Hawaiian Holdings operating profit up 43% in 3Q2014

Hawaiian Holdings revenue up 7% - financial highlights for three months ended 30-Sep-2014:

• Revenue: USD639.5 million, +6.7% year-on-year;
• Costs: USD533.3 million, +1.6%;
• • Fuel: USD182.2 million, +0.5%;
  • Labour: USD114.5 million, +2.1%;
• Operating profit: USD106.2 million, +42.6%;
• Net profit: USD35.6 million, -12.4%;
• Passenger numbers: 2.7 million, +2.3%;
• Passenger load factor: 84.0%, +0.8 ppt;
• Operating revenue per ASM: USD 14.2 cents, +4.6%;
• Operating cost per ASM: USD 11.8 cents, -0.4%;
• Cost per ASM excl fuel: USD 7.8 cents, +0.3%. [more - original PR]

Hawaiian Airlines: "We are pleased with our 35% improvement in adjusted net income for the third quarter versus last year. Strong demand across each of our main geographies, the impact of several new routes maturing and a favorable cost environment combined in this last quarter to bolster our results. Assuming these conditions continue and allowing for the uncertainties of competitor behavior, we look forward to continued improvements in the remainder of the year," Mark Dunkerley, President and CEO. Source: Company statement, 21-Oct-2014.