Hawaiian Airlines’ profits surge in Q1

Hawaiian Airlines’ profits surge in Q1

Hawaiian received its sixth new A330 in Q1
Hawaiian received its sixth new A330 in Q1

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.

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