Hawaiian Airlines revises financial/traffic outlook for 3Q2012

Hawaiian Airlines revised (09-Oct-2012) its financial and traffic guidance for 3Q2012. Details include:

• CASM (excluding fuel): -7.3% to -6.3%;
• PRASM: -6.2% to -5.2%;
• RASM: -6.3% to -5.3%;
• Passenger revenue per RPM: -4.1% to -3.1%;
• Load factor: 83.3%, -1.9 ppts;
• Capacity (ASMs): +28%. [more - original PR]

Hawaiian Airlines: "The decline in revenue guidance is primarily the result of competitive pricing on a number of specific routes that have seen high rates of industry capacity growth; the improved unit cost guidance is attributable to revenue-driven expense savings, decreased load factors, and lower than expected maintenance expense," Source: Company statement, 09-Oct-2012.