Hawaiian Airlines loses $3.4 million in quarter
COURTESY HAWAIIAN AIRLINES
Hawaiian Airlines’ parent company said today it posted a $3.4 million loss in the fourth quarter as a weakening yen, excess capacity in some markets and an accounting charge depressed earnings.
The state’s oldest and largest carrier, which has been rapidly expanding over the last two-plus years, had a profit of $20.9 million in the year-earlier quarter.
Revenue, though, jumped 13.6 percent to $493 million from $433.8 million.
