HONOLULU, March 8, 2012 /PRNewswire/ -- Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA), today announced its systemwide traffic statistics for the month of February and year-to-date.
(Logo: http://photos.prnewswire.com/prnh/20040827/LAF044LOGO)
The Company also announced that, based on its current outlook, and existing and anticipated business conditions, it expects revenue performance to meet quarterly guidance expectations recently provided on its January 31 Earnings Conference Call.
Specifically, Hawaiian expects Passenger Revenue Per ASM ("PRASM") to be within the range of 5.5% to 8.5% on a year-over-year basis and quarterly load factor to be within the range of down one percentage point to up one percentage point on a year-over-year basis.
Traffic statistics are provided below.
SYSTEMWIDE OPERATIONS |
|
|
|
|
|
|
|
|
|
FEBRUARY |
2012 |
2011 |
% Change |
|
PAX |
702,890 |
665,553 |
5.6% |
|
RPMS (000) |
814,343 |
738,520 |
10.3% |
|
ASMS (000) |
982,571 |
868,389 |
13.1% |
|
LF |
82.9% |
85.0% |
(2.1 pts.) |
|
|
|
|
|
|
YEAR-TO-DATE |
2012 |
2011 |
% Change |
|
PAX |
1,441,871 |
1,357,485 |
6.2% |
|
RPMS (000) |
1,705,810 |
1,528,470 |
11.6% |
|
ASMS (000) |
2,051,152 |
1,827,558 |
12.2% |
|
LF |
83.2% |
83.6% |
(0.4 pts.) |
|
|
PAX: |
Passengers transported |
RPM: |
One paying passenger transported one mile |
ASM: |
One seat transported one mile |
LF: |
Percentage of seating capacity utilized |
About Hawaiian Airlines
Hawaiian has led all U.S. carriers in on-time performance for each of the past eight years (2004-2011) as reported by the U.S. Department of Transportation. In addition, consumer surveys by Conde Nast Traveler, Travel + Leisure, and Zagat have all ranked Hawaiian the top domestic airline offering flights to Hawaii. Hawaiian was also the nation's highest-ranked carrier for service quality and performance in the prestigious Airline Quality Rating (AQR) study for 2008 and 2009.
Now in its 83rd year of continuous service in Hawaii, Hawaiian is the largest provider of passenger air service to Hawaii from the state's primary visitor markets on the U.S. mainland. Hawaiian offers nonstop service to Hawaii from more U.S. gateway cities (10) than any other airline, as well as service to Japan, South Korea, the Philippines, Australia, American Samoa, and Tahiti. Hawaiian also provides approximately 170 daily jet flights between the Hawaiian Islands.
Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA). Additional information is available at HawaiianAirlines.com. Follow updates on Twitter about Hawaiian (@HawaiianAir) and its special fare offers (@HawaiianFares), and become a fan on its Facebook page (Hawaiian Airlines).
Forward-Looking Statements
Statements in this release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views with respect to certain current and future events and financial performance. Such forward-looking statements include, without limitation, statements regarding: the Company's current outlook, anticipated business conditions, and expected financial and operating performance; and statements as to other matters that do not relate strictly to historical facts of statements of assumptions underlying any of the foregoing. Words such as "expects," "anticipates," "projects," "intends," "plans," "believes," "estimates," variations of such words, and similar expressions are also intended to identify such forward-looking statements. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company's operations and business environment, all of which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements.
The risks, uncertainties and assumptions referred to above that could cause the Company's results to differ materially from the results expressed or implied by such forward-looking statements also include the risks, uncertainties and assumptions discussed from time to time in the Company's other public filings and public announcements, including the Company's Annual Report on Form 10-K for the year ended December 31, 2011. All forward-looking statements included in this document are based on information available to the Company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements to reflect events or circumstances that may arise after the date of this release.
SOURCE Hawaiian Airlines, Inc.
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