Hawaiian Airlines reported a net profit of $102.5 million for the third quarter, up 46% from a net profit of $70 million in the year-ago quarter. Lower fuel prices, moderating competition on routes to the US mainland and robust demand were cited as factors in the improved profit. Passenger revenue rose 6.2% year-on-year, with passenger unit revenue up 1.3% and yield declining 1%. Traffic increased 7.3% on a 4.9% capacity gain. Total operating costs were up 4.4%, despite a 10% drop in fuel ...

Subscribe to Access this Entire Article

"Hawaiian Airlines’ net profit up 46% in 3Q" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.