HONOLULU Hawaiian Airlines reported net income of $57.8 million, or $1.21 cents a share, for the second quarter of 2019.
HONOLULU — Hawaiian Airlines reported net income of $57.8 million, or $1.21 cents a share, for the second quarter of 2019.
“We’re encouraged by another quarter of strong performance,” said Peter Ingram, Hawaiian Airlines president and CEO, in a press release. “For the last year and a half, we’ve delivered consistently solid operational and financial results while facing heightened competitive pressures head-on.”
Hawaiian’s net income was down $21.6 million from the same quarter last year.
The company returned $25.3 million to shareholders in the second quarter through share repurchases of $19.6 million and a dividend payment of $5.7 million.
On July 19, 2019, the company’s board of directors declared a quarterly cash dividend of 12 cents per share to be paid on Aug. 30 to all shareholders of record as of Aug. 16.
These leeches are gonna get what they deserve. Lose Money!