Love is in the air: Couple gets married on an Alaska Airlines flight, sparking countless love stories 

This Valentine’s Day, we popped a question to our guests: “Has Alaska ever played a role in your love story?” And so many of you said YES! Check out some of the stories we received below.

Saying “I do” at 30,000+ feet 

It’s not every day you witness a wedding on a flight, but if you were on Cydne & Grant’s flight to from Portland to Las Vegas last October, you did!

When planning their wedding, the adventurous couple tried to meet their friends & family in the middle of Portland and Salt Lake City. They decided on a reception in Vegas and a sky-high wedding. Cydne admits she jokingly brought up the idea, “why don’t we get married on an airplane?” Her then-fiancé, Grant, LOVED it.  

“After shocking all the Customer Care employees at Alaska with our idea, we finally got an answer, ‘yes we can do it—but we have to choose a flight long enough to have time to stand and get the pilots okay when we arrive.’ We held our breath for the day in hopes of good weather and the pilots’ final okay.”

While weddings on our aircraft aren’t a regular occurrence, our crew went above & beyond to create an unforgettable experience for Cydne, Grant, and their loved ones on their special day.

As nervous as we were for the unknown, the flight and ceremony were perfect. It could not have gone better! We are so thankful for Alaska and all they did for us that day. We continue to fly Alaska everywhere—they will forever be special to us. I already have 3 trips planned this year on Alaska!” 

– Cydne

Together, their wedding party was about 30 people. Grant and Cydne enjoyed First Class, both for the first time! Her kids were seated in Premium, right behind them so they could still see them and have them close during the ceremony.  

“We had one of our best friends, who is ordained, marry us. I walked down the aisle of First Class, and we said our vows where First Class meets Premium,” she said. “When we landed in Vegas, we were escorted by an Alaska employee who took our group through the airport down to baggage claim where Alaska had a sign and gifts waiting for us. We posed for pics with the flight crew and station employees.” 

Photos by EMJ PHOTOGRAPHY


Going the distance.

Alaska Airlines made our long-distance relationship possible! I live in California and my boyfriend lives in Oregon- thanks to Alaska we’ve been able to see each other almost every other weekend. After a year of long distance, we’re finally moving in together. Thank you, Alaska! ❤️ 

– Jenefer


A quick connection.

I was heading home after visiting my parents in Spokane when I noticed a handsome stranger sitting in the waiting area for my short flight to Seattle. When we boarded, he was one row up and across the aisle from me. His friends were seated directly across the aisle from me and started asking about the book I was reading. Eventually, the handsome stranger turned around and started asking me questions and we totally hit it off. We talked for the rest of the flight about skiing, the Pacific Northwest, and my recent relocation to DC.

When we landed in Seattle, he asked me to lunch. He is now my husband of twelve years, and we have three sons. We would like to say that our first date was at the SeaTac C gates. 

– Katherine


Nothing’s better than an airport hug.

My now husband and I first started dating when we lived in Seattle. When we met, he was going to be moving to Chicago to finish school, so our time was meant to be short. However, our love blossomed and after a couple of months, we decided to give long distance a try. Alaska ferried each of us back and forth each month for alternating Chicago & Seattle visits. Alaska is absolutely a part of our love story—sitting on board in sheer excitement and anticipation waiting to see each other is an amazing memory and part of our budding romance journey. And now almost 9 years later, we have Alaska to thank for keeping us together that first year! 

– Ian


oneworld, one big proposal!

Amar & I were in a long-distance relationship for the first 1.5 years. Alaska Airlines (along with a number of oneworld carriers) helped connect our cities but also our hearts.

To not include Alaska Airlines as part of our proposal story and celebration wouldn’t be right. We had the opportunity to do a proposal photoshoot on a flight from Los Angeles to Washington, DC with the help of such a fantastic crew! With so much “love in the air,” we look forward to traveling on Alaska Airlines from Washington, DC to Los Angeles again, where we are getting married this June! 

– Anuj


A decade in the making.

My husband and I were long-distance for about 3 years. I lived in Southern California, and he lived in Portland, Oregon. For those 3 years, we only flew with Alaska because they had the best times and prices between Ontario and Portland. Without Alaska, we would not have been able to maintain our relationship. Thank you. We just got married this past October and celebrated 10 years together. 

– Becca


From the ground up, love wins.

William and I both work for Alaska. We met back in 2016 as Ramp Agents for Horizon Air in Los Angeles. To be exact, we met at Gate 66 at Terminal 6 at LAX. We had been loading an aircraft for a flight and William came to assist with the flight. 8 years later, and engaged for 4 years, we both work side by side, still!

William is now the Station Manager of San Diego, and I (Kristina) am now the Inflight Supervisor in San Diego. We both built our careers here at Alaska Air Group from being Ramp agents, Fleet agents, stores agents, leadership roles, inflight and even moved from LAX to SEA to SAN. I would of never of met William if it wasn’t for Alaska Air Group. Our love for Alaska & aviation has only grown with the love that we have for each other. 

– Kristina


In love with each other & Alaska since ’98.

Our love story began when I traveled to San Diego from Seattle for a summer vacation in 1998. A Seattle girl meets a San Diego boy. Love at first sight! It was a year of long-distance dating and travel on Alaska Airlines to visit each other almost every month. I still have the paper ticket mementos. Alaska helped keep the love alive and make a long-distance relationship seem not so far away.

This Seattle girl eventually moved to her dream city with her dream boyfriend. A year later, we both moved to Seattle. Fast forward to 2006 we got married in San Diego. Alaska was there to help fly family members to join us for the big day.

My love and I travel wherever Alaska goes, with the kids often in tow. We love how Alaska has been part of our love story and is a huge part of our family. Anniversary trips, family vacations, weddings, and that epic 1998/1999 year of travel is where our love story began. 🥰

– Sarah


A match made in paradise.

Imagine being handed a ticket to paradise, not knowing it would also lead you to the love of your life. That’s exactly what happened to me, thanks to Alaska Airlines. I was set for a solo adventure in Kauai, the Garden Isle, known for its lush landscapes and serene beauty.

On a spur-of-the-moment decision, I invited Bryan, a recent acquaintance with a spirit as adventurous as mine, to join me. The island’s magic, coupled with unexpected companionship, turned our journey into a tapestry of memorable experiences and emotions.

Our love story owes its beginning to a generous gesture from Alaska Airlines. A solo journey transformed into a shared adventure, laying the foundation for a bond that would grow beyond the confines of the trip. It’s a reminder that sometimes, the most extraordinary journeys begin with a single ticket to an unknown destination. 

– Tiffany


Love is truly in the air.

Josh and I met while working at Alaska at Portland International Airport and we still work there today! We love working flights together. We have taken multiple trips on our flight benefits and have made awesome memories. I don’t think I would have ever met him not working for Alaska ❤️ thank you for helping me find my best friend 😉 

– Maggie

Progress continues as Alaska Airlines negotiates a new, market-competitive flight attendant contract

You’ve probably heard that we’re in active contract negotiations with our flight attendants through their union, the Association of Flight Attendants (AFA). We have a strong history of successfully negotiating with our union partners, reaching agreements that benefit employees while also securing the long-term success of the company.

We remain optimistic in the negotiations process. With six recently closed labor deals at the company and a tentative agreement reached in January for a new contract for our technicians, we’re hopeful to do the same for our flight attendants as soon as possible. AFA and Alaska leadership have met twice in the last three weeks and are continuing to bargain and meet with a mediator. Discussions have been productive and in the last two sessions, we reached four tentative agreements.

We respect our flight attendants’ right to communicate what’s important to them during the negotiating process. You may have heard about one recent step, called a strike authorization vote, which was conducted by the union. This type of vote is a common step in the negotiation process. It is not a call to go on strike right now.

The voting ends today, and the results could be released at any time. We expect our flight attendants will approve the measure based on previous industry votes.

Regardless of the vote results, this does not mean our flight attendants are on strike or about to strike. Our guests and operation will not be impacted by the decision in the near term or possibly at all. 

While talk of a strike is concerning, especially for our guests and the communities that rely on our service, it would not happen quickly. Many more steps would need to take place over many months, if not longer, before a strike is even possible. See below for an overview of the negotiations process.

Additionally, you may see off-duty flight attendants demonstrating in various hubs today as part of the union’s mobilization efforts. We respect and support the right of our flight attendants to engage in these activities and do not expect any disruption to our operation or service as a result.

Alaska Airlines better connects Portland with more flights to popular destinations 

As the West Coast’s premier airline, we offer our guests a premium travel experience with the most legroom in First Class* and Premium Class and a generous loyalty program 

Alaska Airlines is ramping up our growth in Portland to provide our guests with more choice and convenience. We’ve added more than 20 daily departures starting this summer to sought-after destinations from the Rose City. Our capacity has increased by 25%, improving connectivity and providing additional travel options. 

We’ve been the largest carrier in Portland for more than 20 years. We don’t take that for granted. It’s important for us to provide our guests with a variety of convenient flight options at PDX along with the addition of new routes. We know travelers have a choice and we want them to fly with us,” said Kirsten Amrine, vice president of revenue management and network planning for Alaska Airlines. 

All our guests – whether in Portland or across our expanding network – can take advantage of a premium travel experience on their next Alaska flight. We are the West Coast’s premier airline offering our flyers the most legroom in First Class* and Premium Class; no change fees; multiple fare offerings; the most generous loyalty program with Mileage Plan with the fastest path to elite status; 30 global partners; and West Coast food and beverage on board. 

