The third quarter marked a return to form for Hawaiian Airlines. The airline reported a 55.2% increase in operating income to US$60.9 million and adjusted net income of US$30.0 million, compared to US$28.5 million last year. The increase in revenues was driven by a 16.9% rise in passenger yield and a load factor of 85.2%. The feat is all the more impressive given the 26.3% increase in operating expenses.
Mark Dunkerly, Hawaiian’s President and Chief Executive Officer, commented; “Strong demand in each of the major geographies we serve, continued cost control and some small but welcome easing of fuel prices all played a part. Particularly noteworthy has been the return of traffic on our services to Japan.”