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Hawaiian Airlines loses $3.4 million in quarter

By Dave Segal

POSTED:
LAST UPDATED: 01:57 p.m. HST, Jan 29, 2013


Hawaiian Airlines’ parent company said today it posted a $3.4 million loss in the fourth quarter as a weakening yen, excess capacity in some markets and an accounting charge depressed earnings.

The state’s oldest and largest carrier, which has been rapidly expanding over the last two-plus years, had a profit of $20.9 million in the year-earlier quarter.

Revenue, though, jumped 13.6 percent to $493 million from $433.8 million.






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