Hawaiian Reaches Labor Agreement

HONOLULU -- Hawaiian Airlines today announced that it has reached a tentative agreement with the Transport Workers Union on a new contract for Hawaiian's dispatchers. The agreement, which must be ratified, would take effect when Hawaiian exits Chapter 11 bankruptcy.

Hawaiian Trustee Joshua Gotbaum said, “We're pleased that we have been able to reach an agreement with the TWU. In order to exit Chapter 11, Hawaiian needs agreements with each of its unions. Our goal is to negotiate fair contracts that allow Hawaiian to get out of bankruptcy and stay out. The TWU agreement is an important first step.”

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 by Condé Nast Traveler rated Hawaiian Airlines as having the best in-flight service and meals of any U.S. carrier. In addition, Hawaiian is ranked as the nation's fifth best airline overall by Travel + Leisure, ahead of every other carrier flying to Hawaii.

Celebrating its 75th year of continuous service, Hawaiian Airlines is Hawaii's biggest 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 117 daily jet flights among the Hawaiian Islands, as well as service to Australia, 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 in May 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 is available at www.HawaiianAir.com.