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Tropic like it’s hot: 5 reasons you need to visit Belize

Belize offers vacation-seekers a place that’s unapologetically casual, warm and welcoming.

Located in Central America, Belize has a loose mix of Caribbean charm with a North American feel. You’ll find most conversations and signs are in English, as it’s the official language, and the U.S. dollar is widely accepted.

Here are just some of the adventures you can have while visiting Belize:

EXPLORE THE MYSTERY OF MAYA

Whether you’re looking to explore for an afternoon, a day or week, Belize’s ancient Maya sites are well worth it and most are just a few miles away from any major town or city.

From Xunantunich to Caracol and Cerros and Lamanai, really anywhere you go in Belize, you’re bound to come across ancient Maya temples — you might even find ancient pieces of pottery or spot a hill in the distance that’s actually a temple.

Xunantunich – Mayan Ruins

DIVE INTO THE WORLD’S SECOND-LARGEST BARRIER REEF

Home to hundreds of species of coral and fish, Belize has the world’s second-longest reef, spanning more than 185 miles — second to the Great Barrier Reef in Australia. Divers, snorkelers and biologists from all over the world love coming to Belize for its incredible oceanic life.

The Great Blue Hole, in particular, is the largest barrier reef in the Northern Hemisphere (approx. 406-foot deep) and easily one of the greatest geological wonders of the world. And, it’s only 43 miles off the coast of Belize City so you can easily see it in a day. The Hol Chan Marine Reserve, Ambergris Caye and dozens of other sites off the coast of Belize are also amazing whether you’re an experienced or amateur diver (though, it’s recommended you know how to swim before testing the waters)!

The Great Blue Hole, Belize

FLOW SOLO OR WITH FRIENDS

Whether you’re a first-time paddler or kayak enthusiast, you can enjoy going with the flow on Belize’s clear waters, where you can spot reefs, rays, sea turtles and more. Most coastal and island resorts offer kayaks for short excursions up/down beaches and around the islands, while professional kayak outfitters offer multi-day packages.

You can also explore thousands of ancient caves and underground waterfalls (i.e., Blue Creek, Caves Branch). Either way, when the water calls, Belize has the answer.

CATCH A BITE

Since many of the rivers in Belize empty into the Caribbean Sea, you’re bound to score some fresh fish. Turneffe Atoll, 20 miles from Belize City, offers some of the most desired areas in the world for fly-fishing—there, you’re bound to catch tarpon, bonefish, and permit, or maybe even all three.

Fishing guides are helpful and have no problem sharing their “secret” spots to find the perfect catch. Just remember, to fish in Belize, whether catch and release or not, you’ll need to purchase a sport fishing license. Learn more at coastalzonebelize.org.

TAKE A HIKE

Beaches not your jam? Whatever level of hiker you consider yourself, Belize has hundreds of hiking trails and forests filled with adventure, wildlife and amazing views that will keep you on your toes.

Howler monkey in the forest.

You might even encounter exotic tropical plants, birds and howler monkeys (which are known to be some of the loudest animals in the world). Also, be on the lookout for crocodiles, or the tracks of the elusive jaguar and tapir (just hope they’re only the tracks).

Many of Belize’s hiking trails are designed in loops so trailblazers can easily return to the starting point with no issues. Some trails are self-guided, and others require the expertise of a licensed tour guide who can point out wildlife and local plants.

See all of the many things you can do in Belize based on where you are.

Fly Alaska to Belize this fall

Alaska will begin seasonal service to Belize from Los Angeles and Seattle starting Nov. 19 – just in time for the holiday season! Fares between L.A. and Belize City start at $199, and $249 between Seattle and Belize City. Tickets are available for purchase now on alaskaair.com.

Alaska dispatchers and Silicon Valley are revolutionizing more efficient, sustainable ways to fly

What might be one of the most significant uses of technology to come into the aviation industry in 30 years, is happening right now … about eighty feet off the ground in Alaska Airlines’ Network Operations Center. It’s here, on the sixth floor of “The Hub” in Seattle, where Alaska dispatchers are working to determine the safest and most efficient ways to fly our aircraft from point A to point B.

