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Hawaiian Posts Largest Profit In Company History  
User currently offlineHALFA From United States of America, joined Jan 2004, 1367 posts, RR: 15
Posted (4 years 10 months 3 weeks 5 days 5 hours ago) and read 5423 times:

Hawaiian Airlines reported a profit of $116.7 Million for 2009 and according to Mark Dunkerley, HA's President and CEO, it was the company's best results ever. That's quite something considering that Hawaiian has been operating since 1929!
Sounds like employee bonus checks will be soon to follow!

More here:

http://www.bizjournals.com/pacific/stories/2010/02/01/daily33.html

Aloha,
HALFA


Don't mess with Texas....We just may do that!
35 replies: All unread, showing first 25:
 
User currently offlineGSPSPOT From United States of America, joined Sep 2003, 3108 posts, RR: 2
Reply 1, posted (4 years 10 months 3 weeks 5 days 3 hours ago) and read 5303 times:

Great news! But HOW, in this economy, esp. when we hear how hard-hit Hawaii's tourism has been in general?

[Edited 2010-02-05 05:29:11]


Finally made it to an airline mecca!
User currently offlineWedgetail737 From United States of America, joined Aug 2003, 5951 posts, RR: 6
Reply 2, posted (4 years 10 months 3 weeks 5 days 3 hours ago) and read 5268 times:
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Quoting GSPSPOT (Reply 1):
Great news! But HOW, in this economy, esp. when we hear how hard-hit Hawaii's tourism has been in general?

It's called building in company efficiencies that only the employees of HA could impose. Plus their adaptation to high fuel prices...which helped them out when fuel prices dropped. Among other things.

Way to go HA!


User currently offlineMultimark From Canada, joined Jul 2006, 797 posts, RR: 0
Reply 3, posted (4 years 10 months 3 weeks 4 days 20 hours ago) and read 5006 times:

Quoting GSPSPOT (Reply 1):
Great news! But HOW, in this economy, esp. when we hear how hard-hit Hawaii's tourism has been in general?

Yes, If HA can pull this off in such a poor economy, they are very well positioned for the recovery. Congrats to all the employees who made it happen!   


User currently offlinePohakuloa From United States of America, joined Jun 2006, 433 posts, RR: 0
Reply 4, posted (4 years 10 months 3 weeks 4 days 13 hours ago) and read 4731 times:

Quoting GSPSPOT (Reply 1):
Great news! But HOW, in this economy, esp. when we hear how hard-hit Hawaii's tourism has been in general?

I'd also like to point out that HA does this without feeder service outside of Hawaii. This is something that still blows people's minds when they hear about it, yet people continually insist that Hawaii yields are so low that they don't make much if at all money. And this is also with one frequency a day to west coast cities (except HNL-LAX 2x, HNL-SEA 2x, and HNL-LAS 3x) and less than daily international flying. Also exclusively on twin-aisle jets which it seems to be not optimal for other airlines with the larger route networks. Also meals included on every trans-oceanic flight and complimentary refreshment on inter-island flights, no BOB food with that extra cost attached to them.

Granted, most of what I said/listed should mean little in the grand scheme of things, it just seems to be the "anti" to what other airlines do to-from Hawaii (or in general really) yet they are still making money where others are not or not as much.

Now for the important comment....
Kudos to HA on this news!

Regards,
Pohakuloa



Fast cars and 'Jet A' - such a sweet smell!
User currently offlineJMackey From United States of America, joined Apr 2009, 294 posts, RR: 0
Reply 5, posted (4 years 10 months 3 weeks 4 days 13 hours ago) and read 4726 times:

Way to go, HA ! I just hope this success runs deep for a long time. Long enough to drive " Go " or " Molukele " or whatever they call themselves out of business.


I love the smell of jet fuel in the morning
User currently offlineMrSkyGuy From United States of America, joined Aug 2008, 1214 posts, RR: 3
Reply 6, posted (4 years 10 months 3 weeks 4 days 13 hours ago) and read 4697 times:

Wow, I'm impressed. Hawaiian has been keenly involved in vendor management as well.. something I've seen first hand on the avionics side. Delta's MRO business is keenly aware of what I'm referring to.  

Way to go Hawaiian. I've seen in first hand, and now the numbers back the impression that you run a well-oiled machine. Hawaiian reminds me of how American and Delta used to operate.. like clockwork, and with a great service offering. I flew Hawaiian last year from LAX, and despite being in the narrowest widebody, I still was still left with that "well oiled" impression throughout [excellent service, attention to details, clean aircraft, etc].

