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Hawaiian News: New Planes And A Profit  
User currently offlineHAL From United States of America, joined Jan 2002, 2565 posts, RR: 53
Posted (5 years 11 months 4 weeks 1 day 5 hours ago) and read 6654 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.

http://investor.hawaiianairlines.com...-newsArticle&ID=1217460&highlight=

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.

http://investor.hawaiianairlines.com...-newsArticle&ID=1219322&highlight=

HAL


One smooth landing is skill. Two in a row is luck. Three in a row and someone is lying.
14 replies: All unread, jump to last
 
User currently offlineLegacytravel From United States of America, joined Aug 2005, 1067 posts, RR: 2
Reply 1, posted (5 years 11 months 4 weeks 1 day 5 hours ago) and read 6616 times:

Congrats. A very nice report. Especially with fuel where it was at. It is nice to see someone make a few $$$

Mark in MKE



I love the smell of Jet fuel in the Morning
User currently offlineAA737-823 From United States of America, joined Mar 2000, 5873 posts, RR: 11
Reply 2, posted (5 years 11 months 4 weeks 1 day 2 hours ago) and read 6439 times:

Wow- those are great numbers.
It's always nice to see an airline that actually HAD an operating profit, and not just a NET profit.


User currently offlineAWACSooner From United States of America, joined Jan 2008, 1934 posts, RR: 1
Reply 3, posted (5 years 11 months 4 weeks 1 day ago) and read 6308 times:

Hey...considering the wife and I helped contribute to their profit by flying in F from PDX-HNL-SFO in September, I hope the profits continue.

Good going HA!


User currently offlineCAL764 From United States of America, joined May 2008, 377 posts, RR: 0
Reply 4, posted (5 years 11 months 4 weeks 23 hours ago) and read 6188 times:

A330's good for cargo...this is great news, these will surely be assets to them...


1. Fly to Win 2. Fund Future 3. Reliability 4. Work Together CO: Work Hard, Fly Right...
User currently offlineBP1 From United States of America, joined Aug 2007, 593 posts, RR: 1
Reply 5, posted (5 years 11 months 4 weeks 22 hours ago) and read 6077 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.

Cheers,
BP1



"First To Fly The A-380" / 26 October 2007 SYD-SIN Inaugural
User currently offlineAlexA340B777 From Indonesia, joined Oct 2008, 136 posts, RR: 0
Reply 6, posted (5 years 11 months 4 weeks 21 hours ago) and read 6059 times:

Regarding new planes for Hawaiian:
Did the ex-Qantaslink 717 already arrive @ Hawaiian? If so, which new reg has it got?

Thanx!

Alex



So far travelled to 65 countries on 5 continents on 410 flights
User currently offlineSANFan From United States of America, joined Aug 2006, 5472 posts, RR: 12
Reply 7, posted (5 years 11 months 4 weeks 21 hours ago) and read 6000 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?

Mahalo,

bb


User currently offlinePanAm747 From United States of America, joined Feb 2004, 4242 posts, RR: 8
Reply 8, posted (5 years 11 months 4 weeks 20 hours ago) and read 5915 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!
User currently offlineER757 From Cayman Islands, joined May 2005, 2558 posts, RR: 7
Reply 9, posted (5 years 11 months 4 weeks 20 hours ago) and read 5853 times:

Great news HAL - glad to see positive signs from my favorite airline to fly!
Hopefully will see you in the skies en-route to the islands again soon...I need my fix!!


User currently offlineMariner From New Zealand, joined Nov 2001, 25419 posts, RR: 86
Reply 10, posted (5 years 11 months 4 weeks 18 hours ago) and read 5728 times:
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Quoting AA737-823 (Reply 2):
It's always nice to see an airline that actually HAD an operating profit, and not just a NET profit.

Hmmm? "Net profit" is the one that matters.

A number of airlines had an "operating profit", which became a loss after all the additional charges were added.

Net profit is the real thing, the bottom line. Good work, Hawaiian.

mariner



aeternum nauta
User currently offlineDL767captain From United States of America, joined Mar 2007, 2539 posts, RR: 0
Reply 11, posted (5 years 11 months 4 weeks 17 hours ago) and read 5628 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


User currently offlineAA737-823 From United States of America, joined Mar 2000, 5873 posts, RR: 11
Reply 12, posted (5 years 11 months 4 weeks 17 hours ago) and read 5561 times:



Quoting Mariner (Reply 10):
Hmmm? "Net profit" is the one that matters.

A number of airlines had an "operating profit", which became a loss after all the additional charges were added.

Mariner,
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.


User currently offlineHNL-Jack From United States of America, joined Mar 2001, 820 posts, RR: 0
Reply 13, posted (5 years 11 months 4 weeks 13 hours ago) and read 4279 times:



Quoting SANFan (Reply 7):
I'm glad to hear HA is doing well and continuing with their long-term growth and fleet-renewal plans.

Next to WN HA is probably the best run airline in the U.S. today. It has strong leadership, with a vision for it future, a sound fleet renewal plan, a great inflight product and motivated employess.

Quoting AA737-823 (Reply 12):
Because you can only cover operational losses by divesting of assets until... you run out of assets.

That's correct, but generally Mariner is right. The ultimate bottom line of success is net profit.
AQ was reporting operational profits for years while bleeding to death.



Grew up in the business and continued the family tradition.
User currently offlineWoodsboy From United States of America, joined Mar 2000, 1031 posts, RR: 3
Reply 14, posted (5 years 11 months 4 weeks 9 hours ago) and read 3242 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!


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