Airline’s warning on fares signals cheaper flights to Hawaii
Hawaiian Holdings cut its outlook for a key revenue measure, citing low fares and sluggish demand -- the second US airline to issue a gloomy forecast in as many days. “Year-over-year visitor growth from North America to Hawaii remains positive, but at a slower pace than industry capacity growth,” the parent of Hawaiian Airlines said Wednesday. Revenue for each passenger flown a mile will decline 3% to 5% this quarter, the carrier said. It previously estimated that the figure would drop no more than 2.5%. The update came a day after Delta Air Lines said so-called unit revenue would increase 3.5%, pared from a previous outlook of as much as 5%. The twin warnings stir uncertainty about how the quarter will play out for the industry. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-12-06/unaligned/airline2019s-warning-on-fares-signals-cheaper-flights-to-hawaii
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Airline’s warning on fares signals cheaper flights to Hawaii
Hawaiian Holdings cut its outlook for a key revenue measure, citing low fares and sluggish demand -- the second US airline to issue a gloomy forecast in as many days. “Year-over-year visitor growth from North America to Hawaii remains positive, but at a slower pace than industry capacity growth,” the parent of Hawaiian Airlines said Wednesday. Revenue for each passenger flown a mile will decline 3% to 5% this quarter, the carrier said. It previously estimated that the figure would drop no more than 2.5%. The update came a day after Delta Air Lines said so-called unit revenue would increase 3.5%, pared from a previous outlook of as much as 5%. The twin warnings stir uncertainty about how the quarter will play out for the industry. <br/>
