Hawaiian Airlines net income up 9%

Hawaiian Holdings, parent company of Hawaiian Airlines, has posted adjusted net income, reflecting economic fuel expense, of $36.8 million – GAAP net income of $40.6 million. Available seat miles (ASMs) increased 9% year-over-year. Passenger revenue per available seat mile (PRASM) increase of 0.2% and operating revenue per available seat per mile (RASM) increase of 0.1%. Cost per available seat mile (CASM), excluding fuel, increase of 2.1% year-over-year. CASM increase of 1.5% year-over-year. Mark Dunkerley, the Company’s President and Chief Executive Officer, said: “Our third quarter results are a good step towards improving financial performance. The tide of industry capacity between