Great job Hawaiian. Despite being flagged as a "leisure" carrier [what could they know about running an airline?] by the cynical industry analysts, you've pulled a rabbit out of a hat. Do it again in 2010 and you'll be turning heads.



"The strength of the turbulence is directly proportional to the temperature of your coffee." -- Gunter's 2nd Law of Air
User currently offlineMillwallSean From Singapore, joined Apr 2008, 1299 posts, RR: 6
Reply 7, posted (4 years 10 months 3 weeks 4 days 10 hours ago) and read 4553 times:

Foreign managers at US airlines perhaps isnt such a bad idea after all...

I never understood that regulation, ownership i might not agree with but can see where the argument is coming from, but management???



No One Likes Us - We Dont Care.
User currently offlineHAL From United States of America, joined Jan 2002, 2572 posts, RR: 53
Reply 8, posted (4 years 10 months 3 weeks 4 days 10 hours ago) and read 4524 times:

One more bit of good news today for HA: January load factor up 3.9% over Jan. '09 to 82.2%.

http://pacific.bizjournals.com/pacif.../2010/02/01/daily39.html?ana=yfcpc

HAL



One smooth landing is skill. Two in a row is luck. Three in a row and someone is lying.
User currently offlinelightsaber From United States of America, joined Jan 2005, 13551 posts, RR: 100
Reply 9, posted (4 years 10 months 3 weeks 4 days 10 hours ago) and read 4501 times:
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Quoting GSPSPOT (Reply 1):
Great news! But HOW, in this economy, esp. when we hear how hard-hit Hawaii's tourism has been in general?

Well said. I'm floored! I couldn't find annual revenue, but quarterly revenue is under $300 million, so that looks like a decent profit margin!

Quoting MrSkyGuy (Reply 6):
Wow, I'm impressed.

So am I. Well done HA.

Now we won't hear the end of the virtues of the 717.   

Quoting HAL (Reply 8):
One more bit of good news today for HA: January load factor up 3.9% over Jan. '09 to 82.2%.

Excellent news. Was capacity increased, decreased, or did it stay the same?

Lightsaber



Societies that achieve a critical mass of ideas achieve self sustaining growth; others stagnate.
User currently offlineBMI727 From United States of America, joined Feb 2009, 15841 posts, RR: 27
Reply 10, posted (4 years 10 months 3 weeks 4 days 9 hours ago) and read 4492 times:

Quoting MrSkyGuy (Reply 6):
Great job Hawaiian. Despite being flagged as a "leisure" carrier [what could they know about running an airline?] by the cynical industry analysts

So is Allegiant. The key isn't necessarily getting the highest yields and the premium business pax. The key is knowing what they are and being good at it. HA and G4 are two of the best at that. If they stay true to what they are, evolving with the times and seeking new opportunities of course, I expect that they will see continued success.

Quoting MillwallSean (Reply 7):
but management???

I'm pretty sure that the "actual control" portion of the law refers to foreign investors, not managers if I'm not mistaken. The issue with Fred Reid at Virgin was that he was too closely tied with Branson. (he is American after all)

Quoting MillwallSean (Reply 7):
Foreign managers at US airlines perhaps isnt such a bad idea after all...

   AS might hear you.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineA342 From Germany, joined Jul 2005, 4722 posts, RR: 3
Reply 11, posted (4 years 10 months 3 weeks 3 days 23 hours ago) and read 4275 times:

Here's another one who is genuinely impressed!


Just one question: Would it be possible to quantify how much of that profit came from

a) intra-Hawaii fligths
b) flights to the continental US
c) flights to international desinations and PPG?

I'm not looking for exact numbers, just a general idea.

Thanks in advance.



Exceptions confirm the rule.
User currently offlineWedgetail737 From United States of America, joined Aug 2003, 5951 posts, RR: 6
Reply 12, posted (4 years 10 months 3 weeks 3 days 22 hours ago) and read 4201 times:
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Quoting BMI727 (Reply 10):
AS might hear you.

Hey! AS did well this year with a $120+ million in profit.


User currently offlineJAAlbert From United States of America, joined Jan 2006, 1626 posts, RR: 1
Reply 13, posted (4 years 10 months 3 weeks 3 days 22 hours ago) and read 4151 times:

This doesn't surprise me at all. Ever since Aloha folded, all the airlines, most notably HA have increased their fares dramatically. Just before Aloha quit, you could get a round trip coach fare between SAN - HNL on HA for a bit over $400. Now the ticket is typically in the range of $650, and higher on some days.

