Good Year, Strong Finish for Hawaiian

February 1, 2011, 3:36 PM HST · Updated February 1, 10:30 PM
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By Sonia Isotov

Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., today reported operating revenue increase of 16% to $34.8 million and operating income increase of 39% to $22.4 million over the same quarter a year ago.

For the full year 2010, the Company reported a 15% increase in operating income of $91.3 million compared with $107.5 million for the full year 2009.  

Hawaiian Airlines was rated the nation’s #1 carrier for service quality and performance for 2009 in the 20th annual Airline Quality Rating study and also ranked #1 for on-time performance as reported by the U.S. Department of Transportation Air Travel Consumer Report for every month reported in 2010 (January-November).

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“These fourth quarter results round out another good year for Hawaiian Airlines.  In 2010, our strong financial performance enabled us to start service on two new international routes, take delivery of the first three of 16 new Airbus widebody aircraft and replace our expiring credit facilities on favorable terms.  At the start of 2011 we are well positioned to continue to grow into the rapidly developing travel market in Asia.  Closer to home, our fine team of employees continues to do an outstanding job of providing safe, efficient and the very best service on the routes we fly between the US mainland and Hawaii and in the Hawaii interisland market,” commented Mark Dunkerley, the Company’s president and chief executive officer.

Other 2010 highlights for Hawaiian Holdings included:

  • Hawaiian took delivery and placed into revenue service three Airbus A330-200 aircraft
  • Hawaiian expanded international services with a new daily nonstop route from Hawaii to Japan’s Haneda (Tokyo) International Airport that began in November 2010
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