Sunday, May 19, 2013
Hawaiian Airlines loses $3.4 million in quarter
POSTED: 11:12 a.m. HST, Jan 29, 2013
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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Sunny wrote:
Not collecting enough baggage fees?
on January 29,2013 | 11:17AM
scooters wrote:
You can bet that they will soon be raising them for sure...
on January 29,2013 | 11:20AM
shshimizu wrote:
Won't be surprised if they start charging more for aisle seats, and increasing checked baggage fees again. Can't wait for Southwest to arrive and give them real competition.. FYI Southwest does not charge for the 1st checked bag.
on January 29,2013 | 11:31AM
Surfer_Dude wrote:
Or to change your reservation.
on January 29,2013 | 06:01PM
otoko wrote:
As our state's largest inter-island carrier, I really wish HA allows the traveler a break from the baggage fees -- and offer discounted prices for those with proof of residency. HA is just about our only means of convenient transport between the islands, they dominate the inter-island air market here. Remember your home grown roots, PLEASE!
on January 29,2013 | 12:00PM
false wrote:
Supper ferry would have HELPEd a lot.
on January 29,2013 | 06:14PM
Uncleart66 wrote:
Over hire.....too many expensive planes flying to nowhere.....He got his golden contract last
month....time for the real numbers..... yen gone from 70 to 90 .sell sell sell
on January 29,2013 | 12:45PM
Ripoff wrote:
Who cares they made way more in previous quarters...
on January 29,2013 | 12:55PM
cojef wrote:
Over zealous expansion can come back to haunt you. A crap game for sure if you don't do your home-work. Bigness in every instance does not equate to large profits. Efficiency is the answer, revenue over costs, plain and simple.
on January 29,2013 | 04:19PM
cojef wrote:
oops sent for approval for just stating a plain business sense. Guess it does not please SA if you critic Hawaiian over expansion plans.
on January 29,2013 | 04:20PM
opalaedo wrote:
The airline overestimated its own appeal and power in the Japanese market where the flights serving Fukuoka and Sapporo are not doing so well. Plus, the flights from Haneda Airport in Tokyo to Honolulu are higher than rival carriers.
on January 29,2013 | 04:21PM
false wrote:
Why would anyone fly Hawaiian to Japan. They have smalle planes and bad service
on January 29,2013 | 06:15PM
nitestalker4 wrote:
wait.....they made $53 MILLION in baggage fees last year and now they have a $3 million loss in one quarter? SOMEBODY'S COOKING THE BOOKS! ! ! ! ! ! ! ! ! ! !
on January 29,2013 | 05:29PM
jakwa wrote:
Ha! They gotta start paying for those A-330s this month...
on January 29,2013 | 05:55PM
false wrote:
They have expand with way to many routes and there service is starting to lack. Greed is the name of the game.
on January 29,2013 | 06:13PM
oxtail01 wrote:
Playing accounting tricks - this writer is so d...b that he didn't do any in death review of any of the reasons given to him. A third grader would have done a better article.
on January 29,2013 | 08:12PM
BlueDolphin53 wrote:
With the ridiculous fares and baggage fees they charge since becoming the defacto monopoly in this state, there is no way short of poor management, that this airline should be losing money.
on January 29,2013 | 08:41PM
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