Hawaiian Holdings far surpasses Q3 earnings expectations
Hawaiian Holdings Inc. (Nasdaq: HA) posted better-than-expected third-quarter earnings as market demand increased and fuel prices dropped.
The Honolulu-based parent company of Hawaiian Airlines on Tuesday reported net income of $102.45 million, a 46.3 percent jump from the $70.03 million reported during the third quarter of 2015. The company had earnings per diluted share of $1.91, up 76 cents from $1.15.
"It's been a great quarter in a good year so far. Low fuel prices, strong demand in our geographies...