With Sunday’s big game, we turned to the biggest advertising moment of the year to spotlight our premium products and services, including highlighting our most legroom. Our new campaign can now be seen in the Portland, Seattle, San Francisco/Bay Area and San Diego markets.  

Our winter-spring seasonal flight between Portland and Redmond/Bend is so popular that we added a second daily roundtrip starting Oct. 1. We also extended our nonstop seasonal flying from Portland to Billings, Kansas City and Minneapolis until the end of the year – service was set to end in late summer. Tickets for all our flights are available for purchase at alaskaair.com

Alaska currently serves 53 nonstop destinations from Portland, including a few new destinations on our route map. On Nov. 17, we began nonstop service to Miami. Year-round flights to Nashville start on March 14. By this summer, we’ll have more than 100 average daily departures from Portland. 

“We’re thrilled about the added flights out of PDX. As our largest carrier, more Alaska flights means even more options for travelers, whether they’re flying cross-country or within the state. And the increase in service means more visitors for our concession and ground travel partners – the local businesses that are the heart of our region and bring so much excitement to our airport,” said Dan Pippenger, chief aviation officer at the Port of Portland. 

We’re excited about our future in Portland. We’re putting the final touches on the design of our all-new Flagship Lounge at PDX. It’s currently scheduled to open in the 2025-26 timeframe with more than 10,000 square feet of space that will provide double the seating of our current Lounge spaces. The atmosphere will be infused with the Pacific Northwest spirit like our award-winning Flagship Lounge at the N Concourse in Seattle. Lounge members and guests will enjoy a barista station with hand-crafted espresso beverages and drip coffee from Stumptown; complimentary beer, wine and house spirits; our signature Loungers to relax in; and a custom fireplace. 

 
* Out of any U.S. airline excluding lie-flat seats 

Hawaiian Debuts High-Speed Starlink Internet on Select Flights

Staying connected on a Hawaiian Airlines flight between the U.S. Mainland and Hawaiʻi, one of the most geographically remote archipelagos in the world, will become as effortless as using your home internet – thanks to Starlink’s advanced internet technology. 

Starlink HA Brand Images 2

Hawaiian's industry-leading Starlink Wi-Fi service is now available on select flights.

 

Hawaiian today became the world’s first major carrier to deploy Starlink’s high-speed, low-latency broadband internet after it debuted the service onboard one of its Airbus A321neo, N228HA, which flew from Honolulu to Long Beach. The carrier’s Wi-Fi, which is rolling out on select A321neo aircraft as they are activated over the coming months, is complimentary and available the moment guests step onboard the aircraft – without tedious registration pages and clunky payment portals.

“In marrying this best-in-class technology with our authentic Hawaiian hospitality, we are offering our guests a travel experience unlike any other airline flying to and from the Hawaiian Islands,” said Chris Liebertz, senior director of engineering at Hawaiian Airlines. 

A Test of Strength 

The speed of Hawaiian's new in-flight internet service allows streaming, gaming and other connected experiences often enjoyed at home – even while traversing the farthest reaches of the Pacific Ocean.  

Starlink HA Brand Images 5

Starlink will gradually roll out on Hawaiian's A321neo fleet, giving guests an unparalleled in-flight connectivity experience.

 

“Starlink’s self-designed aviation terminal installed on Hawaiian's aircraft allows each plane to receive strong, fast internet signals from the satellites orbiting above Earth,” said Will Seidel, director of Starlink engineering at SpaceX. “The terminal will seamlessly switch connections from satellite to satellite as planes cross the Pacific, providing an uninterrupted internet experience for passengers.”

Starlink Terminal

The Starlink terminal is installed on the top of the aircraft, as shown in the bottom right of this image.

 

To ensure high performance, Hawaiian and Starlink conducted tests, including live flights to evaluate connectivity under different conditions and identify opportunities to improve user experience.

“During these tests, employees streamed shows and movies, played video games with friends, downloaded and uploaded large files, worked in real time, and scrolled on social media,” Liebertz explained. “Each assessment then allowed us to fine-tune the service to the high-performance level for which Starlink is known.”

Starlink-Test-Flight-18

A select group of Hawaiian Airlines employees were invited to a special charter flight between Honolulu and Hilo to test the Starlink Wi-Fi using their various personal devices.

 

Rolling Out the Service

Before the public launch, Hawaiian and Starlink “worked alongside the FAA to verify that our aviation terminal (antenna) met strict safety standards,” Seidel explained.

“When we finished our tests on the ground and in-flight on the first A321neo, the FAA certified Starlink for use on the rest of Hawaiian’s A321neo fleet – as well as any other A321neo,” he added.

Hawaiian is working with Starlink to roll out the technology across its long-haul fleet. The carrier expects to install and activate antennas on all its 18 A321neo aircraft by spring, followed by its A330s by the end of the year, and later its new flagship aircraft, the Boeing 787-9. Until it is available fleetwide, the service will surprise and delight guests as they board their flights.

Sticker

A Starlink decal, located to the right of the main aircraft door and shown below, will mark each aircraft equipped with the advanced internet technology.

 

For employees like Liebertz, who has been close to the project since before it was announced in April 2022, the launch was a momentous occasion.

“Today marks a huge milestone not just for my team but for both companies. It has been an incredible journey working with the Starlink team to get our A321neos equipped with this exceptional service,” Liebertz explained.

“I’m looking forward to my next flight so I can join our guests in experiencing how game-changing this technology will be for aviation.”

Spring break escapes: Your ultimate guide to leisure destinations with Alaska Airlines 

If you are dreaming of your next warm, sunny vacation, these leisure destinations are must-adds to your list of spring break and summer getaways. 

MEXICO 

Alaska Airlines has served Mexico for more than 35 years. We now fly to eight incredible cities in Mexico, each with a unique blend of history, vibrant culture, natural beauty, and entertainment, including Cancun, Guadalajara, Ixtapa/Zihuatanejo, Los Cabos, Loreto, Manzanillo, Mazatlán and Puerto Vallarta.   

We’ve hand picked five of the best spots in Mexico for stunning beaches, exciting nightlife and the perfect blend of relaxation and adventure in a beautiful tropical setting.

BELIZE (BZE) 

This spring break, dive into the crystal-clear waters of the Belize Barrier Reef for world-class snorkeling and diving experiences, explore ancient Mayan ruins like those at Xunantunich, and trek through lush rainforests teeming with wildlife for an unforgettable adventure in paradise. 

LIBERIA, COSTA RICA (LIR) 

Visitors can hike through the stunning landscapes of Rincon de la Vieja National Park, where you can witness volcanic activity and so much natural beauty. For those looking for more down time, you can rejuvenate in natural hot springs, and for thrill-seekers, we recommend experiencing canopy tours amidst lush tropical forests for an exhilarating eco-adventure. 

FLORIDA 

If you’re looking for sun-soaked beaches, thrilling theme parks, and vibrant nightlife, offering a diverse range of activities for a memorable vacation experience—Florida is for you!  

Whether it’s lounging on the sands of Miami Beach, enjoying world-class dining and shopping along Las Olas Boulevard or enduring thrill-seeking rides at Busch Gardens, Florida has something for every spring breaker. 

Alaska Airlines flight attendant saves rare flamingo eggs during flight; Zoo honors her with naming of newly hatched chick

Alaska Airlines Flight Attendant Amber has had some unusual requests in her 10 years of flying, but being asked to help save some flamingo eggs just about topped them all.   

The request came during a flight from Atlanta to Seattle last August.  

“A passenger rang the call button and asked if I would help keep some eggs warm,” Amber said. 

Befuddled, she inquired further and learned that the guest wasn’t crying fowl.   

The guest was a zoo official transporting rare Chilean flamingo eggs from Zoo Atlanta to Seattle’s Woodland Park Zoo and the incubator keeping them warm had stopped working.  

Thinking quickly, Amber went to the galley, found some rubber gloves and filled them with warm water. She brought them to the zoo official who quickly wrapped them around the eggs, making a cozy nest. Guests seated nearby offered their coats and scarves for extra insulation.  

Being resourceful and thinking on their feet are traits Alaska Flight Attendants are known for, even when it comes to our feathered guests.  

I was glad to help,” Amber said, adding that she and fellow crew members kept checking with the zoo official during the flight and replacing the gloves as the water cooled.  

Months later, Amber received a surprising call from the zoo asking her if she’d like to meet the baby flamingos she had saved.  

“I was honored and so happy that the chicks had hatched—all six of them!” she said. 

Amber and her granddaughter, Sunny, were honored guests of Woodland Park Zoo, treated to an exclusive tour that included a delightful ‘meet and greet’ with the recently-hatched chicks. The adorable birds showcased their fluffy gray feathers and long, skinny legs, with the zoo explaining that the flamingoes’ signature pink color only emerges in adulthood.  

The six Chilean flamingos mark the first hatching of the species at the zoo since 2016 and bring the zoo’s current flamingo flock to 49. 

“We are forever grateful for the heroic measures Amber took to help keep our precious flamingo eggs warm and viable,” said Gigi Allianic, from Woodland Park Zoo. “This means the world to our zoo family. They would have been lost if you hadn’t gone above and beyond for us.” 

