Carrier Reports 15 100% On-Time Days

HONOLULU -- Hawaiian Airlines continued to lead the nation's carriers at filling seats, posting the industry's best marks for load factor in May at 84.8 percent, and through the first five months of the year at 83.1 percent (see chart).

Even more impressive, Hawaiian's industry-leading load factor did not hamper its on-time performance. Hawaiian reported that 95.3 percent of its flights systemwide arrived on time* in May, highlighted by 15 100% on-time days for its 100-plus daily interisland flights.

“When it comes to punctuality, Hawaiian Airlines is as regular as clockwork,” noted Joshua Gotbaum, Trustee of Hawaiian Airlines.

In May, Hawaiian's load factor increased by 10.5 percentage points versus 74.3 percent in May 2003. According to Aviation Daily, the nation's top five airlines for load factor after Hawaiian were JetBlue, 81.8 percent; Northwest, 80.7 percent; United, 80.1 percent; and Air Wisconsin, 77.9 percent.

Hawaiian's year-to-date load factor increased by 10.1 percentage points over the 73.0 percent reported for 2003. The rest of the top five were JetBlue, 81.6 percent; Northwest, 78.1 percent; United, 77.2 percent; and Spirit, 76.9 percent.

The company also showed strong year-over-year growth in revenue passenger miles (RPMs), jumping 17.3 percent in May and 20.5 percent through the first five months, reflecting its ongoing success at generating more revenue with operations.

*The U.S. Department of Transportation defines arrivals within 15 minutes of schedule as “on time.”

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 Sydney, 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.