Hawaiian Airlines, Inc. Reports Second Quarter And Six Month Financial Results

HONOLULU, August 16, 1999 -- In systemwide service during July 1999, Hawaiian Airlines recorded Revenue Passenger Miles (RPMs) of 475,242,000, an increase of 17.9 percent from 403,018,000 RPMs reported for the same month in 1998.

Available Seat Miles (ASMs) in July 1999 were 558,722,000, an increase of 13.6 percent from 491,742,000 ASMs recorded in July 1998.

Systemwide Load Factor (LF) in July 1999 was 85.1 percent, an increase of 3.1 points from 82.0 percent in July 1998.

Hawaiian carried 546,045 passengers in July 1999, an increase of 10.2 percent from 495,370 passengers reported for July 1998.

Year-to-date

For the first seven months of 1999, Hawaiian recorded total RPMs of 2,774,693,000, an increase of 10.6 percent from 2,507,754,000 RPMs recorded for the same period in 1998.

Through July, total 1999 ASMs were 3,571,520,000, an increase of 8.4 percent from 3,294,294,000 ASMs recorded for the first seven months in 1998.

Average 1999 systemwide Load Factor through July was 77.7 percent, an increase of 1.6 points from 76.1 percent for the same period in 1998.

Hawaiian carried a total of 3,309,709 passengers during the first seven months of 1999, an increase of 7.6 percent from 3,074,681 carried during the same period in 1998.

RPM = one paying passenger transported one mile
ASM = one seat transported one mile
LF = percentage of seating capacity utilized