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April 9, 2020, 4:01 p.m. EDT

Hawaiian Airlines March and First Quarter 2020 Traffic Statistics Reflect Effects of COVID-19

HONOLULU, April 9, 2020 /PRNewswire/ -- Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings, Inc. /zigman2/quotes/203188135/composite HA +3.23% ("Hawaiian"), saw sharp declines in its system-wide traffic statistics in March 2020 as government mandated restrictions on travel in response to the COVID-19 pandemic became more numerous.

Demand declines that began with U.S. government restrictions on Chinese arrivals in late January accelerated in mid-March, when governments in Australia, New Zealand, Tahiti, American Samoa and Hawai'i instituted requirements of self-isolation or quarantine for incoming arrivals. Hawaiian Airlines has responded to the diminishing demand by reducing its scheduled service systemwide by 95 percent through April 2020.

The table below summarizes March and year-to-date statistics compared to the respective prior-year periods. In light of Hawaiian's substantially reduced schedule in April and likelihood of similar reductions in May, Hawaiian emphasized that the results shown below should not be construed as indicative of future results.

SYSTEM-WIDE OPERATIONS1

MARCH 2020 2019 % CHANGE
PAX 542,456 993,548 (45.4)%
RPMs (000) 851,022 1,439,227 (40.9)%
ASMs (000) 1,466,774 1,665,067 (11.9)%
LF 58.0% 86.4% (28.4) pts




YEAR-TO-DATE 2020 2019 % CHANGE
PAX 2,362,196 2,822,634 (16.3)%
RPMs (000) 3,714,773 4,128,485 (10.0)%
ASMs (000) 4,979,529 4,851,921 2.6%
LF 74.6% 85.1% (10.5) pts
PAX Passengers transported
RPM Revenue Passenger Mile; one paying passenger transported one mile
ASM Available Seat Mile; one seat transported one mile
LF Load Factor; percentage of seating capacity filled


1Includes the operations of contract carriers under capacity purchase agreements.

About Hawaiian Airlines           

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. /zigman2/quotes/203188135/composite HA +3.23% . Additional information is available at HawaiianAirlines.com. Follow Hawaiian's Twitter updates (@HawaiianAir), become a fan on Facebook (Hawaiian Airlines), and follow us on Instagram (hawaiianairlines). For career postings and updates, follow Hawaiian's LinkedIn page.

For media inquiries, please visit Hawaiian Airlines' online newsroom.

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SOURCE Hawaiian Airlines

Copyright (C) 2020 PR Newswire. All rights reserved

/zigman2/quotes/203188135/composite
US : U.S.: Nasdaq
$ 12.80
+0.40 +3.23%
Volume: 923,389
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$588.76 million
Rev. per Employee
$391,501
loading...
/zigman2/quotes/203188135/composite
US : U.S.: Nasdaq
$ 12.80
+0.40 +3.23%
Volume: 923,389
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$588.76 million
Rev. per Employee
$391,501
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