5-Feb-2010 2:34 PM
Hawaiian Airlines revenue down 1.2%, operating profit down 58% in 4Q2009
Hawaiian Airlines revenue down 1.2% - financial/traffic highlights:
- Three months ended 31-Dec-2009:
- Total operating revenue: USD297.0 million, -1.2% year-on-year;
- Total operating cost: USD280.9 million, +7.1%;
- Fuel: USD70.6 million, -10.5%;
- Labour: USD70.0 million, +18.8%;
- Operating profit: USD16.1 million, -57.7%;
- Net profit: USD35.0 million, compared to a loss of 11.9 million in the previous corresponding period;
- Passenger traffic (RPMs): +4.4%;
- Passenger load factor: 84.4%, +4.0 ppts;
- Operating revenue per ASM: USD 12.47 cents, -0.7%;
- Operating cost per ASM: USD 11.79 cents, +7.6%;
- Cost per ASM excl fuel: USD 8.83 cents, +15.1%;
- 12 months ended 31-Dec-2009:
- Total operating revenue: USD1,183 million, -2.3%;
- Total operating cost: USD1,076 million, -3.6%;
- Fuel: USD243.9 million, -42.5%;
- Labour: USD272.6 million, +12.3%;
- Operating profit: USD107.5 million, +17.0%;
- Net profit: USD116.7 million, +308.3%;
- Passenger traffic (RPMs): +3.7%;
- Passenger load factor: 83.9%, +1.3 ppt;
- Operating revenue per ASM: USD 12.18 cents, -4.4%;
- Operating cost per ASM: USD 11.07 cents, -5.9%;
- Cost per ASM excl fuel: USD 8.56 cents, +8.9%. [more]
Hawaiian Airlines: "Full year 2009 operating revenue was $1.183 billion, a 2.3% decrease compared with full year 2008. Capacity for the year increased 2.2% year over year to 9.7 billion available seat miles (ASMs), resulting in operating revenue per ASM (RASM) of 12.18 cents, down 4.4% from 12.73 cents in 2008. Load factor increased to 83.9% from 82.6% in 2008. Passenger yield (passenger revenue per revenue passenger mile) decreased 9.5% to 12.77 cents from 14.10 cents in 2008," Company statement. Source: Hawaiian Airlines, 04-Feb-2010.