19-Oct-2016 1:12 PM
Hawaiian Holdings reports 12% operating profit growth in a 'great quarter in a good year'
Hawaiian Holdings revenue up 6% - financial highlights for three months ended 30-Sep-2016:
- Total operating revenue: USD671.8 million, +6.3% year-on-year;
- Total operating costs: USD498.0 million, +4.4%;
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- Labour: USD141.4 million, +12.3%;
- Fuel: USD94.8 million, -10.1%;
- Operating profit: USD173.9 million, +12.4%;
- Net profit: USD102.5 million, +46.3%;
- Passenger numbers: 2.9 million, +3.0%;
- Passenger load factor: 85.2%, +1.9 ppt;
- Operating revenue per ASM: USD 13.73 cents, +1.3%;
- Operating cost per ASM: USD 10.17 cents, -0.6%;
- Cost per ASM excl fuel: USD 8.23 cents, +3.3%;
- Unrestricted cash, cash equivalents and short-term investments: USD694 million. [more - original PR]
Hawaiian Holdings: "It's been a great quarter in a good year so far. Low fuel prices, strong demand in our geographies and moderate industry capacity growth combined to create a positive environment for our business," Mark Dunkerley, President and CEO. Source: Company statement, 18-Oct-2016.