- Hawaiian Holdings (NASDAQ:HA) reports passenger revenue per available seat mile fell 1.0% to $0.1420 in Q3.
- The company ended the quarter with GAAP net income up 32% Y/Y to $102.5M on only a 6% increase in revenue.
- "Low fuel prices, strong demand in our geographies and moderate industry capacity growth combined to create a positive environment for our business," says CEO Mark Dunkerley.
- Q4 guidance: Operating revenue per ASM +0.5% to +3.5%, capacity +3.5%, economic fuel cost per gallon $1.50 to $1.60.
- Previously: Hawaiian Holdings beats by $0.12, beats on revenue (Oct. 18)
- HA +1.43% AH to $49.80.