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Hawaiian continues western expansion on profitable year

Analysis

Fresh from the dual successes of new service to Tokyo-Haneda and South Korea's Incheon, Hawaiian Airlines posted consolidated net income of USD110.3 million on total operating revenues of USD1.3 billion for 2010. The airline benefitted from USD62.5 million in tax adjustments, without which the carrier would otherwise have finished the year with USD45 million in net income. The 2010 statistics were down from the USD116.7 million profit (with the tax adjustment) or USD64.8 million, without it for 2009.

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