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.