News Column

BRIEF: Hawaiian Airlines' parent soars to $17.1 million profit in quarter

January 28, 2014

By Dave Segal, The Honolulu Star-Advertiser

Jan. 28 --The parent company for Hawaiian Airlines ended 2013 on a strong note as the state's largest carrier swung to a $17.1 million profit in the fourth quarter after losing $3.4 million in the year-earlier period. Hawaiian Holdings Inc. boosted its revenue 7.9 percent to $531.9 million from $493 million . The state's largest carrier had earnings of 31 cents a share compared with a loss of 7 cents a share in the year-earlier period. "The fourth quarter's results continued the trend in improving financial performance after a difficult start to the year," Mark Dunkerley , president and chief executive officer of Hawaiian, said today. "Demand remains strong in our markets and we have strategies to mitigate cost pressures." Hawaiian's stock closed off 4 cents today at $10.29 on the Nasdaq Stock Market before the results were announced. ___ (c)2014 The Honolulu Star-Advertiser Visit The Honolulu Star-Advertiser at www.staradvertiser.com Distributed by MCT Information Services


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Source: Honolulu Star-Advertiser (HI)


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