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Hawaiian Airlines operating profit up 23% in 3Q2012

24-Oct-2012 1:09 PM

Hawaiian Airlines revenue up 21% - financial highlights for three months ended 30-Sep-2012:

  • Revenue: USD549.3 million, +20.5% year-on-year;
  • Operating costs: USD474.4 million, +20.1%;
    • Fuel: USD165.8 million, +21.9%;
    • Labour: USD93.4 million, +13.4%;
  • Operating profit: USD74.9 million, +22.9%;
  • Net profit: USD45.5 million, +77.6%;
  • Passenger traffic (RPMs): +25.2%;
  • Passenger load factor: 83.3%, -1.9 ppt;
  • Operating revenue per ASM: USD 13.56 cents, -5.8%;
  • Operating cost per ASM: USD 11.71 cents, -6.1%;
  • Cost per ASM excl fuel: USD 7.62 cents, -6.8%;
  • Unrestricted cash and cash equivalents: USD433.5 million. [more – original PR]

Hawaiian Airlines: “Demand for the Hawaii vacation remains strong in North America and Asia. Over the course of the next six months we are looking forward to the start of new flights from Honolulu to Sapporo, Brisbane and Auckland where we will be the only US carrier service,” Mark Dunkerley, president and CEO. Source: Company statement, 23-Oct-2012.