The zoo recently completed a public poll to name one of the flamingo chicks.  If you go to the zoo today, you can meet all six of them—Magdalena, Amaya, Rosales, Gonzo, Bernardo—and Sunny, after Amber’s granddaughter. 😊 

“Having baby Sunny meet flamingo Sunny was just wonderful,” Amber said. “I am excited to see them both grow up.”   

Alaska Airlines invests in its people with $200 million in payouts and enhanced travel perks 

Alaska Airlines employees are wrapping up the week on a positive note, as our annual incentive payout brings the total payouts for Air Group Employees to $200 million for 2023.

Our company’s annual payout, called Performance Based Pay (PBP), is determined by our performance towards specific company-wide goals for safety, guest experience, sustainability and profit.  

Despite facing our share of headwinds last year, we once again delivered an excellent operation from start to finish. As a result, employees earned an above-target PBP payout for the third year in a row and 16th time in the 21-year history of PBP. This equates to more than 6 percent of most employees’ annual pay last year. 

Credit to our employees, who are the strength of our airline,” said CEO Ben Minicucci. “I am especially pleased that we exceeded our targets in both Safety and Guest Satisfaction, which directly reflect the care, attention to detail, and the quality of work that our people deliver every day.” 

The PBP payout is in addition to the approximately $30 million in 2023 operational bonuses that employees earned for achieving monthly on-time and customer satisfaction goals. The combined monthly and annual 2023 payouts paid to employees totals $200 million. 

As an added way of saying thank you, we also awarded four one-way confirmed travel passes for every eligible employee at the company. These passes can be used anywhere throughout our network—like these new & exciting leisure destinations below 👇🏼

Employees asked for better travel perks, and we listened.  

While most airline programs offer travel privileges to parents and dependent children, we realized we had an opportunity to improve our program to reflect our diverse workforce with a variety of family structures. We already extend travel privileges to one spouse or partner as well as all dependent children plus two parents for every employee, and now we’re expanding the definition of loved ones.  

We are one of the first airlines to allow greater flexibility in who can access our employee travel program. Beginning this month, employees are able to designate up to two people in lieu of parents to enjoy their travel privileges. This means that employees can now extend any unused parent travel benefits privileges to adult children, friends, siblings or anyone special to them. What’s so special about this change is that the idea came directly from our employees.  

For the inaugural year of this expanded program, 43% of our employees have taken advantage of the change and added new loved ones to their travel privileges. 

More ways to fly  

In addition to unlimited standby travel, we are always looking for more ways to encourage our employees to take to the skies. On average, every year—including 2024—we gift our employees two roundtrip tickets anywhere Alaska flies.  

They can use these tickets to book important or celebratory trips well in advance. If employees don’t want to use these confirmed tickets, they’re now able to trade them in before they expire for Mileage Plan miles that can be used on Alaska or any of our airline partners.   

Speaking of miles, in honor of our 90th anniversary, we gifted each employee 90,000 miles – that’s enough for a roundtrip ticket anywhere in the world.   

A valuable part of our total rewards  

We love how much our employees love to travel and 2023 was a year for the record books. Here are some of the highlights:  

  • In 2023, 80% employees used their travel privileges to fly at least once. 53% of their spouses or domestic partners, 61% of their children and 37% of their parents also hitched a ride.  
  • On average, our employees are able to find a standby seat 75% of the time!  
  • The most popular employee destination outside of our hub cities were Spokane, WA, Phoenix and Las Vegas.    

Hawaiian Holdings Reports 2023 Fourth Quarter and Full Year Financial Results

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HONOLULU  Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the fourth quarter and full year 2023.

"I am grateful to our team who accomplished an extraordinary amount, including realizing foundational investments during a challenging year," said Hawaiian Airlines President and CEO Peter Ingram .  "Demand is solid across our networks, our brand remains strong in Japan as the market recovers, and we have seen steady improvement in travel to Maui.  We expect the combination with Alaska will create an even more competitive combined airline, positioning the Hawaiian Airlines brand to flourish in the years ahead."

Fourth Quarter 2023 – Key Financial Metrics and Results

   

GAAP

 

YoY Change

 

Adjusted (a)

 

YoY Change

Net Loss

 

($101.2M)

 

($51.0M)

 

($122.7M)

 

($98.0M)

Diluted EPS

 

($1.96)

 

($0.98)

 

($2.37)

 

($1.88)

Pre-tax Margin

 

(19.0) %

 

(10.4) pts.

 

(22.9) %

 

(18.6) pts.

EBITDA

 

($71.8M)

 

($65.7M)

 

($98.1M)

 

($123.7M)

Operating Cost per ASM

 

15.30¢

 

(0.16)¢

 

11.77¢

 

0.88¢

 

Full Year 2023 – Key Financial Metrics and Results

   

GAAP

 

YoY Change

 

Adjusted (a)

 

YoY Change

Net Loss

 

($260.5M)

 

($20.4M)

 

($313.5M)

 

($103.1M)

Diluted EPS

 

($5.05)

 

($0.38)

 

($6.08)

 

($2.00)

Pre-tax Margin

 

(12.1) %

 

(1.0) pts.

 

(14.5) %

 

(4.5) pts.

EBITDA

 

($103.6M)

 

($41.8M)

 

($169.0M)

 

($138.0M)

Operating Cost per ASM

 

14.90¢

 

(0.36)¢

 

11.29¢

 

0.51¢

 

(a) See Table 4 for a reconciliation of adjusted net loss, adjusted diluted EPS, adjusted pre-tax margin, adjusted EBITDA, and adjusted operating cost per ASM (CASM excluding fuel and non-recurring items) to each of their respective most directly comparable GAAP financial measure.

Statistical data, as well as a reconciliation of the reported non-GAAP financial measures, can be found in the accompanying tables.

Liquidity and Capital Resources

As of December 31, 2023 the Company had:

  • Unrestricted cash, cash equivalents and short-term investments of $908.5 million
  • Outstanding debt and finance lease obligations of $1.7 billion
  • Liquidity of $1.1 billion , including an undrawn revolving credit facility of $235 million

Revenue Environment

Following the Maui wildfires, Hawaiian saw a steady recovery of travel from North America to Maui.  Non-Maui routes and international markets ex- Japan continued to perform and demand remained solid.  In international markets, strong U.S. and other point-of sale demand, coupled with an increase in Japan -originating traffic, contributed to a 20.7% point increase in International passenger load factor year-over-year.  Premium products continued to demonstrate strong performance for the fourth quarter and full year 2023.

The Company's overall operating revenue for the fourth quarter 2023 was down 8.5% compared to the fourth quarter of 2022 on 3.3% higher capacity.  In addition to the impact from the Maui wildfires, pandemic-related spoilage and revenue from pent-up travel demand in 2022 drove the year-over-year decline.  The Company's overall operating revenue for 2023 was up 2.8% from 2022 on 8.1% higher capacity.

Other Revenue for fourth quarter 2023 was down 15.9% compared to the same period in 2022, primarily driven by a decrease in cargo revenue.  Cargo activity in 2022 was higher than normal due to lingering pandemic-related effects.  Full year 2023 Other Revenue was down 16.2% compared to 2022, driven by decreases in cargo revenue and contract services.

Fourth Quarter and Full Year 2023 Highlights

Routes and scheduled services

  • Operated 108% of its 2022 capacity: 96%, 112%, and 172% capacity on its North America , Neighbor Island, and International routes, respectively
  • Launched ticket sales for new daily nonstop service between Salt Lake City and Honolulu , which will commence on May 15, 2024
  • Announced expansion of service in Sacramento with four weekly flights to Līhuʻe, Kauaʻi starting May 24, 2024 and three weekly flights to Kona on the Island of Hawaiʻi starting May 25, 2024

 

Awards and Recognition

  • Ranked highest for economy travel customer satisfaction in Consumer Reports ' 2023 Airline Travel Buying Guide
  • Named the best domestic airline in Travel + Leisure's 2023 "World's Best Awards" annual reader survey
  • Rated as one of the top airlines in the U.S. by Condé Nast Traveler readers for the 2023 Readers' Choice Awards
  • Awarded best new business class in 2023 by TheDesignAir for its new business class product, the Leihōkū Suites

 

Guest experience

  • Received FAA approval of the Starlink system on the Airbus A321neo, which is currently being installed on that fleet. Hawaiian will be the first major airline to put this technology on-board, and it is expected to be the fastest, most capable inflight connectivity available worldwide, offered free to every guest
  • Collaborated with Hawaiʻi lifestyle brand Noho Home to design Hawaiian's new in-flight amenity kits and soft goods with a focus on sustainability and rooted in aloha. Amenities are made with responsibly sourced materials and offered to Business Class guests on long-haul flights a la carte to minimize waste

 

Environmental, Social and Corporate Governance

In May 2023 , the Company published its 2023 Corporate Kuleana (Responsibility) Report, providing progress on Environmental, Social and Governance (ESG) priorities, which included a decarbonization roadmap with interim targets to lower greenhouse gas emissions focused on replacing petroleum jet fuel with sustainable aviation fuel (SAF); plans to decrease life-cycle jet fuel emissions per revenue ton mile by 45% by 2035; and efforts to replace 10% of conventional jet fuel with SAF by 2030.  The report also highlights Hawaiian's employee diversity, including the highest percentage of women pilots of any major U.S. airline.