I do love HA's inflight service and cannot wait for the A350s and 330s


User currently offlineBMI727 From United States of America, joined Feb 2009, 15841 posts, RR: 27
Reply 14, posted (4 years 10 months 3 weeks 3 days 20 hours ago) and read 4051 times:

Quoting JAAlbert (Reply 13):
Ever since Aloha folded, all the airlines, most notably HA have increased their fares dramatically.

And ATA. You are correct that this has helped yields and to some extent blunted the blow from the economy.

Quoting JAAlbert (Reply 13):
I do love HA's inflight service

It isn't uncommon to hear similar comments about Allegiant. This has to be by far the cheapest way to win passengers over.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineI380North From United States of America, joined Feb 2009, 118 posts, RR: 0
Reply 15, posted (4 years 10 months 3 weeks 3 days 20 hours ago) and read 4027 times:

Nice to see a domestic airline focused on service make a profit. To those who think you have to nickle and dime the "guest" for every penny...its crow time.

Now, HA repeat same over and over again as I am counting on you.


User currently offlineDLflynhayn From United States of America, joined Apr 2008, 442 posts, RR: 1
Reply 16, posted (4 years 10 months 3 weeks 3 days 20 hours ago) and read 3994 times:

Great job HA! Maybe those higher interisland fares are helping a little.

User currently offlinepictues From Canada, joined Nov 2004, 246 posts, RR: 0
Reply 17, posted (4 years 10 months 3 weeks 3 days 19 hours ago) and read 3926 times:

This doesn't surprise me at all. Ever since Aloha folded, all the airlines, most notably HA have increased their fares dramatically. Just before Aloha quit, you could get a round trip coach fare between SAN - HNL on HA for a bit over $400. Now the ticket is typically in the range of $650, and higher on some days.

I do love HA's inflight service and cannot wait for the

Quoting JAAlbert (Reply 13):
Aloha quit, you could get a round trip coach fare between SAN - HNL on HA for a bit over $400. Now the ticket is typically in the range of $650, and higher on some days.

And on the SEA-HNL route you can get a fare of 350-400 return on HA. I flew them down just a couple weeks ago, loved the flight and the fare was only 374, would have been cheaper but since i live in vancouver we decided to take the SEA-OGG-HNL-SEA routing since the OGG flight leaves later giving more time to drive to SEA. I beleieve the fare would have been 354 SEA-HNL return. granted i bought the ticket in December, but still found the same price right upto the day before our flight was to depart, then flights were full though


User currently offlineMrSkyGuy From United States of America, joined Aug 2008, 1214 posts, RR: 3
Reply 18, posted (4 years 10 months 3 weeks 3 days 18 hours ago) and read 3854 times:

Quoting BMI727 (Reply 10):
So is Allegiant. The key isn't necessarily getting the highest yields and the premium business pax. The key is knowing what they are and being good at it. HA and G4 are two of the best at that. If they stay true to what they are, evolving with the times and seeking new opportunities of course, I expect that they will see continued success.
Quoting BMI727 (Reply 14):
It isn't uncommon to hear similar comments about Allegiant. This has to be by far the cheapest way to win passengers over.

You've got quite a bit to say about Allegiant.. the only thing they share in common is the "leisure" destination mantra, but otherwise their business models are entirely different.

Funny you mention them, however.. I would rank Allegiant as Hawaiian's #1 low-cost threat in the future. Why? I don't think they picked up LAX purely for population density.. I wouldn't be shocked one bit if Allegiant picked up a few 757s and began flights to Hawaii to connect to the LAX focus city. Hawaiian's success won't go unnoticed.



"The strength of the turbulence is directly proportional to the temperature of your coffee." -- Gunter's 2nd Law of Air
User currently offline777STL From United States of America, joined Dec 2004, 3782 posts, RR: 3
Reply 19, posted (4 years 10 months 3 weeks 3 days 17 hours ago) and read 3811 times:

w00t Hawaiian. Can't wait to fly you in July.


PHX based
User currently offlineBMI727 From United States of America, joined Feb 2009, 15841 posts, RR: 27
Reply 20, posted (4 years 10 months 3 weeks 3 days 12 hours ago) and read 3672 times:

Quoting MrSkyGuy (Reply 18):
but otherwise their business models are entirely different

I didn't say that they have similar business models. What they are is two airlines that have a niche and know their niche. The fact that both are very successful in their niche is not a coincidence.



