Special Airfares for Bookings Made by March 31

HONOLULU - Hawaiian Airlines announced today it is offering special introductory airfares for travel between Sydney, Australia, and Honolulu, along with Hawaii's Neighbor Islands, and the eight Western U.S. cities served by Hawaiian, subject to government approvals.

"We're offering an unbeatable travel deal between Australia and Hawaii, combining a great price with convenient departure and arrival times, our award-winning in-flight service, and the best on-time performance in the industry," said Mark Dunkerley, Hawaiian's president and chief operating officer.

Dunkerley added that Hawaiian's introductory airfares are the best value in the market. Roundtrip airfares for flights departing Monday through Wednesday from Honolulu to Sydney start at $755. Flights departing Thursday through Sunday start at $825.

For travel originating from the Neighbor Islands of Kauai, Maui, Molokai, Lanai, and Hawaii's Big Island with a same-day connection in Honolulu, the roundtrip airfare starts at $855 for Monday through Wednesday, and $925 for Thursday through Sunday.

Roundtrip airfares from the six West Coast cities Hawaiian serves – Seattle, Portland, San Francisco, Sacramento, Los Angeles, and San Diego – with a one-stop, same-day connection in Honolulu start at $902 for Monday through Wednesday, and $951 for Thursday through Sunday.

The "West Coast" fares are the same for Hawaiian's service from Las Vegas and Phoenix. however, southbound itineraries originating in these two cities require an overnight layover in Honolulu to connect to the Sydney-bound flight. Return flights to both cities will make same-day connections in Honolulu.

The introductory fares are valid for bookings made by March 31, 2004, as long as travel is completed by December 31, 2004. Tax is not included. Hawaiian's inaugural flight will depart Sydney on May 18. The first return flight departs Honolulu for Sydney on May 19.

Hawaiian will fly four times weekly departing Sydney on Sunday, Tuesday, Thursday, and Friday at 9:30 p.m., and arriving in Honolulu the same day at 10:55 a.m.

The return flight will depart Honolulu on Monday, Wednesday, Thursday, and Saturday at 1:30 p.m. and arrive in Sydney the following day at 7:30 p.m. Sydney is 21 hours ahead of Hawaii and travelers will cross the International Dateline.

Hawaiian will fly the new Sydney route with its Boeing 767-300ER wide-body aircraft. The twin-aisle, twin-jet B767 seats 252 passengers, 18 in Business Class and 234 in Economy Class, featuring the comfort and convenience of a 2-3-2 seating configuration that offers either window or aisle seating to 86 percent of the passengers. Flight time is approximately 10 hours.

Customers can book flights via the airline's web site at HawaiianAir.com. Reservations can also be made by calling Hawaiian toll-free at 1-800-367-5320 from the U.S. mainland or Canada, or through any professional travel agent.

In Hawaii, reservations can be made from the Neighbor Islands by calling toll-free at 1-800-882-8811, or from Oahu at 838-1555.

Hawaiian has received permission from the U.S. Department of Transportation and Australia to sell tickets for its new nonstop service to Sydney, and is awaiting Australia's final government approval and issuance of an international airline license.

About Hawaiian Airlines
Hawaiian Airlines, the nation's number one on-time carrier, is recognized as one of the best airlines in America. Business travelers recently surveyed byCondé Nast Traveler rated Hawaiian Airlines as having the best in-flight service and meals of any U.S. carrier. Hawaiian was recently ranked fourth best in the nation overall by Travel + Leisure.

Celebrating its 75th year of continuous service, Hawaiian Airlines is Hawaii's largest and longest-serving airline, and the second largest provider of passenger air service between Hawaii and the mainland U.S. Hawaiian offers nonstop service to Hawaii from more mainland U.S. gateways
than any other airline. Hawaiian also provides approximately 100 daily jet flights among the Hawaiian Islands, as well as service to American Samoa and Tahiti.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (AMEX and PCX: HA). Since the appointment of a bankruptcy trustee on May 16, 2003, Hawaiian Holdings has had no involvement in the management of Hawaiian Airlines and has had limited access to information concerning the airline.

Additional information on Hawaiian Airlines is available at www.HawaiianAir.com.