Other activities in 2023 include the following:

  • Engaged over 1,500 volunteers who donated over 8,500 hours of community service work for more than 200 organizations throughout Hawaiʻi and other markets we serve
  • Donated $109,500 through the Hawaiian Airlines Foundation as a grant to Kāko'o 'Ōiwi, a nonprofit organization dedicated to advancing the cultural, spiritual and traditional practices of the Native Hawaiian community. The grant funded the construction of a produce washing and packing facility to serve small, family farms in the area
  • Brought the Holoholo Challenge virtual race series to Kauaʻi which raised almost $25,000 in proceeds benefiting the National Tropical Botanical Garden's McBryde Garden , a 259-acre conservation and research area that is home to the world's largest collection of native Hawaiian flora
  • Provided wide-ranging support for the Maui Community , including direct gifts of $50,000 each to the Hawaiʻi Foodbank, Maui Food Bank, and Hawaiʻi Community Foundation's Maui Strong Fund, and a donor-matching HawaiianMiles campaign for the American Red Cross Hawaiʻi totaling approximately 140 million HawaiianMiles. Additionally, Hawaiian assisted with the evacuation of displaced residents and visitors and the transportation of first responders to Maui , and also supported relief efforts by carrying over 193,000 lbs. of essential cargo

The Company continues to focus on creating long-term value and positively impacting the people, environment and communities it serves. The Company will publish its fifth annual Corporate Kuleana Report in the spring of 2024.

Merger Agreement

On December 3, 2023 , Alaska Air Group, Inc. and the Company announced that they have entered into a definitive agreement under which Alaska Airlines will acquire Hawaiian for $18.00 per share in cash, for a transaction value of approximately $1.9 billion , inclusive of $0.9 billion of Hawaiian's net debt.  The combined company will unlock more destinations for consumers and expand choice of critical air service options and access throughout the Pacific region, Continental United States and globally.  The acquisition is conditioned on required regulatory approvals, approval by the Company's shareholders, and other customary closing conditions.  It is expected to close in 12-18 months from the announcement date.

First Quarter 2024 Outlook

The table below summarizes the Company's expectations for the quarter ending March 31, 2024 expressed as an expected percentage change compared to the results for the quarter ended March 31 , 2023.  Figures include the expected impacts of the Company's freighter operation, which are not yet expected to be material.

Item

 

GAAP First Quarter
2024 Guidance

 

Non-GAAP Equivalent

 

Non-GAAP First
Quarter 2024
Guidance

Available Seat Miles (ASMs)

 

Up 2.5% to up 5.5%

       

Operating Revenue per ASM
(RASM)

 

Down 1.0% to up 2.0%

       

Costs per ASM (CASM)

 

Up 5.0% to up 7.2%

 

CASM excluding fuel and non-
recurring items (a)

 

Up 8.0% to up 11.0%

Gallons of Jet Fuel Consumed (c)

 

Up 4.0% to up 7.0%

       

Average fuel price per gallon,
including taxes and delivery (b)

 

$2.66

 

Economic Fuel Price per Gallon
(a)(b)(c)

 

$2.71

Effective Tax Rate

 

~21%

       

Full Year 2024 Outlook

The table below summarizes the Company's expectations for the full year ending December 31, 2024 expressed as an expected percentage change compared to the results for the year ended December 31, 2023.  Figures include the expected impacts of the Company's freighter operation as the Company establishes its freighter operation.

Item

 

GAAP Full Year 2024
Guidance

 

Non-GAAP Equivalent

 

Non-GAAP Full Year
2024 Guidance

ASMs

 

Up 6.0% to up 9.0%

       

CASM

 

Up 0.7% to up 3.0%

 

CASM excluding fuel and non-
recurring items (a)

 

Flat to up 3.0%

Gallons of Jet Fuel Consumed (c)

 

Up 4.0% to up 7.0%

       

Average fuel price per gallon,
including taxes and delivery (b)

 

$2.55

 

Economic Fuel Price per Gallon
(a)(b)(c)

 

$2.59

Capital Expenditures

 

$500M to $550M

       
 

(a) See Table 3 and Table 4 for a reconciliation of CASM excluding fuel and non-recurring items and economic fuel price per gallon to each of their respective most directly comparable GAAP financial measures.

(b) Average fuel price per gallon and economic fuel price per gallon estimates are based on the January 12, 2024 fuel forward curve.

(c) Gallons of jet fuel consumed do not include fuel used in the freighter operation, as those expenses are pass-through expenses not born by the Company.

Statistical information, as well as a reconciliation of certain non-GAAP financial measures, can be found in the accompanying tables.

Investor Conference Call

The Company's quarterly and full year earnings conference call is scheduled to begin today ( January 30, 2024 ) at 4:30 p.m. Eastern Time ( USA ).  The conference call will be broadcast live over the Internet. Investors may listen to the live audio webcast on the investor relations section of the Company's website at HawaiianAirlines.com . For those who are not available for the live webcast, the call will be archived and available for 90 days on the investor relations section of the Company's website.

About Hawaiian Airlines

Now in its 95th year of continuous service, Hawaiian is Hawaiʻi's largest and longest-serving airline. Hawaiian offers approximately 150 daily flights within the Hawaiian Islands, and nonstop flights between Hawaiʻi and 15 U.S. gateway cities – more than any other airline – as well as service connecting Honolulu and American Samoa , Australia , the Cook Islands , Japan , New Zealand , South Korea and Tahiti.

Consumer surveys by Condé Nast Traveler and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawaiʻi. The carrier was named Hawaiʻi's best employer by Forbes in 2022 and has topped Travel + Leisure's World's Best list as the No. 1 U.S. airline for the past two years. Hawaiian has also led all U.S. carriers in on-time performance for 18 consecutive years (2004-2021) as reported by the U.S. Department of Transportation.

The airline is committed to connecting people with aloha by offering complimentary meals for all guests on transpacific routes and the convenience of no change fees on Main Cabin and Premium Cabin seats. HawaiianMiles members also enjoy flexibility with miles that never expire. As Hawai'i's hometown airline, Hawaiian encourages guests to Travel Pono and experience the islands safely and respectfully.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA). 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 .

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views with respect to certain current and future events and financial performance.  Such forward-looking statements include, without limitation, the Company's positioning for the upcoming year; plans for additional route service; expectations related to the merger with Alaska ; expectations about the Starlink systems to be installed on the A321 fleet and in-flight amenity kits; expectations related to Hawaiian's freighter operation; the Company's environmental commitments; the Company's outlook for the first fiscal quarter and fiscal year 2024; and statements as to other matters that do not relate strictly to historical facts or statements of assumptions underlying any of the foregoing.  Words such as "expects," "anticipates," "projects," "intends," "plans," "believes," "estimates," variations of such words, and similar expressions are also intended to identify such forward-looking statements.  These forward-looking statements are and will be subject to many risks, uncertainties and assumptions relating to the Company's operations and business environment, all of which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements.

The Company is subject to risks, uncertainties and assumptions that could cause the Company's results to differ materially from the results expressed or implied by such forward-looking statements, including the risks, uncertainties and assumptions discussed from time to time in the Company's public filings and public announcements, including the Company's Annual Report on Form 10-K and the Company's Quarterly Reports on Form 10-Q, as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission.  All forward-looking statements included in this document are based on information available to the Company on the date hereof.  The Company does not undertake to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date hereof even if experience or future changes make it clear that any projected results expressed or implied herein will not be realized.

Table 1.

Hawaiian Holdings, Inc.

Consolidated Statements of Operations

(in thousands, except for per share data) (unaudited)

 
   

Three Months Ended December 31,

 

Twelve Months Ended December 31,

   

2023

 

2022

 

% Change

 

2023

 

2022

 

% Change

   

(in thousands, except per share data)

Operating Revenue:

                       

Passenger

 

$   601,621

 

$   650,841

 

(7.6) %

 

$  2,460,005

 

$  2,335,440

 

5.3 %

Other

 

67,453

 

80,194

 

(15.9) %

 

256,279

 

305,827

 

(16.2) %

Total

 

669,074

 

731,035

 

(8.5) %

 

2,716,284

 

2,641,267

 

2.8 %

Operating Expenses:

                       

Wages and benefits

 

223,012

 

218,045

 

2.3 %

 

951,524

 

833,137

 

14.2 %

Aircraft fuel, including taxes and delivery

 

202,059

 

213,204

 

(5.2) %

 

766,133

 

817,077

 

(6.2) %

Aircraft rent

 

28,914

 

25,859

 

11.8 %

 

109,741

 

103,846

 

5.7 %

Maintenance materials and repairs

 

75,296

 

65,219

 

15.5 %

 

244,296

 

236,153

 

3.4 %

Aircraft and passenger servicing

 

44,815

 

42,060

 

6.6 %

 

176,698

 

152,550

 

15.8 %

Commissions and other selling

 

30,808

 

32,076

 

(4.0) %

 

117,132

 

113,843

 

2.9 %

Depreciation and amortization

 

32,840

 

33,735

 

(2.7) %

 

133,615

 

136,169

 

(1.9) %

Other rentals and landing fees

 

44,797

 

37,122

 

20.7 %

 

171,371

 

147,143

 

16.5 %

Purchased services

 

36,001

 

33,637

 

7.0 %

 

144,822

 

129,350

 

12.0 %

Special items

 

10,561

 

12,500

 

(15.5) %

 

10,561

 

