Hawaiian Holdings, Inc., parent company of Hawaiian Airlines reported second quarter financial results of net income of $27.3 million or 43 cents per diluted share, and adjusted net income reflecting economic fuel expense of $22.4 million or 35 cents per diluted share.
This is an increase of $9.7 million or 11 cents per diluted share year-over-year, the announcement said.
“The same trajectory of substantially improving financial performance was evident in the second quarter as it has been over the last few quarters,” said Hawaiian Airlines President and CEO Mark Dunkerley. “Strong demand across our geographies, good macro-economic conditions, stable fuel prices and good cost control inside the business all played their part.”
Dunkerly said that absent changes to the environment or competitor behavior, Hawaiian Airlines prospects look similar for the next quarter.
As of June 30, it reported $564 million in unrestricted cash, equivalents and short-term investments.