Hawaiian Airlines has posted a strong set of results for the first quarter of 2012.
The airline achieved net profits of US$7.3 million in the three month period – nearly 750% more than the same period in 2011. Revenues jumped 19.1% to 435.5 million, following a 12.4% rise in passenger traffic.
“We are pleased to report a profit during a seasonally weak period when the business was nonetheless growing rapidly,” said Mark Dunkerley, Hawaiian’s President & CEO. “Despite higher fuel costs, demand for our long-haul services has stayed strong,” he added.
Hawaiian recently launched a new direct service to Fukuoka – the fourth new Asian route launched by the airline in the past 17 months. It has also been renewing its fleet with the introduction of brand new Airbus A330-200s, the sixth of which arrived in Q1 2012.