18,803

 

(43.8) %

Other

 

51,721

 

50,365

 

2.7 %

 

184,066

 

163,250

 

12.8 %

Total

 

780,824

 

763,822

 

2.2 %

 

3,009,959

 

2,851,321

 

5.6 %

Operating Loss

 

(111,750)

 

(32,787)

 

240.8 %

 

(293,675)

 

(210,054)

 

39.8 %

Nonoperating Income (Expense):

                       

Interest expense and amortization of debt
discounts and issuance costs

 

(22,358)

 

(23,054)

     

(90,540)

 

(95,815)

   

Interest income

 

13,543

 

11,858

     

57,231

 

32,141

   

Capitalized interest

 

3,123

 

1,070

     

8,833

 

4,244

   

Other components of net periodic benefit cost

 

(1,707)

 

1,252

     

(6,614)

 

5,065

   

Losses on fuel derivatives

 

(6,992)

 

(1,978)

     

(12,619)

 

(3,041)

   

Loss on extinguishment of debt

 

 

     

 

(8,568)

   

Gains (losses) on investments, net

 

6,304

 

(4,563)

     

(602)

 

(43,082)

   

Gains (losses) on foreign debt

 

(7,245)

 

(15,629)

     

11,500

 

26,667

   

Other, net

 

100

 

913

     

(1,308)

 

(1,406)

   

Total

 

(15,232)

 

(30,131)

     

(34,119)

 

(83,795)

   

Loss Before Income Taxes

 

(126,982)

 

(62,918)

     

(327,794)

 

(293,849)

   

Income tax benefit

 

(25,800)

 

(12,758)

     

(67,300)

 

(53,768)

   

Net Loss

 

$ (101,182)

 

$    (50,160)

     

$ (260,494)

 

$ (240,081)

   

Net Loss Per Common Stock Share:

                       

Basic

 

$        (1.96)

 

$        (0.98)

     

$        (5.05)

 

$        (4.67)

   

Diluted

 

$        (1.96)

 

$        (0.98)

     

$        (5.05)

 

$        (4.67)

   

Weighted Average Number of Common
Stock Shares Outstanding:

                       

Basic

 

51,655

 

51,413

     

51,596

 

51,361

   

Diluted

 

51,655

 

51,413

     

51,596

 

51,361

   

 

Table 2.

Hawaiian Holdings, Inc.

Selected Statistical Data

(in thousands, except as otherwise indicated) (unaudited)

 
   

Three Months Ended December 31,

 

Twelve Months Ended December 31,

   

2023

 

2022

 

% Change

 

2023

 

2022

 

% Change

   

(in thousands, except as otherwise indicated)

Scheduled Operations:

                       

Revenue passengers flown

 

2,655

 

2,651

 

0.2 %

 

10,876

 

9,995

 

8.8 %

Revenue passenger miles (RPM)

 

4,219,482

 

3,982,719

 

5.9 %

 

16,860,663

 

14,932,750

 

12.9 %

Available seat miles (ASM)

 

5,100,896

 

4,931,687

 

3.4 %

 

20,196,230

 

18,636,466

 

8.4 %

Passenger revenue per RPM (Yield)

 

14.26  ¢

 

16.34  ¢

 

(12.7) %

 

14.59  ¢

 

15.64  ¢

 

(6.7) %

Passenger load factor (RPM/ASM)

 

82.7 %

 

80.8 %

 

1.9     pt.

 

83.5 %

 

80.1 %

 

3.4     pt.

Passenger revenue per ASM (PRASM)

 

11.79   ¢

 

13.20  ¢

 

(10.7) %

 

12.18  ¢

 

12.53  ¢

 

(2.8) %

Total Operations:

                       

Revenue passengers flown

 

2,656

 

2,655

 

— %

 

10,879

 

10,015

 

8.6 %

RPM

 

4,220,584

 

3,988,798

 

5.8 %

 

16,864,998

 

14,964,500

 

12.7 %

ASM

 

5,103,666

 

4,940,514

 

3.3 %

 

20,204,497

 

18,684,642

 

8.1 %

Passenger load factor (RPM/ASM)

 

82.7 %

 

80.7 %

 

2.0     pt.

 

83.5 %

 

80.1 %

 

3.4     pt.

Operating revenue per ASM (RASM)

 

13.11   ¢

 

14.80  ¢

 

(11.4) %

 

13.44  ¢

 

14.14  ¢

 

(5.0) %

Operating cost per ASM (CASM)

 

15.30  ¢

 

15.46  ¢

 

(1.0) %

 

14.90  ¢

 

15.26  ¢

 

(2.4) %

CASM excluding aircraft fuel and non-recurring items (a)

 

11.77   ¢

 

10.89  ¢

 

8.1 %

 

11.29   ¢

 

10.78  ¢

 

4.7 %

Aircraft fuel expense per ASM (b)

 

3.96  ¢

 

4.32  ¢

 

(8.3) %

 

3.79  ¢

 

4.37  ¢

 

(13.3) %

Revenue block hours operated

 

52,961

 

51,715

 

2.4 %

 

211,019

 

195,361

 

8.0 %

Gallons of jet fuel consumed

 

68,756

 

64,485

 

6.6 %

 

268,491

 

239,231

 

12.2 %

Average cost per gallon of jet fuel (actual) (b)

 

$       2.94

 

$       3.31

 

(11.2) %

 

$            2.85

 

$          3.42

 

(16.7) %

Economic fuel cost per gallon (b)(c)

 

$       2.98

 

$       3.31

 

(10.0) %

 

$            2.89

 

$          3.42

 

(15.5) %

   

(a)

See Table 4 for a reconciliation of CASM excluding aircraft fuel and non-recurring items to its most directly comparable GAAP financial measure.

(b)

Includes applicable taxes and fees.

(c)

See Table 3 for a reconciliation of economic fuel cost per gallon to its most directly comparable GAAP financial measure.

Table 3.
Hawaiian Holdings, Inc.
Economic Fuel Expense
(in thousands, except per-gallon amounts) (unaudited)

The price and availability of aircraft fuel is volatile due to global economic and geopolitical factors that we can neither control nor accurately predict. The increase in aircraft fuel expense is illustrated in the following table:

   

Three Months Ended December 31,

 

Twelve months ended December 31,

   

2023

 

2022

 

% Change

 

2023

 

2022

 

% Change

   

(in thousands, except per-gallon amounts)

Aircraft fuel expense, including taxes and delivery

 

$  202,059

 

$  213,204

 

(5.2) %

 

$  766,133

 

$  817,077

 

(6.2) %

Fuel gallons consumed

 

68,756

 

64,485

 

6.6 %

 

268,491

 

239,231

 

12.2 %

Average fuel price per gallon, including taxes and delivery

 

$        2.94

 

$        3.31

 

(11.2) %

 

$        2.85

 

$        3.42

 

(16.7) %

The Company believes that economic fuel expense is a good measure of the effect of fuel prices on its business as it most closely approximates the net cash outflow associated with the purchase of fuel for its operations in a period. The Company defines economic fuel expense as GAAP fuel expense plus losses/(gains) realized through actual cash (receipts)/payments received from or paid to hedge counterparties for fuel hedge derivative contracts settled during the period.

   

Three Months Ended December 31,

 

Twelve Months Ended December 31,

   

2023

 

2022

 

% Change

 

2023

 

2022

 

% Change

   

(in thousands, except per-gallon amounts)

Aircraft fuel expense, including taxes and delivery

 

$  202,059

 

$  213,204

 

(5.2) %

 

$  766,133

 

$  817,077

 

(6.2) %

Realized losses on settlement of fuel derivative instruments

 

2,749

 

401

 

585.5 %

 

10,923

 

401

 

2,623.9 %

Economic fuel expense

 

$  204,808

 

$  213,605

 

(4.1) %

 

$  777,056

 

$  817,478

 

(4.9) %

Fuel gallons consumed

 

68,756

 

64,485

 

6.6 %

 

268,491

 

239,231

 

12.2 %

Economic fuel costs per gallon

 

$        2.98

 

$        3.31

 

(10.0) %

 

$        2.89

 

$        3.42

 

(15.5) %

 

   

Estimated three months ending
March 31, 2024

 

Estimated twelve months ending
December 31, 2024

   

(in thousands, except per-gallon amounts)

Aircraft fuel expense, including taxes and delivery

 

$           179,716

$           184,901

 

$           709,756

$           730,230

Realized (gains)/losses on settlement of fuel
derivative contracts

 

2,775

2,775

 

11,100

11,100

Economic fuel expense

 

$           182,491

 

$           187,676

 

$           720,856

 

$           741,330

Fuel gallons consumed

 

67,447

69,393

 

278,051

286,072

Economic fuel costs per gallon

 

$                 2.71

$                 2.71

 

$                 2.59

$                 2.59

Table 4.
Hawaiian Holdings, Inc.
Non-GAAP Financial Measures Reconciliation (unaudited)

The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including adjusted net income (loss), adjusted operating expenses, adjusted diluted net income (loss) per share (EPS), CASM, Passenger Revenue per RPM, adjusted EBITDA, and adjusted pre-tax margin. Pursuant to Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial measures reported on a GAAP basis.  The adjustments are described below:

  • CBA related expense .
    • In February 2023 , pilots represented by the Air Line Pilots Association (ALPA) ratified a new four-year CBA, which included, amongst other things, a signing bonus, pay scale increases across all fleet types, improved health benefits and cost sharing, and enhancements to the Company's postretirement and disability plans. In connection with the ratification, the Company recorded a signing bonus and vacation liability true-up of $17.7 million which were recorded in wages and benefits during the quarter ended March 31, 2023 .
    • In February 2022 , employees represented by the IAM-M and IAM-C ratified a new CBA, which included a one-time signing bonus of $2.1 million , which was recorded in wages and benefits during the first quarter of 2022. During the second quarter of 2022, the Company and the IAM completed a separation program under the CBA and recognized a $2.6 million one-time expense, which was recorded in wages and benefits.
  • Employee retention credit (ERC) . During the three months ended December 31, 2023 , the Company received a $32.5 million employee retention credit under the CARES Act, which was recorded in Wages and benefits in the Consolidated Statements of Operations. In addition, the Company received $1.8 million in interest income in connection with the ERC, which was recorded in Interest income in the Consolidated Statements of Operations.
  • Contract termination amortization. In December 2022 , the Company entered into a Memorandum of Understanding (MOU) with one of its third-party service providers to early terminate its Amended and Restated Complete Fleet Services Agreement (Amended CFS) covering A330-200 aircraft. The Amended CFS was originally scheduled to run through December 2027 , but terminated in April 2023 . Upon execution of the MOU, the Company recognized in fiscal year 2022 $12.5 million in termination fees. As of December 31, 2022 , the Company had approximately $24.1 million in deferred liabilities to be recognized into earnings over the remaining contract term as contra-maintenance materials and repairs expense. During the three and twelve months ended December 31, 2023 , the Company recognized approximately $0.0 million and $24.1 million , respectively, in amortization within Maintenance, materials and repairs in the Consolidated Statements of Operations.
  • Special items . The Company recorded the following as special items:
    • During the third quarter of 2022, the Company estimated the fair value of our remaining ATR-42 and ATR-72 aircraft, which resulted in the recognition of a $6.3 million impairment charge recorded as a Special item in the Company's Consolidated Statements of Operations.
    • During the fourth quarter of 2022, the Company entered into a Memorandum of Understanding (MOU) with its third-party service provider to early terminate its Amended and Restated Complete Fleet Services (CFS) Agreement (Amended CFS). The Amended CFS was originally scheduled to run through December 2027 , but terminated in April 2023 . In connection with the MOU, the Company agreed to pay a total of $12.5 million in termination fees, which was recognized at execution as a Special item in the Company's Consolidated Statements of Operations.
    • During the year ended December 31, 2023 , the Company recorded $10.6 million in Special items related to expenses related to its merger with Alaska Air Group, primarily consisting of legal, advisory, and other fees.
  • Loss (gain) on sale of aircraft . During the second quarter of 2022, the Company sold three ATR-72 aircraft and recognized a $2.6 million gain on the transactions, which was recorded in Other operating expense in the Company's Consolidated Statements of Operations.
  • Gain on sale of commercial real estate . In February 2023 , the Company entered into an agreement for the sale of its commercial real estate and recognized a gain on sale of $10.2 million , which was recorded in Other operating expense in the Consolidated Statements of Operations.
  • Interest income on federal tax refund . In March 2023 , the Company received $4.7 million in interest in connection with a $66.8 million federal tax refund received related to fiscal year 2018. The interest was recorded in Interest income in the Consolidated Statements of Operations. In December 2023 , the Company received $1.8 million in interest income in connection with the ERC, which was recorded in Interest income in the Consolidated Statements of Operations.
  • Changes in fair value of fuel derivative instruments . Changes in fair value of fuel derivative contracts, net of tax, are based on market prices for open contracts as of the end of the reporting period, and include the unrealized amounts of fuel derivatives (not designated as hedges) that will settle in future periods and the reversal of prior period unrealized amounts.
  • Loss on extinguishment of debt . During the second quarter of 2022, the Company recognized a $8.6 million loss on the extinguishment of its remaining outstanding Series 2020-1A and Series 2020- 1B Equipment Notes. Loss on extinguishment of debt is excluded to allow investors to better analyze our core operational performance and more readily compare our results to other airlines in the periods presented below.
  • Unrealized loss (gain) on foreign debt . Unrealized loss (gain) on foreign debt is based on fluctuation in exchange rates and the measurement of foreign-denominated debt to our functional currency.
  • Unrealized loss (gain) on equity securities . Unrealized losses on equity securities and gains on derivative instruments in our investment portfolio are driven by changes in market prices and currency fluctuations, which are recorded in Other nonoperating expense in the consolidated statements of operations.

The Company believes that adjusting for the impact of employee retention credits, changes in fair value of equity securities and fuel derivative contracts, fluctuations in exchange rates on debt instruments denominated in foreign currency, non-recurring expenses and income/gains (including CBA-related, contract termination amortization, special items, interest income on tax refund, gain or loss on sale of aircraft, gain on sale of commercial real estate, and loss on extinguishment of debt and the tax effect of such adjustments helps investors better analyze the Company's operational performance and compare its results to other airlines in the periods presented.

   

Three Months Ended December 31,

 

Twelve Months Ended December 31,

   

2023

 

2022

 

2023

 

2022

   

Total

 

Diluted
Per Share

 

Total

 

Diluted
Per Share

 

Total

 

Diluted
Per Share

 

Total

 

Diluted
Per Share

   

(in thousands, except per share data)

GAAP net loss, as reported

 

$ (101,182)

 

$    (1.96)

 

$   (50,160)

 

$    (0.98)

 

$ (260,494)

 

$    (5.05)

 

$ (240,081)

 

$    (4.67)

Adjusted for:

                               

CBA related expense

 

 

 

 

 

17,727

 

0.34

 

4,678

 

0.09

Employee retention credit
(ERC)

 

(32,516)

 

(0.63)

 

 

 

(32,516)

 

(0.63)

 

 

Contract termination
amortization

 

 

 

 

 

(24,085)

 

(0.47)

 

 

Special items

 

10,561

 

0.21

 

12,500

 

0.24

 

10,561

 

0.21

 

18,803

 

0.37

Loss (gain) on sale of
aircraft

 

 

 

 

 

392

 

0.01

 

(2,578)

 

(0.05)

Gain on sale of
commercial real estate

 

 

 

 

 

(10,179)

 

(0.20)

 

 

Interest income on federal
tax refund

 

(1,820)

 

(0.03)

 

 

 

(6,492)

 

(0.13)

 

 

Changes in fair value of
fuel derivative instruments

 

4,243

 

0.08

 

1,577

 

0.03

 

1,696

 

0.03

 

2,640

 

0.05

Loss on extinguishment of
debt

 

 

 

 

 

 

 

8,568

 

0.17

Unrealized loss (gain) on
foreign debt

 

7,123

 

0.14

 

15,501

 

0.30

 

(11,668)

 

(0.22)

 

(26,196)

 

(0.51)

Unrealized loss (gain) on
equity securities

 

(13,904)

 

(0.27)

 

2,110

 

0.04

 

(10,755)

 

(0.21)

 

24,949

 

0.49

Tax effect of adjustments

 

4,824

 

0.09

 

(6,211)

 

(0.12)

 

12,269

 

0.24

 

(1,242)

 

(0.02)

Adjusted Net Loss

 

$ (122,671)

 

$    (2.37)

 

$   (24,683)

 

$    (0.49)

 

$ (313,544)

 

$    (6.08)

 

$ (210,459)

 

$    (4.08)

 

   

Three months ended

December 31,

 

Twelve months ended

December 31,

   

2023

 

2022

 

2023

 

2022

   

(in thousands)

Income (Loss) Before Income Taxes

 

$          (126,982)

 

$            (62,918)

 

$          (327,794)

 

$          (293,849)

Adjusted for:

               

CBA related expense

 

 

 

17,727

 

4,678

Employee retention credit (ERC)

 

(32,516)

 

 

(32,516)

 

Contract termination amortization

 

 

 

(24,085)

 

Special items

 

10,561

 

12,500

 

10,561

 

18,803

Loss (gain) on sale of aircraft

 

 

 

392

 

(2,578)

Gain on sale of commercial real estate

 

 

 

(10,179)

 

Interest income on federal tax refund

 

(1,820)

 

 

(6,492)

 

Changes in fair value of fuel derivative instruments

 

4,243

 

1,577

 

1,696

 

2,640

Loss on extinguishment of debt

 

 

 

 

8,568

Unrealized loss (gain) on foreign debt

 

7,123

 

15,501

 

(11,668)

 

(26,196)

Unrealized loss (gain) on equity securities

 

(13,904)

 

2,110

 

(10,755)

 

24,949

Adjusted Loss Before Income Taxes

 

$          (153,295)

 

$            (31,230)

 

$          (393,113)

 

$          (262,985)

Adjusted EBITDA

The Company believes that adjusting earnings for interest, taxes, depreciation and amortization, non-recurring operating expenses (such as changes in unrealized gains and losses on financial instruments) and one-time charges helps investors better analyze the Company's financial performance by allowing for company-to-company and period-over-period comparisons that are unaffected by company-specific or one-time occurrences.

