Hawaiian Airlines reports the following financial highlights for 4Q2009
Hawaiian Holdings, Inc. (Nasdaq: HA) ("Holdings" or the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported consolidated net income for the three months ended December 31, 2009 of $35.0 million, or $0.66 per diluted share, on total operating revenue of $297.0 million. Results for the period include a non-cash one-time tax benefit of approximately $25 million to partially reverse the Company's tax valuation allowance. This result compares with a net loss of $11.9
million, or $0.23 per diluted share, on total operating revenue of $300.5 million for the three months ended December 31, 2008. The Company's operating income of $16.1 million for the three months ended December 31, 2009 compares with $38.1 million in the prior year period.
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