Hawaiian Airlines says profit-sharing payout nearly $24M for 2017
June 19, 2018 | 86° | Check Traffic

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Hawaiian Airlines says profit-sharing payout nearly $24M for 2017

  • CRAIG T. KOJIMA / ckojima@staradvertiser.com

    Hawaiian Airlines executives say the company has distributed nearly $24 million to company employees in 2017 as part of a profit-sharing program.

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Hawaiian Airlines announced today that its employees were awarded $23.8 million as part of the company’s profit sharing, its largest annual payment ever.

Airline officials said the profit-sharing payout comes after a “record-setting operational and financial year” that its more than 6,700 employees helped to achieve over 2017. On top of the profit shares, employees also received bonuses. The company said the profit shares and bonus payments combined were equivalent to about five percent of employees’ 2017 wages.

“Our profit sharing program recognizes that our team members across the company drive our success,” said Hawaiian Airlines President and CEO Peter Ingram in a news release. “We’ve been expanding for several years now, but 2017 truly was a remarkable year.

The news comes shortly after Hawaiian Airlines announced a deal to purchase 10 of Boeing Co.’s 787 Dreamliners, which it expects to use for flights to Asia and long-haul service to the U.S. mainland.

Since Hawaiian Airlines started its profit-sharing program in 2009, the company has distributed a total of $81.5 million to its part- and full-time employees, officials said.

Ingram said in addition to continuing to grow its fleet and network over the past year, Hawaiian Airlines opened a 295,800-square-foot cargo and maintenance hanger and hired 954 additional employees.

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