otherwise converted to common stock.

First Quarter 2015 Highlights:

Product and loyalty

Introduced the first of its 18 refurbished Boeing 717 aircraft with a comprehensive interior retrofit and a standard consistent layout of 128 seats in March 2015. The refurbishment will provide more seats for the peak demand period and eliminate operational complexity arising from different seat counts. To date, seven aircraft have completed the refurbishment program with all remaining Boeing 717 aircraft in the Company’s fleet expected to be retrofitted by the end of the year.

Fleet and financing

Added one new A330-200 aircraft under lease financing.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Airbus A330-243 N391HA (msn 1309) taxies at Seattle-Tacoma International Airport.

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Hawaiian reports GAAP 4Q net income of $11.1 million and $68.9 million net profit for 2014

Hawaiian Holdings, Inc. (Honolulu), parent company of Hawaiian Airlines, Inc. (Honolulu), today reported its financial results for the fourth quarter and full year 2014.

GAAP net income in the fourth quarter of $11.1 million or $0.17 per diluted share. For the full year, GAAP net income of $68.9 million or $1.10 per diluted share.

Adjusted net income in the fourth quarter of $26.1 million or $0.40 per diluted share, an increase of $14.1 million or $0.18 cents per diluted share year-over-year. For the full year, adjusted net income grew to $97.1 million or $1.55 per diluted share compared to $46.6 million or $0.88 per diluted share in the prior year.

Operating revenue increased to $575 million for the fourth quarter and $2.3 billion for the full year. This resulted in an operating revenue per available seat mile (RASM) increase of 6.1%, year-over-year for the fourth quarter, and for the full year an increase of 5.6% year-over-year.

“2014 finished on a high note with the company posting much better results than a year ago,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. “We served more customers than ever before, grew revenues, improved profitability and strengthened our balance sheet. I have our employees to thank for Hawaiian’s performance on the ground, in the air and in our financial statements. Their hard work helps overcome the advantage that our competitors generate through their massive size alone. 2015 will be another year of improvement as long as demand, fuel and industry capacity in our marketplaces remain as forecast.”

Liquidity and Capital Resources

As of December 31, 2014 the Company had:

Unrestricted cash, cash equivalents and short-term investments of $524 million.

Outstanding debt and capital lease obligations of approximately $1,050 million consisting of the following:
$714 million outstanding under secured loan agreements to finance a portion of the purchase price for 11 Airbus A330-200 aircraft.

$137 million outstanding under secured loan agreements to finance a portion of the purchase price for 15 Boeing 717-200 aircraft.

$102 million in capital lease obligations to finance the acquisition of an Airbus A330-200, two Boeing 717-200 aircraft and aircraft-related equipment.

$30 million outstanding under floating rate notes to finance the acquisition of two Boeing 767-300 ER aircraft.

$67 million of outstanding Convertible Senior Notes.

Fleet and financing

Retired $54 million of A330 bank debt.

Repurchased $15 million (principal amount) or 18% of convertible notes outstanding.

Executed a purchase agreement with Airbus for six A330-800neo aircraft with deliveries starting in 2019, replacing the previous order for six A350XWB-800 aircraft.

Entered into a new revolving credit facility that has availability of up to $175 million.

Added five new A330-200 aircraft and returned or retired two Boeing 767-300 aircraft.

Copyright Photo: Fred Freketic/AirlinersGallery.com. Airbus A330-243 N382HA (msn 1171) prepare to depart from New York (JFK).

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Hawaiian Holdings reports adjusted third quarter net income of $49.5 million

Hawaiian Holdings, Inc. (Honolulu), parent company of Hawaiian Airlines, reported its financial results for the third quarter of 2014.

GAAP net income in the third quarter of $35.6 million or $0.56 per diluted share.

Adjusted net income, reflecting economic fuel expense, in the third quarter of $49.5 million or $0.79 per diluted share, an increase of $12.7 million or $0.10 cents per diluted share year-over-year.

Operating revenue per available seat mile (RASM) increase of 4.6% and passenger revenue per available seat mile (PRASM) increase of 2.2%.

Unrestricted cash, cash equivalents and short-term investments of $582 million.

Announced new service from San Francisco to Maui beginning November 2014.

Operated Los Angeles to Kona, three-times-weekly, and Los Angeles to Lihu’e, four-times-weekly, summer seasonal service through the beginning of September.

Operated Oakland to Kona, three-times-weekly and Oakland to Lihu’e, four-times-weekly, summer seasonal service through the beginning of September.

Operated Los Angeles to Maui second daily summer seasonal service through the beginning of September.

Copyright Photo: Ken Petersen/AirlinersGallery.com. Airbus A330-243 N393HA (msn 1422) arrives in Las Vgeas.

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