“We’re responsible for selecting the route, determining the fuel and working around weather to get our flights and guests where they need to go safely, as smoothly and efficiently as possible,” said Brad Ward, a longtime Alaska dispatcher responsible for working with pilots to ensure the safe routing and operation of a flight.

“Dispatchers have relied on legacy computer systems for years to build one flight at a time. Now, with new tools, we’re able to make informed decisions quickly with even greater precision,” said Ward.

Flyways AI is a new platform from a software-first aerospace company called Airspace Intelligence. The software uses artificial intelligence (AI) to help dispatchers plan the most efficient routes around the continental U.S., and continuously monitor flights. This is a first in the U.S. transportation industry, and likely the world. AI and machine learning (ML) helps dispatchers sort through multiple sources of information to calculate the best way to get you to your destination quickly and safely. Think Waze GPS navigational app, but for airplanes.

Airspace Intelligence and Alaska have been working together for two years to best implement Flyways across the continental U.S. so that it delivers the best results in Alaska’s operating environment for innovation, safety and sustainability.

“Alaska’s pilots have a long history of operating the safest and most efficient routes in the industry, beginning with our pioneering work on Required Navigation Performance when our pilots became the world’s first to fly space-based approaches versus traditional terrestrial routes,” said Pasha Saleh, flight operations strategy and innovation director for Alaska Airlines. “Flyways is part of that continued journey. It allows us to look at everything, to optimize all available data and plan routes in real time to get our guests to their destinations smoother, safer and faster.”

Optimizing data, minimizing carbon, getting you there faster

With today’s rapidly evolving AI capabilities and our ever-present goal of reducing carbon emissions, the time is right to invest in tools that enable dispatchers to work with pilots to ensure each flight’s safe routing and operation and help us achieve our operational and sustainability goals.

When determining a flight path for an aircraft, several stakeholders are involved: the Federal Aviation Administration (FAA) and the dispatcher(s). Together, they provide routing options and recommendations based on a handful of data points and up to eight sources like weather reports and restricted air updates. Dispatchers collect the data from these FAA-approved sources before departure and build each flight’s time and flight paths.

Flyways simplifies the process, but it also enables a dispatcher to process a complex array of variables seamlessly – and predictive information about the future – that is otherwise a challenge to take in simultaneously.

Flyways understands how and when traffic jams occur and uses predictive modeling to recommend routes that optimize our overall network, not just one flight. The tool helps our dispatchers select routes that avoid bad weather, turbulence, restricted airspace and airspace congestion enabling them to do what they do best. It also consolidates multiple tools into a single dispatch system, eliminating different sources for information. And the dispatcher uses their judgment to determine when and how to use the Flyways optimized routes while always ensuring that safety comes first.

“Our mission is to improve the predictability of the highly complex and dynamically changing flight operations in the National Airspace System,” said Phillip Buckendorf, CEO of Airspace Intelligence. “We do this by applying the latest advances in AI to empower the quality, speed, and precision of human decision-makers.”

How will you notice a difference when flying Alaska?

As we all get back to more flying, Flyways will help our dispatchers deliver the safest and most efficient routes to our pilots, saving time and carbon emissions and getting our guests where they want to go faster and with less turbulence.

Imagine you’re on a flight from Seattle to New York City. Before the flight leaves, Flyways recommends a route to the dispatcher that skirts a storm currently sitting over Minnesota, saving minutes on your arrival time. And, as your flight prepares to descend, it does so on an arrival stream that Flyways has previously forecast will be least congested.

While minutes may seem insignificant when calculated into a full day of travel, every minute counts for guests connecting to flights. Plus, the amount of jet fuel consumed every minute is staggering.

In a six-month pilot with Flyways, Alaska reduced its fuel use by 480,000 gallons – reducing nearly 4,600 tons of CO2 emissions into the atmosphere. This was conducted during a time when flying overall was significantly depressed by the impacts of the COVID-19 pandemic. A perfect fit for our commitment to net zero carbon emissions by 2040 given the foundational step in that pathway to net-zero is operational efficiency. A smoother flight for our guests = a more sustainable flight for our planet. This is technology we can all get behind.

Pack your mask and fly with us at alaskaair.com.

