Aloha Airlines yesterday confirmed press reports of a $15.1 million loss in the third quarter, widened from a $9.9 million deficit in the year-ago period. The carrier now has suffered a loss in each of the past 16 quarters, the Honolulu Star-Bulletin calculated. Third-quarter revenue rose 4.6% to $104.4 million, but higher fuel prices and lower fares continued to plague Aloha, according to President and CEO David Banmiller. Expenses climbed 5.1% to $116.1 million and operating loss deepened ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.