Tag Archives: 1422

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.

Hawaiian Airlines:

Hawaiian Airlines is the most prompt U.S. airline for 10 years in a row

Hawaiian Airlines (Honolulu) continued its on-time performance streak in 2013, leading all U.S. carriers in punctuality for the 10th consecutive year as reported today by the U.S. Department of Transportation (DOT).

Hawai’i’s largest and longest-serving airline averaged a 93.3 percent on-time performance ranking for the full year 2013, earning the top ranking in 11 of the 12 months and exceeding the industry average for the year by 15 percentage points. For the month of December, Hawaiian Airlines recorded a 92.4 percent on-time performance to lead the industry.

In December, Hawaiian Airlines also ranked #1 for fewest cancellations, with 11 out of 6,032 total flights — or 0.2 percent.

Hawaiian Airlines provides daily nonstop service to Hawai’i from 11 gateway cities in North America – more cities than any other carrier – using Airbus A330-200 and Boeing 767-300 aircraft, making it the only carrier to offer wide-body, twin-aisle aircraft for all transpacific flights. The airline is also the leading provider of air service between the islands of Hawai’i.

Hawaiian Airlines: