HONOLULU – Hawaiian Airlines today announced more details of its plan to achieve net-zero greenhouse gas (GHG) emissions by 2050, including commitments to significant progress in the 2030s. The carrier’s decarbonization roadmap relies on several key drivers, including the use of sustainable aviation fuel (SAF), fleet modernization and new aircraft technologies, operational best practices to improve fuel efficiency, and advocacy for air traffic control system improvements.

Hawaiian anticipates that SAF – which is made from sustainable feedstock and can have a life-cycle carbon intensity 50-80% lower than conventional jet fuel – will be the biggest contributor to reduce jet fuel emissions, which constitute the vast majority of its GHG footprint. 

In addition to reaffirming its intention to achieve net-zero emissions by 2050, the carrier committed to:

• Lowering life-cycle jet fuel emissions intensity per revenue ton mile by 45% (from 2019 levels) by 2035.
• Replacing 10% of conventional jet fuel with SAF by 2030.
• Improving fuel efficiency per available seat mile by 4% (from 2019) by 2028.
• Conserving 3 million gallons of jet fuel through operational initiatives by 2028. 

Hawaiian last week announced it would purchase 50 million gallons of SAF from biofuel company Gevo, Inc., with deliveries anticipated to begin in 2029. Hawaiʻi’s hometown airline has also partnered with Par Hawaii, the state’s largest provider of energy products, to study the commercial viability of SAF production in Hawaiʻi.   

The production of SAF is a nascent industry that will have to scale significantly to meet the airline industry’s decarbonization goals. Hawaiian looks forward to continuing to collaborate with fuel producers, as well as states and the federal government, to help accelerate SAF production and availability at commercially viable prices.

“Becoming a net-zero carbon airline is a challenge, but as an airline serving the Pacific we recognize how critical it is that Hawaiian become a more sustainable company for our guests, employees and communities,” said Peter Ingram, president and CEO of Hawaiian Airlines. “We are excited about the progress we are making and these intermediate targets to which we are committing today.”

Hawaiian, whose fleet of Airbus A330 and A321neos is among the most modern in the U.S. airline industry, has agreed to purchase 12 new Boeing 787-9 aircraft that are scheduled to begin arriving later this year. They feature advanced aerodynamics, modern engines and a composite airframe contributing to an approximately 20% fuel-efficiency improvement over prior-generation, similarly sized aircraft.

In addition to modernizing its fleet, Hawaiian is also engaged with airframe and aircraft engine manufacturers to explore new, low-carbon technologies. Hawaiian is an equity investor in REGENT, a company developing a battery-electric powered seaglider that could be suited for the carrier’s network of flights between the Hawaiian Islands.

Now in its 94th year of continuous service, Hawaiian is Hawaiʻi's biggest 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, 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. In 2022, the carrier topped Travel + Leisure’s 2022 World’s Best list as the No. 1 U.S. airline and was named Hawaiʻi's best employer by Forbes. Hawaiian^® 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.  Such forward-looking statements include, without limitation; the Company's environmental commitments; expectations relating to aircraft deliveries; expectations relating to SAF deliveries; expectations related to the market for SAF and its impact on jet fuel consumption; 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 and uncertainties that could cause the Company's results to differ materially from the results expressed or implied by such forward-looking statements, and such forward-looking statements are subject to 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 for the year ended December 31, 2022, as filed with the U.S. Securities and Exchange Commission (SEC) on February 15, 2023, as well as other documents that may be filed by the Company from time to time with the SEC.  All forward-looking statements included in this document are based on information available to the Company on, and such forward-looking statements only speak as of, the date of this press release.  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.

HONOLULU – Hawaiian Airlines today announced that it has reached an agreement with biofuel company Gevo, Inc. to purchase 50 million gallons of sustainable aviation fuel (SAF) over five years. Gevo expects to supply the SAF from a facility to be constructed in the Midwestern United States and begin deliveries to Hawaiian’s gateway cities in California starting in 2029.