Hawaiian Airlines Ramps Up Hiring Efforts Ahead of Summer Travel Season

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HONOLULU – Hawaiian Airlines is seeking qualified candidates to fill more than 400 positions ahead of what is expected to be a busy summer travel season.

Hawaiian saw a rebound in demand in the first quarter and has been rebuilding its network and workforce to accommodate steadily growing interest in travel to its home state. The need for team members on Maui is particularly acute, and Hawaiian is offering a $2,000 sign-on bonus to attract experienced applicants for most jobs on the Valley Isle.

“We aspire to be the employer of choice,” said Robin Kobayashi, senior vice president of human resources at Hawaiian Airlines. “We offer rewarding career opportunities along with generous travel privileges. As businesses recover from the pandemic, the need for qualified workers is increasing. It is imperative that we remain competitive, and we hope our sign-on bonus for positions on Maui generates a lot of interest.”

Hawai‘i’s hometown airline currently employs about 6,850 people, more than 90 percent of whom are based in the state. Most new positions are in airport operations and include guest service agents, ramp agents, operations managers and aircraft mechanics in Honolulu, Maui, Hilo, Kona, Līhu‘e and in select cities on the U.S. West Coast; the majority are part-time positions. Full-time job opportunities at the company’s corporate office in Honolulu are in IT, marketing, human resources and sales.

Although Hawaiian recalled nearly all furloughed employees, it is hiring to backfill vacant positions and to fill openings that support new routes. The company recently launched nonstop services between Honolulu and Orlando, Austin and Ontario, California, and added flights connecting Maui to Long Beach and Phoenix.

“We’re looking for team members who can help us deliver the exceptional service and guest experience that Hawaiian is known for,” added Kobayashi.

For a complete list of job openings, position descriptions, qualifications, and benefits, visit www.hawaiianairlines.com/careers.

About Hawaiian Airlines

Hawaiian® has led all U.S. carriers in on-time performance for each of the past 17 years (2004-2020) as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler, Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawai‘i.

Now in its 92nd year of continuous service, Hawaiian is Hawai‘i's biggest and longest-serving airline. Hawaiian offers nonstop flights within the Hawaiian Islands, between Hawai‘i and more U.S. gateway cities (16) than any other airline, as well as service connecting the islands with Japan and South Korea. As a result of the COVID-19 pandemic, Hawaiian has temporarily suspended service in Australia, New Zealand, American Samoa and Tahiti.

The airline is committed to the health and safety of its guests and employees and has reinforced enhanced cleaning procedures across its business. While the experience may be a little different, the authentic Hawaiian hospitality remains unchanged. Additional details on how Hawaiian is keeping guests and employees safe can be found at HawaiianAirlines.com/KeepingYouSafe.

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.

Hawaiian Holdings Announces Webcast of Investor Presentation at the 2021 Wolfe Transportation and Industrials Conference

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PR Newswire

HONOLULU , May 20, 2021 /PRNewswire/ — Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today announced it will webcast a presentation by Peter Ingram , Hawaiian's president and chief executive officer, at the 2021 Wolfe Transportation and Industrials Conference on Tuesday, May 25 , 2021.  The webcast will begin at approximately 9:45 a.m. Eastern Time .

The presentation will be open to the public through a live audio webcast accessible in the Investor Relations section of Hawaiian's website at HawaiianAirlines.com .

About Hawaiian Airlines

Hawaiian ® has led all U.S. carriers in on-time performance for each of the past 17 years (2004-2020) as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler , Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawai'i.

Now in its 92nd year of continuous service, Hawaiian is Hawai'i's biggest and longest-serving airline. Hawaiian offers nonstop flights within the Hawaiian Islands, between Hawai'i and more U.S. gateway cities (16) than any other airline, as well as service connecting the islands with Japan and South Korea . As a result of the COVID-19 pandemic, Hawaiian has temporarily suspended service in Australia , New Zealand , American Samoa and Tahiti.

The airline is committed to the health and safety of its guests and employees and has reinforced enhanced cleaning procedures across its business. While the experience may be a little different, the authentic Hawaiian hospitality remains unchanged. Additional details on how Hawaiian is keeping guests and employees safe can be found at HawaiianAirlines.com/KeepingYouSafe .

