HONOLULU — Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., on Tuesday reported adjusted net income, reflecting economic fuel expense, in the third quarter of $49.5 million or 79 cents per diluted share, an increase of $12.7 million or 10 cents per diluted share year-over-year.
“We are pleased with our 35 percent improvement in adjusted net income for the third quarter versus last year,” said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. “Strong demand across each of our main geographies, the impact of several new routes maturing and a favorable cost environment combined in this last quarter to bolster our results. Assuming these conditions continue and allowing for the uncertainties of competitor behavior, we look forward to continued improvements in the remainder of the year.”
Third quarter highlights included:
– Announced new service from San Francisco to Maui beginning November 2014.
– Operated Los Angeles to Kona, three-times-weekly, and Los Angeles to Lihue, four-times-weekly, summer seasonal service through the beginning of September.
– Operated Oakland to Kona, three-times-weekly and Oakland to Lihue, four-times-weekly, summer seasonal service through the beginning of September.
– Operated Los Angeles to Maui second daily summer seasonal service through the beginning of September.