More Progress at Hawaiian Airlines Bankruptcy:

Court Approves Disclosure Statement

HONOLULU -- Hawaiian Airlines Trustee Joshua Gotbaum issued the following statement in response to today's acceptance by the U.S. Bankruptcy Court of the amended Disclosure Statement filed jointly by the Trustee, the Official Committee of Unsecured Creditors, Hawaiian Holdings, Inc., and RC Aviation, LLC.

“Today's court approval represents a huge leap forward for Hawaiian Airlines to exit bankruptcy successfully. Creditors will soon receive copies of the Disclosure Statement with the plan for getting Hawaiian out of Chapter 11 once and for all. Hawaiian has become one of the nation's best airlines and everyone at Hawaiian looks forward to the day when, unfettered by Chapter 11, they can show it.”

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.