   

Three months ended

December 31,

 

Twelve months ended

December 31,

   

2023

 

2022

 

2023

 

2022

   

(in thousands)

Net Loss before Taxes

 

$          (126,982)

 

$            (62,918)

 

$          (327,794)

 

$          (293,849)

Depreciation & Amortization

 

32,840

 

33,735

 

133,615

 

136,169

Interest and amortization of debt

 

22,358

 

23,054

 

90,540

 

95,815

EBITDA, as reported

 

(71,784)

 

(6,129)

 

(103,639)

 

(61,865)

Adjusted for:

               

CBA related expense

 

 

 

17,727

 

4,678

Employee retention credit (ERC)

 

(32,516)

 

 

(32,516)

 

Contract termination amortization

 

 

 

(24,085)

 

Special items

 

10,561

 

12,500

 

10,561

 

18,803

Loss (gain) on sale of aircraft

 

 

 

392

 

(2,578)

Gain on sale of commercial real estate

 

 

 

(10,179)

 

Interest income on federal tax refund

 

(1,820)

 

 

(6,492)

 

Changes in fair value of fuel derivative contracts

 

4,243

 

1,577

 

1,696

 

2,640

Loss on extinguishment of debt

 

 

 

 

8,568

Unrealized loss (gain) on foreign debt

 

7,123

 

15,501

 

(11,668)

 

(26,196)

Unrealized loss (gain) on investment securities

 

(13,904)

 

2,110

 

(10,755)

 

24,949

Adjusted EBITDA

 

$            (98,097)

 

$              25,559

 

$          (168,958)

 

$            (31,001)

Operating Costs per Available Seat Mile (CASM)

The Company has separately listed in the table below its fuel costs per ASM and non-GAAP unit costs, excluding fuel and non-recurring items.  These amounts are included in CASM, but for internal purposes the Company consistently uses cost metrics that exclude fuel and non-recurring items (if applicable) to measure and monitor its costs.

   

Three Months Ended

December 31,

 

Twelve Months Ended

December 31,

   

2023

 

2022

 

2023

 

2022

   

(in thousands, except CASM data)

GAAP operating expenses

 

$       780,824

 

$       763,822

 

$    3,009,959

 

$    2,851,321

Adjusted for:

               

CBA related expense

 

 

 

(17,727)

 

(4,678)

Employee retention credit (ERC)

 

32,516

 

 

32,516

 

Contract termination amortization

 

 

 

24,085

 

Special items

 

(10,561)

 

(12,500)

 

(10,561)

 

(18,803)

Gain (loss) on sale of aircraft

 

 

 

(392)

 

2,578

Gain on sale of commercial real estate

 

 

 

10,179

 

Operating Expenses excluding non-recurring items

 

802,779

 

751,322

 

3,048,059

 

2,830,418

Aircraft fuel, including taxes and delivery

 

(202,059)

 

(213,204)

 

(766,133)

 

(817,077)

Operating Expenses excluding fuel and non-recurring items

 

$       600,720

 

$       538,118

 

$    2,281,926

 

$    2,013,341

Available Seat Miles

 

5,103,666

 

4,940,514

 

20,204,497

 

18,684,642

CASM—GAAP

 

15.30 ¢

 

15.46 ¢

 

14.90 ¢

 

15.26 ¢

Aircraft fuel, including taxes and delivery

 

(3.96)

 

(4.32)

 

(3.79)

 

(4.37)

CBA related expense

 

 

 

(0.09)

 

(0.02)

Employee retention credit (ERC)

 

0.64

 

 

0.15

 

Contract termination amortization

 

 

 

0.12

 

Special items

 

(0.21)

 

(0.25)

 

(0.05)

 

(0.10)

Gain (loss) on sale of aircraft

 

 

 

 

0.01

Gain on sale of commercial real estate

 

 

 

0.05

 

CASM excluding fuel and non-recurring items

 

11.77 ¢

 

10.89 ¢

 

11.29 ¢

 

10.78 ¢

 

   

Estimated three months ending
March 31, 2024

 

Estimated twelve months ending
December 31, 2024

   

(in thousands, except CASM data)

GAAP operating expenses

 

$        785,786

$        825,746

 

$     3,214,296

$     3,377,846

Aircraft fuel, including taxes and delivery

 

(179,716)

(184,901)

 

(709,756)

(730,230)

Non-recurring items

 

(4,999)

 

(4,999)

 

(85,698)

 

(85,698)

Adjusted operating expenses

 

$        601,071

$        635,846

 

$     2,418,842

$     2,561,918

Available seat miles

 

5,040,454

5,187,980

 

21,416,766

22,022,901

CASM – GAAP

 

15.59 ¢

15.92 ¢

 

15.01 ¢

15.34 ¢

Aircraft fuel, including taxes and delivery

 

(3.57)

(3.56)

 

(3.32)

(3.32)

Non-recurring items

 

(0.10)

 

(0.10)

 

(0.40)

 

(0.39)

CASM excluding fuel and non-recurring items

 

11.92 ¢

12.26 ¢

 

11.29 ¢

11.63 ¢

Pre-tax margin

The Company excludes unrealized (gains) losses from fuel derivative instruments, foreign debt, and equity securities, gain on the sale of aircraft, and non-recurring items from pre-tax margin for the same reasons as described above.

   

Three months ended

December 31,

 

Twelve months ended

December 31,

   

2023

 

2022

 

2023

 

2022

Pre-Tax Margin, as reported

 

(19.0) %

 

(8.6) %

 

(12.1) %

 

(11.1) %

Adjusted for:

               

CBA related expense

 

 

 

0.6

 

0.2

Employee retention credit

 

(4.9)

 

 

(1.2)

 

Contract termination amortization

 

 

 

(0.9)

 

Special items

 

1.6

 

1.7

 

0.4

 

0.7

Loss (gain) on sale of aircraft

 

 

 

 

(0.1)

Gain on sale of commercial real estate

 

 

 

(0.4)

 

Interest income on federal tax refund

 

(0.3)

 

 

(0.2)

 

Changes in fair value of fuel derivative contracts

 

0.6

 

0.2

 

0.1

 

0.1

Loss on extinguishment of debt

 

 

 

 

0.3

Unrealized loss (gain) on foreign debt

 

1.2

 

2.1

 

(0.4)

 

(1.0)

Unrealized loss (gain) on equity securities

 

(2.1)

 

0.3

 

(0.4)

 

0.9

Adjusted Pre-Tax Margin

 

(22.9) %

 

(4.3) %

 

(14.5) %

 

(10.0) %

 

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/hawaiian-holdings-reports-2023-fourth-quarter-and-full-year-financial-results-302048498.html

SOURCE Hawaiian Holdings, Inc.

Alaska Airlines creates Hawai‘i Community Advisory Board to deepen local ties

Summary

The Hawaiʻi Community Advisory Board (HICAB) will support Alaska’s ongoing commitment to developing a true and authentic understanding of Hawai‘i’s people and culture as the airline combines with Hawaiian Airlines – honoring the legacy and significance of this beloved brand and reinforcing Alaska’s expanded role in Hawai‘i.

New advisory board will enable a stronger connection with Hawai‘i communities.

In an effort to continue cultivating a deep and enduring relationship with local Hawai‘i communities, Alaska Airlines announced today the establishment of the Hawaiʻi Community Advisory Board (HICAB). The HICAB will support Alaska’s ongoing commitment to developing a true and authentic understanding of Hawai‘i’s people and culture as the airline combines with Hawaiian Airlines – honoring the legacy and significance of this beloved brand and reinforcing Alaska’s expanded role in Hawai‘i.

“For over four decades, we have had a Community Advisory Board in the state of Alaska to seek input from communities across the state. Over the years, this exchange of ideas and information has helped us remain deeply connected to communities across a vast region that, like in Hawai‘i, are uniquely reliant on air travel. The CAB functions to ensure that our business and service are informed by local needs. We have been proud to serve Hawai‘i for over 16 years, but we know we have more to learn and feel a great responsibility to serve the people of Hawai‘i for generations to come.”

– Ben Minicucci

CEO of Alaska Airlines

The 16-member HICAB represents Alaska Airlines guests in Hawai‘i by diversity of gender, ethnicity and industry sector, including non-profit, education, healthcare, business, tourism and agriculture. The board also ensures geographic diversity with members from each of the main Hawaiian Islands who will serve either two- or three-year staggered terms. The HICAB will be a corporate and community sounding board for Alaska in Hawai‘i, providing feedback and recommendations on Alaska’s business approaches and initiatives, local current events, and community investment needs.COO & Creative Director, Sig Zane Designs & SZKaiao Creative

Paula Akana

President & CEO, The Friends of ʻIolani Palace

Nāʻalehu Anthony

Founder, Palikū Documentary Films

Todd Apo

VP, Community Partnerships & Public Affairs, Hawai‘i Community Foundation

Rosie Davis

Executive Director, Huli Au Ola, Maui County Area Health Education Center (AHEC)

Stephanie Donoho

Administrative Director, Kohala Coast Resort Association

Art Gladstone

EVP & Chief Strategy Officer, Hawai‘i Pacific Health

Hōkūlani Holt

Director of Kahōkūala, Hawaiian Cultural Arts Institute, UH Maui College

Stephanie Iona

Community Outreach Manager, Kekaha Agriculture Association

Meli James

Cofounder, Mana Up

Valerie Janikowski

Program Administrator, Lānaʻi Kinaʻole

Kūhiō Lewis

CEO, Council for Native Hawaiian Advancement

Colbert Matsumoto

Chairman, Tradewind Group

Ben Rafter

President & CEO, Springboard Hospitality

Trisha Kēhaulani Watson-Sproat

President, Honua Consulting

Jayson Watts

Director of Environmental Health and Safety, Mahi Pono

Kūhaʻo Zane

COO & Creative Director, Sig Zane Designs & SZKaiao Creative

 “The HICAB will be instrumental in shaping the future of Alaska Airlines in Hawai‘i,” said Daniel Chun, Alaska Airlines Regional Vice President, Hawai‘i. “Their insights into our local community’s needs and preferences will guide our decision-making, ensuring that our services and initiatives not only resonate with Hawaiʻi residents, but also foster sustainable growth.”

