Hawaiian Airlines posts $80.4 million 2Q net profit

Hawaiian Holdings, parent of Hawaiian Airlines, posted $80.4 million net income for the 2017 second quarter, up 1.1% from $79.6 million net profit in 2Q 2017.

The airline is gearing up for the delivery of its initial two Airbus A321neos, scheduled for October and November, the first of 18 A321neos the carrier plans to receive through 2020.

"It allows us to begin our plans to transform our service between Hawaii and the US west coast [and earlier this week] we announced the first route extensions associated with the arrival of our first neos," Hawaiian Airlines CEO Mark Dunkerley said.

"The A321neos will provide us with a combination of growth and replacement, enabling the retirement of the remainder of our [Boeing] 767 fleet by the end of 2018 and capitalizing on our "¦ unit revenue performance between the west coast and Hawaii," Hawaiian EVP and CCO Peter Ingram said. "The smaller gauge and next generation economics of these aircraft make them ideal for the routes we fly with widebodies today."

Ingram elaborated on route expansions announced July 24. "Starting in January 2018 we will be introducing new nonstop service between Portland and Maui, taking advantage of the arrival of our first A321neo," Ingram said, adding an extension of seasonal service between Los Angles and Kona will go year-round beginning in March, "first with our 767s and later with the A321neos." Additionally, the carrier"™s seasonal Oakland to Kaua"™i service will transition to year-round nonstop service in April 2018, also utilizing a new A321neo. Hawaiian"™s Oakland-Maui service will switch over from its existing widebody aircraft to A321neo in January, Ingram said…

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