“This offtake agreement gets us one step closer to achieving our goal of net-zero carbon emissions by 2050,” said Peter Ingram, Hawaiian’s president and CEO. “We intend to continue to invest in SAF, which will be pivotal in reducing our impact on the environment.”

“Gevo is pleased to welcome Hawaiian Airlines to our customer family of airlines that are working hard to achieve their net zero goals,” said Gevo CEO Dr. Patrick Gruber. “By counting all of the carbon, analyzed using Argonne’s GREET (Greenhouse Gases, Regulated Emissions, and Energy Use in Transportation) method, we are working to help airlines realize these goals.”

Argonne National Laboratory’s GREET model measures the greenhouse gas life cycle impacts of fuels, from feedstock to production through combustion.

Gevo will produce SAF using residual starch from inedible field corn, grown using regenerative farming practices. The production process also will utilize renewable electricity and renewable natural gas, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s process is designed to maximize value and minimize waste by using the same acre of farmland to produce both animal feed and renewable fuels while sequestering atmospheric carbon through photosynthesis.

The fuel sales agreement is subject to certain conditions precedent, including Gevo developing, financing, and constructing the facility to produce the SAF contemplated by the agreement.

Hawaiian has launched several sustainability initiatives in recent years including a partnership with Par Hawaii, the state’s largest provider of energy products, to study the commercial viability of producing SAF in Hawaiʻi.   

About Hawaiian Airlines

Now in its 94th year of continuous service, Hawaiian is Hawaiʻi's biggest and longest-serving airline. Hawaiian offers approximately 130 daily flights within the Hawaiian Islands, daily 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, 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. In 2022, the carrier topped Travel + Leisure’s 2022 World’s Best list as the No. 1 U.S. airline and was named Hawaiʻi's best employer by Forbes. Hawaiian^® 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.

About Gevo, Inc.

Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, which when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business.

Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI. Learn more at Gevo’s website: www.gevo.com

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including Gevo’s technology, the agreement with Hawaiian, Gevo’s ability to develop, finance and construct one or more production facilities to produce the SAF contemplated by the Agreement with Hawaiian, the timing of Gevo producing the SAF for Hawaiian, Gevo’s estimate of the expected value of the Agreement with Hawaiian, Gevo’s production of SAF, the attributes of Gevo’s products, Gevo’s ability to create net-zero carbon intensity products, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2022, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

HONOLULU – Hawaiian Airlines, Hawaii's hometown carrier, is preparing for strong summer demand to Hawai‘i by increasing weekly frequencies between Honolulu and Austin (AUS), Boston (BOS), Las Vegas (LAS) and Pago Pago (PPG). The airline will also add a fourth daily flight between Honolulu and Los Angeles (LAX) twice per week.

"We're encouraged by the robust demand for travel to Hawai'i this summer season and these increases signal a healthy return in our key North America markets," said Brent Overbeek, senior vice president – chief revenue officer at Hawaiian Airlines. "We're also excited to add a fourth HNL-LAX option, and second redeye flight, twice per week making other U.S. Mainland connections seamless and convenient."

Hawaiian will operate the routes with a mix of Airbus A330 and A321neo aircraft. Guests on all flights experience culinary delights through the airline’s Featured Chef Series, signature beverages by Maui Brewing Co. and KōHana Hawaiian Rum, 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 Schedule

• AUSTIN: Adding 1x-weekly flight on Fridays (totaling 4x-weekly) | May 26 – Aug. 18.
   
• BOSTON: Adding 1x-weekly flight on Thursdays (totaling 5x-weekly) | June 15 – Aug. 17.
   
• LAS VEGAS (HA5/6): Adding 1x-weekly flight on Wednesdays | May 31 – Aug. 30. Adding second weekly flight on Saturdays | June 3 – July 29.
  *Peak summer frequency for LAS will be 20x-weekly
   
• LOS ANGELES: Adding 2x-daily LAX-HNL on Tuesdays and Fridays | June 2 – July 28.
   *Peak summer frequency for LAX will be 23x-weekly
   
• PAGO PAGO: Adding 1x-weekly on Wednesdays (totaling 3x-weekly) | June 7 – Aug. 30.

