Hawaiian Holdings records income growth in Q1 2014

23 April 2014

Hawaiian Holdings, Inc. (NASDAQ: HA), parent company of Hawaiian Airlines, Inc., said it has reported operating income grew to USD10.0m in the first quarter of 2014, compared to an operating loss of USD11.9m in the prior year period.

GAAP net loss in the first quarter of USD5.1m or USD(0.10) per diluted share compared to a loss of USD17.1m in the prior year period or USD(0.33) per diluted share.

Adjusted net loss, reflecting economic fuel expense, in the first quarter of USD0.9m or USD(0.02) per diluted share compared to USD14.8m in the prior year period or USD(0.29) per diluted share.

Unrestricted cash, cash equivalents and short-term investments of USD479m compared to USD438m in the prior year period.

Now in its 85th year of continuous service, Hawaiian is Hawai´i´s biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the US mainland. Additional information is available at HawaiianAirlines.com.

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