Hawaiian Airlines - Renaissance Cruises $70 Million Agreement Offers Best Service and Value in Region

HONOLULU/ORLANDO, November 5, 1998 -- A new agreement was signed between Hawaiian Airlines, Inc. (AMEX and PCX: HA) and Renaissance Cruises for operation of exclusive air service between Los Angeles and Tahiti beginning in August 1999. This marks a new route and substantial growth for Hawaiian Airlines' charter revenue and emphasizes Renaissance Cruises' commitment to consumers by providing the best overall product and value with the launch of its new R-Class ships (R3 and R4) voyaging Tahiti and the South Pacific year-round.

Renaissance Cruises selected Honolulu-based Hawaiian Airlines for this initial two-year agreement worth more than $70 million dollars in order to further the cruise line's control of the customer experience and reinforce its reputation for the best consumer values in the industry.

Hawaiian Airlines, known for outstanding efficiency, reliability and mastering the art of serving guests with the warm hospitality of the South Pacific, will operate 18 - 20 round-trips a month between Los Angeles and Tahiti on widebody DC-10-30 aircraft and will add approximately 130 new positions, including pilots and flight attendants to accommodate the Renaissance Cruises relationship and passenger volume.

"We are thrilled to have been selected as the exclusive air carrier for Renaissance Cruises' exciting new venture in South Pacific cruise vacations. This new contract will more than double our annual charter revenue and is consistent with the company's strategy of growing and expanding upon our Hawaii-based business," said Paul J. Casey, President and Chief Executive Officer of Hawaiian Airlines.

"Renaissance Cruises chose Hawaiian Airlines because their product and reputation best reflected Renaissance Cruises' commitment to put the customer first, both in quality and value," said Frank Del Rio, Executive Vice President of Renaissance Cruises.

"With Hawaiian Airlines' impeccable reputation and service, we know that Renaissance Cruises' passengers will have the best experience possible and their travel on Hawaiian Airlines will be part of a wonderful vacation experience. Because we've pre-planned all schedules to best suit the needs of the ships' guests, the agreement also helps us better control the customer experience, with the formation of a stellar partnership," added Mr. Del Rio.

Hawaiian Airlines will acquire widebody DC-10-30 aircraft to be specially configured for the Renaissance Cruises charter. The agreement cites that the aircraft will bear Hawaiian Airlines livery and the Renaissance Cruises logo, with a configuration of 84 Business Class seats and 172 seats in a new upgraded level of coach class seating. In-flight service will be taken to a new level with additional flight attendants.

The exclusive agreement with Renaissance Cruises also includes business class airfare upgrades for only $799 per person, a rate that is $2,500 to $3,000 less than any other offer in the region.

Renaissance Cruises' R3 begins service to Tahiti and the South Pacific on extremely low-priced 11-day itineraries, starting at $2299 per person (including round-trip air from Los Angeles) for an outside cabin. For more information on Renaissance cruises visit www.RenaissanceCruises.com or call (800) 525-5350.

Founded in Honolulu 69 years ago, Hawaiian Airlines is Hawaii's longest-serving, largest airline and the nation's 12th largest carrier. The company operates a fleet of McDonnell Douglas widebody DC-10 aircraft on 12 flights a day between Hawaii and the U.S. mainland. Its fleet of McDonnell Douglas DC-9s provides award-winning service on more than 140 jet flights daily among the islands of Hawaii.

Hawaiian has been serving Tahiti from Honolulu since 1987. Its DC-10 South Pacific service also links Honolulu and American Samoa. The company recently announced plans to operate daily nonstop service from Los Angeles to Kahului, Maui, continuing to Kona on the Big Island four times a week, beginning in March 1999.