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 .

 

Cision View original content to download multimedia: http://www.prnewswire.com/news-releases/hawaiian-holdings-announces-webcast-of-investor-presentation-at-the-2021-wolfe-transportation-and-industrials-conference-301296515.html

SOURCE Hawaiian Holdings, Inc.

Horizon employees make 4-year-old’s birthday wish come true

When Horizon employees found out that a four-year-old guest would be flying for his birthday, they went above and beyond to make his day extra special. Photos courtesy of the Simonis family.

It’s not every day that you get to celebrate your birthday in the air onboard your first flight.

For Thor’s birthday, his parents got him a special present – his first flight, which happened to be on Horizon Air.

When employees from Horizon Air, Alaska’s regional airline, found out that a four-year-old guest would be flying for his birthday, they went above and beyond to make his day remarkable.

William Suarez, Horizon duty manager of Seattle station operations, was notified by Patricia Eidem, Horizon SOC customer operations manager, that an inbound flight from Pasco had a special guest onboard.

The special guest was named Thor and he happened to be celebrating his fourth birthday. Eidem had heard the news about Thor and his family from CSA Andrew Dorman.

Megan Simonis, Thor’s mom, says he loves airplanes. Whenever he looks up and sees an airplane, he stops what he’s doing, makes everyone around him look up at the plane and wave. He always says he’s going to fly one someday.

The family flew from Pasco to Seattle to eat lunch and return home the same day.

In Pasco, Dorman checked Thor’s family in. They boarded early and took photos with and talked to the crew. Onboard, the flight attendant even made a birthday announcement.

In Seattle, Thor was greeted by a welcoming committee.

In Seattle, Thor was greeted by a welcoming committee made of Matt Anderson, supervisor of customer service; Christa Hastings, supervisor of customer service; Brittney Leggett, ground service agent team captain; and Tyler Strader, communications agent. The team greeted Thor and his family holding pom poms and signs.

“I was able to gather some Alaska-branded merchandise to throw in the bag and gave him a personalized card from the team,” Suarez said.

Thor was so happy and excited.

“The team went above and beyond for Thor’s birthday,” wrote Simonis, in an email. “It was truly a magical day, one that won’t be forgotten. You all are amazing.”

Alaska Airlines flies season’s first Copper River salmon to Seattle

A fish-filled (& painted) jet touched down at Seattle-Tacoma International Airport shortly after 10 a.m. today, carrying 17,000 pounds of wild Alaska Copper River salmon. For many, the fish are a sign that summer is officially here!

In total, today, we’re flying nearly 55,000 pounds of salmon from Cordova, Alaska to Seattle by Alaska Air Cargo – the first of many shipments expected this season, which runs now through September.

How does Alaska Airlines keep the fish fresh during the flight? Copper River salmon shipped on Alaska Air Cargo arrive as fresh as possible to grocery stores and restaurants across the nation, thanks in part to a cool chain training program required of all airline employees who handle perishables. Employees follow strict seafood quality standards and pass an annual food quality course. The goal is to keep seafood moving rapidly throughout its journey on Alaska Airlines and maintain a consistent temperature range from the time it leaves the water to when it arrives at stores and restaurants.

When is copper river salmon season? Usually mid-May through June.

Anchorage based pilots Tim Deal and Bill Jacobson with the first first, a 37-pound Copper River salmon.

How big can the salmon get? A Copper River king salmon (also called a Chinook) can grow up to 50 pounds or more, according to the Copper River Marketing Association.

How does it taste? Copper River salmon must travel 300 miles from the ocean, where they have spent their adult lives, through rugged terrain and icy waters to reach their spawning grounds, a journey that requires extra stores of energy in the form of fat, according to the Copper River Marketing Association. It is this fat that not only creates the exceptional flavor and texture of Copper River salmon, but also the high levels of omega-3 fatty acids that make it so healthy to eat.

Want to see the season in action? Fly to Cordova, Alaska. Nestled in the thick of the Chugach National Forest, Cordova is quintessential small-town Alaska. It’s a place where everyone knows everyone, and like many coastal areas in Alaska, Cordova is only accessible by boat or plane. It’s a place where neighbors take care of one another, all united by passion for their community and the land they call home. Related: An Alaska state fishing tradition on the Copper River Delta

Download your very own Cordova background for your next virtual meeting!