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

About Hawaiian Airlines

Now in its 94th year of continuous service, Hawaiian is Hawaiʻi's biggest and longest-serving airline. Hawaiian offers approximately 130 daily flights within the Hawaiian Islands, daily 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, 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. In 2022, the carrier topped Travel + Leisure’s 2022 World’s Best list as the No. 1 U.S. airline and was named Hawaiʻi's best employer by Forbes. Hawaiian^® 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.

HONOLULU – Hawaiian Airlines stimulated $10.2 billion in economic activity in Hawai‘i – about 11% of the state’s gross domestic product – and was directly or indirectly responsible for 53,500 jobs statewide in 2022* despite enduring challenges of the COVID-19 pandemic, according to a new study.

The report, titled “No Kākou a Pau” (interconnectedness) to underscore the ways Hawaiian Airlines is connected to the economy of its home state, was commissioned by Hawaiian and produced by ICF, a global consultant with extensive experience in aviation and other industries.

“Following several years of uncertainty because of the COVID-19 pandemic, this is also a story of resilience. Hawaiian Airlines led through the uncertainty of COVID-19, keeping its people employed, continuing to support local industry and business, providing local jobs and training, and transporting cargo and supplies,” noted the report, which analyzed full-year data from October 2021 through September 2022.*

During this period, Hawai‘i’s hometown airline carried 9.4 million passengers to, from and within the islands (including 1.6 million visitors), supporting nearly one-third of the state’s 128,000 tourism-related jobs and generating more than $600 million in Hawai‘i state tax revenue.

A destination airline based in Honolulu for 94 years, Hawaiian directly employed more than 7,000 workers, 90% of them Hawai‘i residents. As it prepares for its next growth phase, the airline has invested in numerous workforce development initiatives and partnered with the University of Hawai‘i, Honolulu Community College, and Arizona State University to create opportunities for Hawai‘i students to pursue a rewarding aviation career.

Hawaiian, which pioneered commercial air service in the islands in 1929, continues to serve as the state’s de facto highway system in the sky by providing an unmatched network of flights for kama‘āina and visitors: it operated more than 19,500 daily interisland seats and carried 74% of all travelers between the islands over the 12 months covered by the report. 

The airline’s cargo operation – the largest of any passenger airline serving Hawai‘i – enables “business to transport goods to and from the Hawaiian Islands with speed and efficiency,” the report said. “Industries including healthcare, retail, hospitality, and agriculture are disproportionately reliant on Hawaiian Airlines’ air cargo services.”

Named by Forbes as the best employer in the state of Hawai‘i in 2022, Hawaii’s largest and longest-serving carrier provides nonstop flights within Hawai‘i, and between the islands and 15 U.S. gateway cities, as well as American Samoa, Australia, Japan, New Zealand, South Korea and Tahiti. This year, the airline’s economic contributions are expected to grow even further as it initiates service between Honolulu and the Cook Islands, resumes more Japan flights, welcomes a new fleet of Boeing 787-9 aircraft and launches a dedicated freighter operation for Amazon.

“From its very origin, Hawaiian Airlines’ story has been one of no kākou a pau – interconnectedness with the state of Hawai‘i. In 1929, its first Sikorsky S-38 aircraft took off from Honolulu bound for Hilo, stopping in Maui along the way. Today, Hawaiian Airlines is the most reliable way to travel across Hawai‘i, and its services fuel the state’s economy, driving impact for individuals and communities that are felt in all aspects of life,” the report concluded.

About Hawaiian Airlines

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

Now in its 94^th year of continuous service, Hawaiian is Hawaiʻi's biggest and longest-serving airline. Hawaiian offers approximately 130 daily flights within the Hawaiian Islands, daily 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, Japan, New Zealand, South Korea and Tahiti.

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.