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Hawaiian Airlines loses $5.1 million in quarter

By Dave Segal

POSTED:
LAST UPDATED: 01:08 p.m. HST, Apr 22, 2014


Hawaiian Airlines said Tuesday that cost control and its domestic operations helped narrow its loss to $5.1 million in the seasonally weak first quarter.

In the year-earlier period, the state's largest carrier lost $17.1 million.

Hawaiian, which added a turboprop operation in March to Molokai and Lanai, said its revenue during the quarter rose 6.9 percent to $524.9 million from $490.8 million.

Its loss per share during the January to March period was 10 cents compared with a loss of 33 cents a share in the first quarter of 2013.

Hawaiian President and CEO Mark Dunkerley said unfavorable exchange rate changes weighed on the airline's international business.






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Manoa_Fisherman wrote:
Here we go again, losses keep piling up and soon bankruptcy will be coming around the corner again.
on April 22,2014 | 11:34AM
Uncleart66 wrote:
Expanding too fast..........
on April 22,2014 | 11:40AM
localguy wrote:
CEO Mark Dunkerley will do anything to spin HA's failures on other areas versus being his fault. As the CEO, he is directly responsible for everything happening to HA. This $5.1 million in the seasonally weak first quarter must be remembered when it comes to his asking for another multimillion dollar bonus. Clearly no bonus deserved this year. Perhaps a pay cut would be more appropriate. Can't handle the pressure, find a new job.
on April 22,2014 | 12:03PM
twitter6 wrote:
Indeed. Don't chase the waterfalls
on April 22,2014 | 12:04PM
Readitnow wrote:
Obviously, you guys don't have a clue.
on April 22,2014 | 12:45PM
Mensore wrote:
Hawaiian has now tried for years to "build" its revenue out of the tiny margin mainland-to-Hawaii market and the never growing inter-island market. These moves have looked, at best, not well planned. Taiwan, Philippines anyone? How long will Beijing last?
on April 22,2014 | 01:07PM
jomama wrote:
Dude they made $51 million last year. Obviously Dunkerly knows something you don't.
on April 22,2014 | 07:17PM
environmental_lady wrote:
The airline will lose more if they cut corners on safety and security.
on April 22,2014 | 01:24PM
usahwn wrote:
CEO got 5 million raise 1st qtr
on April 22,2014 | 01:59PM
scuddrunner wrote:
Hawaiian has lost the idea of taking care of the paying passenger and offering nothing more than a "cattle flight" to your destination, as they nickel and dime you to death. Look what Alaska Airlines is doing. They are remodeling the whole inside of their planes with new overhead bins, carpeting and really nice Recaro seats.
on April 22,2014 | 02:21PM
environmental_lady wrote:
Until last week I would have taken Hawaiian Airlines over Alaska Airlines any time. Hawaiian had a perfect safety record while Alaska Airlines had two air crashes in its history. However, I lost faith last week when they flew planes with known defective thrust reversers that could have caused a fatal crash if they got detached. You are thus right that Hawaiian lost the idea of taking care of paying passengers and their safety. I wouldn't mind flying like cattle as long as the flight was safe. I now question their safety culture and don't know whom to trust.
on April 22,2014 | 09:00PM
808ikea wrote:
The problem with Hawaiian is their administrative overhead is way too high. They have way too many position at bloated salary ranges.
on April 22,2014 | 02:27PM
environmental_lady wrote:
Well, I read a lot of complaints from Yelp and Elliott websites. It's time they improve both their customer relations and their recent safety lapse. I fear that growing deficits will force them to cut corners even more!
on April 22,2014 | 02:35PM
control wrote:
Yet google Hawaiian Airline profits and get numerous hits on how much profit their parent company was 'earning'. Last April also showed a loss and routes were cut. Real profit or just on paper to attract investors?
on April 22,2014 | 03:05PM
BuhByeAloha wrote:
Some people bash Hawaiian if they make a profit "They charge too much for one ticket bra" and turn around a bash them when they lose money in a quarter "Dunkerly shouldn't get a paycheck". Who writes this stuff? Business executives during their lunch hour?
on April 22,2014 | 05:51PM
SteveToo wrote:
How long can they fly and keep loosing money? Hope until my flight in May is over.
on April 22,2014 | 06:02PM
huponews wrote:
When you keep expanding your routes....be careful for what you ask for. With the baggage fees that Hawaiians collects, you should always have a profit. Someone is messing up....think about it????
on April 22,2014 | 08:23PM
Jens3cakes wrote:
Before you get down on Hawaiian, check out how much of the cost of the ticket is taxes. You pay the same for the ticket as you do the taxes. Now the government wants the airlines to pay for TSA? What are our taxes being used for. I'm not sure how much you travel, but I'm at the airport every other month and the money is for sure not for keeping up the appearance.
on April 22,2014 | 10:07PM
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