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Hawaiian Reports $23.5 Million 1Q Profit  
User currently offlineHALFA From United States of America, joined Jan 2004, 1363 posts, RR: 15
Posted (5 years 6 months 6 days 16 hours ago) and read 3617 times:

Hawaiian Airlines announced it's first quarter results today, a consolidated net income profit of $23.5 million, with operating income of $35.9 million. This compares to a $19.9 million first quarter loss from a year ago.
This is more good news for a company that was also named best Airline in America recently by the Airline Quality Survey.

More here:

http://investor.hawaiianairlines.com...-newsArticle&ID=1281564&highlight=

http://www.honoluluadvertiser.com/article/20090428/BREAKING03/90428067

Aloha,
HALFA


Don't mess with Texas....We just may do that!
16 replies: All unread, jump to last
 
User currently offlineSurfandSnow From United States of America, joined Jan 2009, 2888 posts, RR: 31
Reply 1, posted (5 years 6 months 6 days 16 hours ago) and read 3598 times:

I'm sure the demise of AQ and ATA has tremendously helped out HA! That said, still great to hear of a US airline doing well!


Flying in the middle seat of coach is much better than not flying at all!
User currently offlineFreequentFlier From United States of America, joined Feb 2007, 901 posts, RR: 12
Reply 2, posted (5 years 6 months 6 days 16 hours ago) and read 3598 times:

Congrats to HA! Despite the departure of AQ and TZ, those are still very solid numbers in this day and age.

User currently offlineDLflynhayn From United States of America, joined Apr 2008, 434 posts, RR: 1
Reply 3, posted (5 years 6 months 6 days 16 hours ago) and read 3553 times:

Great job Hawaiian! Haaaawaiian!!

User currently offlineWedgetail737 From United States of America, joined Aug 2003, 5930 posts, RR: 6
Reply 4, posted (5 years 6 months 6 days 16 hours ago) and read 3531 times:
Support Airliners.net - become a First Class Member!

I'm sure the decline in fuel costs helped significantly.

User currently offlineAloha73G From United States of America, joined Jul 2003, 2366 posts, RR: 4
Reply 5, posted (5 years 6 months 6 days 16 hours ago) and read 3527 times:

Excellent results! A true testament to the hard work of Hawaiian's employees and its excellent management team. Mr Dunkerly has arguably been the best airline CEO of the past 5 years.

Who said flying only to/from Hawai'i couldn't make money.....in a Recession....in the 1st Quarter.....with complimentary meals for all......highly paid employees....and staffing over FAA minimums....AND an interisland fare war!!

-Aloha!



Aloha Airlines - The Spirit Moves Us. Gone but NEVER Forgotten. Aloha, A Hui Hou!
User currently offlineGSPSPOT From United States of America, joined Sep 2003, 3082 posts, RR: 2
Reply 6, posted (5 years 6 months 6 days 16 hours ago) and read 3516 times:

Long live HA! Go, guys! If I could, I'd love to fly HA to the islands.


Finally made it to an airline mecca!
User currently offlineGSPSPOT From United States of America, joined Sep 2003, 3082 posts, RR: 2
Reply 7, posted (5 years 6 months 6 days 16 hours ago) and read 3516 times:

Long live HA! Go, guys! If I could, I'd love to fly HA to the islands.


Finally made it to an airline mecca!
User currently offlineLightsaber From United States of America, joined Jan 2005, 13302 posts, RR: 100
Reply 8, posted (5 years 6 months 6 days 15 hours ago) and read 3417 times:
Support Airliners.net - become a First Class Member!



Quoting HALFA (Thread starter):
This is more good news

Excellent! I'm very happy to hear about another airline in the black. Well done.

