27 Apr 2010

Hawaiian Airlines manages to break even

10:57 am on 27 April 2010

Hawaiian Airlines has reported a first quarter net income of 0.2 million US dollars on total operating revenue of 298.4 million dollars.

Compared with the same period last year, the company had a net income of 23.5 million, on total operating revenue of 288.6 million.

The company says it had an operating income of 5.6 million dollars for the first three months of the 2010, compared with 35.9 million in the prior year period.

Hawaiian President and CEO Mark Dunkerley says despite substantially higher fuel costs and inflationary pressures on other cost lines, the company managed to break even in what is customarily the weakest quarter of the year.