Hawaiian Holdings, parent of Hawaiian Airlines, reported net income of $855,000 in the three months ended March 31, an almost fourfold improvement over a profit of $216,000 in the year-ago period as $8.4 million in gains on fuel derivative contracts offset a 56% rise in fuel costs between the two quarters. Hawaiian President and CEO Mark Dunkerley said, “In the first quarter, the company did a good job of mitigating the effects of the rising cost of fuel and the tragedy in Japan. ...

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