Who has made a profit (besides HA) in 1Q2009? F9 had an operating profit... but overall a loss. Who else had a clear profit? I'm curious to know both domestic and international airlines. (Its good to hear some positive economic news.)  Smile

Lightsaber



Societies that achieve a critical mass of ideas achieve self sustaining growth; others stagnate.
User currently offlineUA76Heavy From United States of America, joined Apr 2007, 181 posts, RR: 0
Reply 9, posted (5 years 6 months 6 days 14 hours ago) and read 3363 times:

Great job, HA!

Quoting SurfandSnow (Reply 1):
I'm sure the demise of AQ and ATA has tremendously helped out HA!

It may have helped increase revenue, but not necessarily profit. Profit, particularly in these poor economic conditions and when tourist arrivals into the islands is down about 20 percent, reflects good management, employee dedication and partnership between management and labor.


User currently offlineHALFA From United States of America, joined Jan 2004, 1363 posts, RR: 15
Reply 10, posted (5 years 6 months 6 days 14 hours ago) and read 3349 times:



Quoting Wedgetail737 (Reply 4):
I'm sure the decline in fuel costs helped significantly.

I am sure that it helped but it didn't seem to help most larger U.S. Carriers.

Quoting Lightsaber (Reply 8):
Who has made a profit (besides HA) in 1Q2009?

I believe Jet Blue and Air Tran.

Aloha,
HALFA



Don't mess with Texas....We just may do that!
User currently offlineKohflot From , joined Dec 1969, posts, RR:
Reply 11, posted (5 years 6 months 6 days 13 hours ago) and read 3290 times:

Any word on how MNL is doing?

User currently offlineVincewy From Taiwan, joined Oct 2005, 767 posts, RR: 1
Reply 12, posted (5 years 6 months 6 days 12 hours ago) and read 3198 times:



Quoting Lightsaber (Reply 8):
Who has made a profit (besides HA) in 1Q2009?


Didn't Allegiant made a profit too? Another thing worth noting, HA is one of the last US carriers to provide foods for economy class passengers between HI and mainland US, so much for nickel-and-diming from legacy carriers.


User currently offlineAustralis From Australia, joined Feb 2009, 98 posts, RR: 0
Reply 13, posted (5 years 6 months 6 days 12 hours ago) and read 3151 times:

Good news for Hawaiian Airlines, though i guess the lost of some competition has helped them directly. Though, considering what aircraft they have on order and some of their plans for the long-term, a good result and hopefully they can keep the succes going.

Seems like the legacy airlines should taken notice of Allegiant and Hawaiian Airlines! lol


User currently offlineLipeGIG From Brazil, joined May 2005, 11451 posts, RR: 58
Reply 14, posted (5 years 6 months 6 days 10 hours ago) and read 3056 times:
AIRLINERS.NET CREW
FORUM MODERATOR



Quoting HALFA (Thread starter):
Hawaiian Airlines announced it's first quarter results today, a consolidated net income profit of $23.5 million, with operating income of $35.9 million. This compares to a $19.9 million first quarter loss from a year ago.
This is more good news for a company that was also named best Airline in America recently by the Airline Quality Survey

Halfa, thanks for the info, very interesting to see profits these days. Well done Hawaiian !

Quoting Wedgetail737 (Reply 4):
I'm sure the decline in fuel costs helped significantly

In fact what helps is the fact that they have good hedging! Instead of paying additional expense as mostly airlines, their fuel hedge financial expense was just US$ 1 million.



New York + Rio de Janeiro = One of the best combinations !
User currently offlineVulindlela744 From United States of America, joined Jan 2000, 523 posts, RR: 0
Reply 15, posted (5 years 6 months 6 days 1 hour ago) and read 2863 times:

Good going Hawaiian!!!!! It's nice to see a few of us made money this quarter. The only other airline besides us (Airtran Airways) was Jetblue. Hopefully we can keep the momentum going.

User currently offlinePlatinumfoota From United States of America, joined Jan 2006, 556 posts, RR: 0
Reply 16, posted (5 years 6 months 5 days 20 hours ago) and read 2460 times:

Congrats HA! Always wanted to fly with HA, this wakes up my curiosity a bit more.


Never forget United 93
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