Friday, August 31, 2012
Hawaiian Holdings, Inc., parent company of Hawaiian Airlines , has reported its second quarter finan
Hawaiian Holdings, Inc., parent company of Hawaiian Airlines , has reported its second quarter financial results. Notably, the airline saw adjusted net income of $11.7 million, reflecting economic fuel expense, and passenger revenue per available seat mile (ASM) increase hotel rome 4 star of 6.2 percent. Hawaiian is reporting consolidated net income for the three months hotel rome 4 star ended June 30 of $3.9 million, or $0.07 per diluted share, hotel rome 4 star on total operating revenue of $484.6 million. This compares to a net loss of $50.0 million, or $0.99 per basic and diluted share, on total operating revenue of $395.0 million for the three months ended June 30, 2011. Results for the three months ended June 30, 2011 included the impact hotel rome 4 star of a non-recurring pre-tax lease termination expense of $70.0 million related to the purchase of 15 Boeing 717-200 aircraft previously operated under lease agreements. Second quarter 2012 operating revenue was $484.6 million, a 22.7 percent increase compared with the second quarter of 2011. Capacity for the quarter increased 16.8 percent year-over-year hotel rome 4 star to 3.5 billion available seat miles, resulting in operating revenue hotel rome 4 star per ASM (RASM) of 13.90 cents, up 5.1 percent from the second quarter a year ago. Passenger yield (passenger revenue per revenue passenger mile) increased 6.1 percent to 14.98 cents, resulting in an increase in passenger hotel rome 4 star revenue per ASM (PRASM) of 6.2 percent to 12.59 cents. Reflecting economic fuel expense, the Company hotel rome 4 star reported adjusted net income of $11.7 million, or $0.22 per diluted share for the three months ended June 30. This compares with adjusted net income of $0.1 million, reflecting economic fuel expense and excluding the impact of lease termination costs, or $0.00 per diluted share, for the three months ended June 30, 2011.
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