Hawaiian Airlines reports $5.1 million loss for first quarter

Hawaiian Airlines
Hawaiian Airlines

Hawaiian Holdings, the parent company of Hawaiian Airlines, issued their 2014 first quarter financial report showing a $5.1 million loss.

This is compared to a $17.1 million loss in the prior year period.

Hawaiian Airlines president and chief executive officer Mark Dunkerley said in the press release:

“Our first quarter results were markedly improved in this seasonally weak period. Good cost control and strong performance from our domestic network helped offset the impact of unfavorable exchange rate changes which weighed on our international business. Strong levels of demand throughout leave us encouraged that the improvements seen these last six months will continue for the remainder of 2014.”

The company highlighted their 10 straight years of being ranked first in on-time performance, their code-share agreement with Air China, and the following new routes and increased frequencies:

  • Honolulu to Brisbane service from three-times-weekly to four-times-weekly in March.
  • Honolulu to Beijing, China service three-times-weekly in April.
  • ‘Ohana by Hawaiian, turboprop operation, service from Honolulu to Moloka‘i and Lana‘i in March.
  • Reintroduction of daily non-stop service from Honolulu to San Jose, beginning in May 2014.
  • Daily non-stop service from Maui to Los Angeles, to begin in May 2014 and a second daily, seasonal service on this route for eight weeks this summer.
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