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.