Hawaiian Airlines' bullish outlook is underpinned by slowing growth and a bolstered balance sheet

Moderating growth, maturing markets and less intense capital commitments are some of the main drivers of Hawaiian Airlines' positive outlook for CY2015 that includes margin expansion and cost control.

After rapid long-haul international expansion that commenced in CY2010, Hawaiian during 2014 has entered into a slower growth period that should provide space for the airline to continue strengthening its balance sheet and meet its stated liquidity and leverage targets.

As it takes a breather from its ambitious network transformation, Hawaiian is scrutinising the role new Airbus narrowbodies will play in its route structure once the aircraft come online beginning in CY2017.