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Saturday, August 23, 2014         

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Hawaiian Airlines posts lower earnings, seeks Haneda-Kona route

By Dave Segal

POSTED:



Hawaiian Airlines' earnings fell nearly 11 percent in the third quarter as the strengthening U.S. dollar hurt the company's foreign exchange conversions from its international routes.

Net income for parent company Hawaiian Holdings Inc. fell to $40.6 million, or 76 cents a share, from $45.5 million, or 86 cents a share, a year earlier.

Revenue rose 9.1 percent to $599.3 million from $549.3 million.

The state's largest carrier also said today it is renewing its bid to offer nonstop service between Haneda International Airport in Tokyo and Kona. Hawaiian said it will file an application with the U.S. Department of Transportation on Thursday to try to ascertain a slot that will become available in the wake of American Airlines' decision to discontinue service on Dec. 1 between Haneda route and John F. Kennedy International Airport in New York. 






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