Hawaiian Airlines profit climbs 1% in second quarter
Hawaiian Airlines earnings rose just over 1 percent during the second quarter of 2017.
Hawaiian Holdings Inc., the parent company of the state’s largest carrier, reported today that it had net income of $80.4 million, or $1.50 per share, compared with $79.6 million, or $1.48 per share, in the same period a year ago. Revenue rose 13.6 percent to just over $675 million from nearly $595 million in the second quarter of 2016.
Hawaiian had an adjusted net income of $85.3 million, or $1.58 a share.
“Our string of outstanding results continued into the second quarter,” said Mark Dunkerley, Hawaiian Airlines president and CEO, in a statement. “These results have come courtesy of strong demand for the Hawaii vacation, low fuel prices, moderate industry capacity, and an excellent job done by my colleagues in finding new ways to strengthen our performance. My thanks go to all of Hawaiian’s employees who contributed to our terrific financial and operational performance.”
Hawaiian, which is in its 88th year of service, offers nonstop service to Hawaii from 11 U.S. cities, along with service from Japan, South Korea, China, Australia, New Zealand, American Samoa and Tahiti.