For more information on Alaska’s combination with Hawaiian Airlines, visit our joint website at localcareglobalreach.com.

Alaska Air Group reports fourth quarter and full year 2023 results 

Announced agreement to acquire Hawaiian Airlines

Achieved record annual operating revenue of $10.4 billion

Alaska Air Group Inc. (NYSE: ALK) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Air Group’s 2023 accomplishments were significant,” said CEO Ben Minicucci. “I want to thank our people for delivering a reliable operation, industry-leading cost performance, and a strong 7.5% adjusted pretax margin. As we navigate early 2024, we remain steadfast in our commitment to safety, providing a premium experience for our guests, and delivering durable financial performance. I am also grateful for how the team has rallied together to demonstrate tremendous professionalism and care in the midst of a challenging start to 2024 for them and our guests. Alaska is a resilient company with a track record of operational excellence, and we are confident in the plans we have laid out to ensure that success moving forward.”

Financial Results:
  • Reported net loss for the fourth quarter and net income for the full year 2023 under Generally Accepted Accounting Principles (GAAP) of $2 million, or $0.02 per share, and $235 million, or $1.83 per diluted share. These results compare to net income for the fourth quarter and full year 2022 of $22 million, or $0.17 per diluted share, and $58 million, or $0.45 per diluted share.

  • Reported net income for the fourth quarter and full year 2023, excluding special items and mark-to-market fuel hedge accounting adjustments, of $38 million, or $0.30 per diluted share, and $583 million, or $4.53 per diluted share. These results compare to net income for the fourth quarter and full year 2022, excluding special items and mark-to-market fuel hedge accounting adjustments, of $118 million, or $0.92 per diluted share, and $556 million, or $4.35 per diluted share.

  • Generated an adjusted pretax margin of 7.5% for the full year 2023, among the highest in the industry.

  • Recorded $2.6 billion in operating revenue for the fourth quarter, and a record $10.4 billion for the full year 2023.

  • Reduced CASM excluding fuel and special items by 6.6% in the fourth quarter and 2.6% in the full year compared to 2022.

  • Generated $1.1 billion in operating cash flow for the full year 2023.

  • Repurchased approximately 2 million shares of common stock for $75 million in the fourth quarter, bringing total repurchases to approximately 3.5 million shares for $145 million for the full year 2023.

  • Recognized more than $400 million in bank card partner commissions in the fourth quarter and $1.6 billion for the full year 2023, representing a 13% year-over-year increase compared to the full year 2022.

  • Air Group employees earned $200 million of incentive pay in 2023 by achieving profitability, sustainability, operational, and safety targets. The payout represents more than three weeks of pay for most employees.

  • Received an investment grade credit rating of “Baa3” from Moody’s Investors Service, citing the Company’s “strong business profile and conservative financial policy.” 
Balance Sheet and Liquidity:
  • Ended the year with a debt-to-capitalization ratio of 46%, within the target range of 40% to 50%.

  • Repaid $40 million in debt in the fourth quarter, bringing total debt payments to $282 million for the full year 2023.
Operational Updates:
  • Agreed to purchase Hawaiian Airlines for $18 per share in cash. The proposed combined airline will preserve both the Alaska and Hawaiian brands and provide guests with an expanded network across the Pacific.

  • Placed our first 737-800 freighter into operating service, with a second 737-800 freighter expected to be delivered in the first quarter of 2024.

  • Announced Alaska’s 30th global airline partner, Porter Airlines, opening new opportunities for guests to travel to Canada from the West Coast.

  • Announced new routes beginning in 2024, including: Seattle-Toronto, Anchorage-New York JFK, Anchorage-San Diego, and Portland-Nashville.

  • Enhanced partnership with Condor Airlines with a bilateral codeshare agreement that enables Alaska and Condor to sell each other’s flights.

  • Completed sale of ten Airbus A321neos to American Airlines, with eight transactions occurring in the fourth quarter and two in January.

  • Introduced inflight contactless payment Tap to Pay, an industry first, providing customers with an easier option to make purchases while flying.
737-9 MAX Grounding:
  • Preparing to complete the final inspections on all of our 737-9 MAX aircraft. Each aircraft will be returned to service after the inspection has been completed and any findings resolved.

  • Completed requested inspections of all 737-900ER aircraft with only one minor finding which was immediately corrected.

  • Initiated a thorough review of Boeing’s production quality and control systems, including Boeing’s production vendor oversight to enhance quality control on new aircraft.

  • Began enhanced quality oversight program at the Boeing production facility, expanding our team to validate work and quality of our aircraft as they progress through the manufacturing process.
Environmental, Social, and Governance Updates:
  • Partnered with climate-tech company CHOOOSE to offer guests the ability to purchase sustainable aviation fuel credits or support nature-based climate projects upon check-out.

  • Through Alaska’s Care Miles program, Mileage Plan members donated over 100 million miles to 22 different charities in 2023.
Awards and Recognition:
  • Named Worldwide Airline of the Year by the Centre for Aviation at the World Aviation Summit in Abu Dhabi.

  • Achieved a score of 100 on the Human Rights Foundation’s 2023-2024 Corporate Equity Index in recognition of Alaska’s policies and practices supporting LGBTQ+ workplace equality.

Hawaiian Airlines Boosts Summer Schedule

A330_DiamondHead2018_4C_mid

HONOLULU – Hawaiian Airlines, Hawaiʻi's hometown airline, is preparing for strong summer travel demand to and from Hawaiʻi by increasing flights between Honolulu (HNL) and Austin (AUS), Boston (BOS), Las Vegas (LAS) and Pago Pago (PPG). The airline will also add a fourth daily flight between HNL and Los Angeles (LAX) from May 24 through Sept. 2.

"Travelers will enjoy more options and convenient schedules as they plan their summer travel to and from the islands," said Brent Overbeek, senior vice president and chief revenue officer at Hawaiian Airlines. "This is also the first year we will offer a fourth daily HNL-LAX flight, which reflects the strong demand for our brand in Southern California.”

Hawaiian will operate the routes with an Airbus A330 aircraft, in addition to featuring its flagship Boeing 787-9 on select flights between LAX and HNL. Guests will experience Hawaiian hospitality including culinary delights through the airline’s Featured Chef Series, signature beverages by Kō Hana Rum and Maui Brewing Co., and island treats from the Pau Hana snack cart. Complimentary in-flight entertainment is offered on all transpacific flights and includes the airline’s specially curated video collection, Hana Hou! TV.

Summer Service Additions:

  • AUSTIN: Adding one weekly flight on Fridays (totaling four flights weekly) | May 24 – Aug. 2.
     
  • BOSTON: Adding one weekly flight on Thursdays (totaling five flights weekly) | May 23 – Aug. 1.
     
  • LAS VEGAS (HA5/6): Increasing to daily service (up from four flights weekly and totaling three daily flights) | May 24 – July 31.
     
  • LOS ANGELES: Adding a fourth daily flight | May 24 – Sept. 2.
     
  • PAGO PAGO: Adding one weekly flight on Wednesdays (totaling three flights weekly) | May 22 – Sept. 4.

To view flight schedules or to book a flight, please visit www.HawaiianAirlines.com.

About Hawaiian Airlines
Now in its 95th year of continuous service, Hawaiian is Hawaiʻi's largest and longest-serving airline. Hawaiian offers approximately 150 daily flights within the Hawaiian Islands, and nonstop flights between Hawaiʻi and 15 U.S. gateway cities – more than any other airline – as well as service connecting Honolulu and American Samoa, Australia, Cook Islands, Japan, New Zealand, South Korea and Tahiti.

Consumer surveys by Condé Nast Traveler and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawaiʻi. The carrier was named Hawaiʻi's best employer by Forbes in 2022 and has topped Travel + Leisure’s World’s Best list as the No. 1 U.S. airline for the past two years. Hawaiian has also led all U.S. carriers in on-time performance for 18 consecutive years (2004-2021) as reported by the U.S. Department of Transportation.

The airline is committed to connecting people with aloha by offering complimentary meals for all guests on transpacific routes and the convenience of no change fees on Main Cabin and Premium Cabin seats. HawaiianMiles members also enjoy flexibility with miles that never expire. As Hawai‘i’s hometown airline, Hawaiian encourages guests to Travel Pono and experience the islands safely and respectfully.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA). 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.

 

Alaska Air Group announces webcast of fourth-quarter 2023 financial results

Alaska Air Group Inc. (NYSE: ALK), the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will hold its quarterly conference call to discuss 2023 fourth quarter financial results at 11:30 a.m. EDT/ 8:30 a.m. PDT, Thursday, January 25, 2024. A webcast of the call will be available to the public at www.alaskaair.com/investors. An archive of the call will be posted on the website later that morning.

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