HAL From United States of America, joined Jan 2002, 2621 posts, RR: 52 Posted (7 years 3 months 1 week 4 days 5 hours ago) and read 7243 times:
It looks like a couple of nice days for 'my' airline. We just announced the lease of two new A332's in 2011 (our first ones), from AWAS, along with the extension of two 767 leases, also from AWAS, to keep our fleet going until the Airbus begin to arrive.
Also, our 3rd quarter earnings came out today, and it looks like we're doing better than most airlines:
Quarterly operating revenue up 24.7% to $339.9M
Net profit of $6M
Operating profit of $27.3M
9-month (Jan-Sep) net profit of $40.5M
RASM increased to 13.92 cents
This despite a 70.8% increase in fuel costs quarter-over-quarter.
BP1 From United States of America, joined Aug 2007, 593 posts, RR: 1
Reply 5, posted (7 years 3 months 1 week 3 days 22 hours ago) and read 6666 times:
Great work to all at HAL. Mark Dunkerley is really doing good things there along with everyone else. Again, great to hear. Keep up the great in-flight service, there is nothing like flying HA to the islands from the mainland with the real hot meals in Economy and champagne in First Class, it is nice to have a real quality product from Phoenix to the islands versus the other non-stop option.
"First To Fly The A-380" / 26 October 2007 SYD-SIN Inaugural
SANFan From United States of America, joined Aug 2006, 6050 posts, RR: 12
Reply 7, posted (7 years 3 months 1 week 3 days 21 hours ago) and read 6589 times:
I'm glad to hear HA is doing well and continuing with their long-term growth and fleet-renewal plans.
I didn't see any mention in the reports you linked, HAL, of any on-going efforts for short-term growth of the 767-fleet. Do you know if HA is continuing to try to find one or two "new" a/c to supplement current mainland routes? (If I'm not mistaken, just earlier this year there was talk of attempts to get hold of a couple additional 767s to beef up existing routes.)
Or are they just going to leave trans-pac flying to the present fleet (meaning essentially no new flights) until the AirBi start showing up in a couple of years?
PanAm747 From United States of America, joined Feb 2004, 4242 posts, RR: 8
Reply 8, posted (7 years 3 months 1 week 3 days 20 hours ago) and read 6504 times:
I'm glad the long-haul product is making you money!! I know we lost 50% of our HA service here in SAN, but at least we still have HNL...an airline MUST go where the money is!!
What's the word on inter-island flying since the demise of AQ? Is this still turning a profit? How much passenger leakage is their to Go! ? Are Hawai'ians discovering how little room those CRJ's have and how little cargo they can carry?
Pan Am:The World's Most Experienced Airline - P(oor) S(ailor's) A(irline): San Diego's Hometown Airline-Catch Our Smile!
DL767captain From United States of America, joined Mar 2007, 2539 posts, RR: 0
Reply 11, posted (7 years 3 months 1 week 3 days 17 hours ago) and read 6217 times:
Quoting PanAm747 (Reply 8): I'm glad the long-haul product is making you money!! I know we lost 50% of our HA service here in SAN, but at least we still have HNL...an airline MUST go where the money is!!
Hopefully they will bring back SAN-OGG it seemed like it was almost always full when the service was offered, especially since Aloha went out of business. Maybe when they get the new A330s they can bring it back
A number of airlines had an "operating profit", which became a loss after all the additional charges were added.
I'm aware of all that. But, look at it from the opposite direction: an airline that loses millions operationally, yet magically comes up with a net profit (due to sales of assets, like shares in Copa) really isn't the best deal. As an airline, they're losing money in this scenario; as a business, yeah they turned a profit.
But who cares if Pizza Hut makes a profit through the sale of their interest in Taco Bell? If they're losing money making a pepperoni pie, I think that tells us a lot more.
Because you can only cover operational losses by divesting of assets until... you run out of assets.
Woodsboy From United States of America, joined Mar 2000, 1042 posts, RR: 2
Reply 14, posted (7 years 3 months 1 week 3 days 9 hours ago) and read 3831 times:
We are on Maui now after enjoying our.......5th or 6th trip from the mainland in first class. I agree, nothing beats HA for service, especially in first. Economy is good too, we have had to fly economy and its better than anyone else. I have fond memories of flying Hawaiian when I was a kid back in the 70s, deplaning at what was then the tiny Lihue airport through the tail stairs of a DC-9 30, I loved it! Then later flying on HA's DC-8s, DC-10s and L-1011s from the mainland and Alaska to Hawaii, great memories.
Congrats to HA for weathering the storm and coming out strong. How about some scheduled service from Anchorage next!