Hawaiian Airlines reports $122 million loss for Q4 2023

Hawaiian Holdings, parent company of Hawaiian Airlines, reported an adjusted net loss of $122.7 million for the fourth quarter of 2023 while its full year adjusted net loss for 2023 was $313.5 million. Adjusted losses stood at $2.37 per share for the fourth quarter and adjusted losses of $6.08 per share for the full year. Total operating revenue for the fourth quarter fell to $669 million, down 8.5% from $731 million in the fourth quarter of 2022 on 3.3% higher capacity. Full year total revenue was up 2.8% from $2.6bn in 2022 to $2.7bn in 2023 on 8.1% higher capacity.