The financially successful carrier has grown "at an incredible rate" since leaving bankruptcy in '05
POSTED: 01:30 a.m. HST, Nov 11, 2012
~~<p>Since the dark days of bankruptcy nearly a decade ago, Hawaiian Airlines has never been in better shape — either financially or structurally.</p>
Since the dark days of bankruptcy nearly a decade ago, Hawaiian Airlines has never been in better shape — either financially or structurally.
The state's largest and oldest carrier, which turns 83 today, had $433.5 million in unrestricted cash at the end of the third quarter. It is changing its long-range fleet to larger and more efficient Airbus A330-200s from Boeing 767-300ERs, and is in the midst of expanding to eight new mainland and international cities in an approximately two-year span. All of its labor groups are under contract, and it has more than 80 percent of the interisland passenger market after the shutdown of Aloha Airlines in March 2008. Login for more...