Why do Aerospace Engineering students have to turn things in on time?
User currently offlineha763 From United States of America, joined Jan 2003, 3673 posts, RR: 5
Reply 21, posted (4 years 10 months 3 weeks 3 days 9 hours ago) and read 3576 times:
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Quoting Pohakuloa (Reply 4):
Also meals included on every trans-oceanic flight and complimentary refreshment on inter-island flights, no BOB food with that extra cost attached to them.

Actually, HA does have BOB in addition to a complimentary meal. They call it "Premium Meal" instead of BOB. If you want something other than the cold complimentary meal, you usually have a choice of 2 premium meals, which are sold for $10. They also sell movie theater sized snacks.

Quoting MrSkyGuy (Reply 18):
I would rank Allegiant as Hawaiian's #1 low-cost threat in the future. Why? I don't think they picked up LAX purely for population density.. I wouldn't be shocked one bit if Allegiant picked up a few 757s and began flights to Hawaii to connect to the LAX focus city. Hawaiian's success won't go unnoticed.

Could Allegiant become a competitor? Sure, but I doubt that there will be much impact at LAX. LAX already has the most flights and competition of all the mainland-Hawaii routes. We have HA, AA, UA, CO, DL all with multiple daily departures and service to 4 of the Hawaiian Islands.


User currently offlineHAL From United States of America, joined Jan 2002, 2572 posts, RR: 53
Reply 22, posted (4 years 10 months 3 weeks 3 days 7 hours ago) and read 3520 times:

Quoting ha763 (Reply 21):
If you want something other than the cold complimentary meal, you usually have a choice of 2 premium meals, which are sold for $10.

Actually the free meals include a choice of a hot pasta meal or a cold turkey sandwich.

HAL



One smooth landing is skill. Two in a row is luck. Three in a row and someone is lying.
User currently offlineMrSkyGuy From United States of America, joined Aug 2008, 1214 posts, RR: 3
Reply 23, posted (4 years 10 months 3 weeks 2 days 19 hours ago) and read 3324 times:

Quoting ha763 (Reply 21):
Could Allegiant become a competitor? Sure, but I doubt that there will be much impact at LAX. LAX already has the most flights and competition of all the mainland-Hawaii routes.

See, that's hard to tell. Allegiant would only do it [in my every-so-humble opinion] if they could operate the route at a fraction of the fares being offered today. Imagine the impact if Allegiant entered the system with high-density all-Y 757s through LAX, at rates below $100? It sounds nuts, but so did the route structure they are operating today. The reality is, Allegiant is able to subsidize their operation in some part thanks to a broader perspective of Allegiant being a "travel company" vs. just an airline.

I wonder what HA would do in the face of such competition? I personally would prefer the HA product, but the fare comparison would be difficult to overlook.



"The strength of the turbulence is directly proportional to the temperature of your coffee." -- Gunter's 2nd Law of Air
User currently offlineha763 From United States of America, joined Jan 2003, 3673 posts, RR: 5
Reply 24, posted (4 years 10 months 3 weeks 2 days 17 hours ago) and read 3243 times:
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Quoting HAL (Reply 22):
Actually the free meals include a choice of a hot pasta meal or a cold turkey sandwich.

Every flight I have taken since the introduction of the premium meals has had only a cold complimentary meal. Last time it was a roast beef sandwich.


25 HALFA : All morning departures on Hawaii to Mainland and Mainland to Hawaii flights are catered with a complimentary hot breakfast burrito. Afternoon departu
26 B767400ER : Way to go Hawaiian!! I'll be on you guys a few more times this year, out of SAN.
27 HAL : The problem for Allegiant is the cost of operating ETOPS flights. It's one thing to run older (paid for) MD-80's across the mainland. It's completely
28 A346Dude : Congrats to HA. I always love it when airlines make money... too bad it's so rare.
29 frmrCAPCADET : Is this yet another one of the exceptions that airlines can actually make profit? And just coincidental that HA seems to have earned a reputation for
30 BNE : Take away you biggest competitor then of course Hawaiian should make a profit.
31 AirCanada014 : That is a great news for the airline, I'm glad they are still flying and representing the island of Hawaii. I hope someday to try out their airline.
32 HAL : Are you talking about Aloha? Interisland is less than 25% of our business - yet we were making money before AQ folded, just as we're making money aft
33 MrSkyGuy : I'd argue that 20-30% is an enormous chunk of change. The real key is this.. what's HA's profit margin?
34 A342 : Could you guesstimate what percentage of the total profit was generated by interisland flying?
35 ha763 : I guess I've been "unlucky" when it comes to the new meal service. However, I'm not complaining. When there was a choice between the hot meal and the
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