Hawaiian Airlines posts $80m 2Q net profit
Hawaiian Airlines reported a Q2 net profit of US$79.6m, up 62.9% from $48.8m in the year-ago quarter. CE Mark Dunkerley said the results were driven by “moderate industry capacity through the majority of our network [and] lower fuel costs.” Operating revenue was up 4.1% to $594.6m while expenses were down 0.9% YOY to $475.7m, producing operating income of $118.9m, up 30%. RASM for the quarter was 13.06 cents, up 1.6% YOY. Traffic increased 7.2% YOY to 3.85b RPMs on a 2.5% YOY increase in capacity to 4.55 billion ASMs. Passenger load factor was 84.5%, up 3.79 points YOY. Yield was down 3.2% YOY to 13.48 cents. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-07-25/unaligned/hawaiian-airlines-posts-80m-2q-net-profit
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Hawaiian Airlines posts $80m 2Q net profit
Hawaiian Airlines reported a Q2 net profit of US$79.6m, up 62.9% from $48.8m in the year-ago quarter. CE Mark Dunkerley said the results were driven by “moderate industry capacity through the majority of our network [and] lower fuel costs.” Operating revenue was up 4.1% to $594.6m while expenses were down 0.9% YOY to $475.7m, producing operating income of $118.9m, up 30%. RASM for the quarter was 13.06 cents, up 1.6% YOY. Traffic increased 7.2% YOY to 3.85b RPMs on a 2.5% YOY increase in capacity to 4.55 billion ASMs. Passenger load factor was 84.5%, up 3.79 points YOY. Yield was down 3.2% YOY to 13.48 cents. <br/>