Cook at home with Tom Douglas’ salmon recipe

“I like to use sockeye salmon for this dish – its firm flesh and rich flavors are perfect for steaming. You could, of course, use other types of salmon and this is a good technique for other firm-fleshed fish such as ling cod or halibut. Chinese bamboo steamers work well and they are not very expensive, though any steamer set up is fine. I love the aromatic steam you get in this method of cooking: the water really does have a beautiful aroma and it permeates the salmon.” – Tom Douglas, Seattle chef & restaurateur

Sake steamed Sockeye salmon with sake butter recipe:

What you’ll need:
1 Stalk lemongrass, split lengthwise
2 cups water
2 cups sake
10 Ginger coins, sliced 1/8” thick
2 Star Anise pods
Peel of 1 orange
1 ½ pounds salmon fillet, cut into 4 portions
Serves 4

Directions:

  • Bruise the lemongrass with the back of your knife to help release the aromatics.
  • Set up your steamer (we use a large saucepan or a wok with a Chinese bamboo steamer set over it).
  • Place the lemon grass, water, sake, ginger, star anise, and orange peel in the bottom of your steamer (ie. the saucepan or wok). Bring to a boil.
  • Lay the salmon fillets in the steamer basket and cover with the steamer lid.
  • Steam until the salmon is just done, about 4 to 5 minutes.
  • Place a salmon fillet on each plate. Spoon some of the sake butter over each portion of fish. Garnish with a lime wedge.
  • Serve with Crispy Sesame Rice Cake or Aromatic Steamed Rice and steamed baby bok choy. Pair it with some sake or a glass of classic Oregon Pinot Gris.

Bon appetit!

Hawaiian Airlines, POW! WOW! Hawai‘i Release Exclusive Anniversary Logo Collection

HONOLULU – Hawaiian Airlines and POW! WOW! Hawai‘i, in partnership with the Bishop Museum, are celebrating the art collective’s 10th anniversary with a series of commemorative merchandise being sold to support arts education for children in Hawai‘i.

The collection features designs by the founder and lead director of POW! WOW! Hawai‘i Jasper Wong, directors Kamea Hadar and Jeff Gress, as well as keiki art from the Pālama Settlement program. The first set in the five-style collection is available starting today on Shop.HawaiianAirlines.com and includes co-branded hats, water bottles and a matte black sketch book. A new artist collection will be released at the beginning of each month, coinciding with the anniversary exhibit at Bishop Museum titled POW! WOW! The First Decade: From Hawai‘i to the World, which runs May 15 through Sept. 19.

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“We’re excited to launch this exclusive collection in celebration of POW! WOW! Hawai‘i’s anniversary and congratulate them on ten successful years of bridging our local community with the global arts scene,” said Alisa Onishi, senior director of brand and community and cultural relations at Hawaiian Airlines. “This collection represents our longstanding partnership and highlights the diverse styles of each artist displayed on essential items that are great for travel, work and play.”  

All proceeds will go back into the local community by supporting arts education for children through Bishop Museum’s various initiatives which include interactive experiences, engaging hands-on programs, and guided tours.

“We’re extremely grateful to our partners and community members who have embarked on this decade-long journey with us,” said Jasper Wong, founder and lead director of POW! WOW! Hawai‘i. “Launching a fun and functional collection while also supporting the next generation of artists is a great way to commemorate this milestone.”

Hawaiian Airlines + POW! WOW! Hawai‘i Logo Collection Launch Dates:

Co-Branded Collection, available now
Featured items include: a Flexfit® raised 3-D embroidered hat; a mid-profile, curved visor trucker hat; a 40-ounce double-wall stainless steel thermal bottle available in a coated matte black or matte white finish; a removeable adhesive sticker; and a soft touch, matte black book with unlined acid free pages making it the perfect place to explore the creative process.

PW group shot

 

Jasper Wong Collection, available June 1
This vibrant, playful collection features a tri-color rainbow design displayed on an insulated travel cooler, beach towel, crew socks, cotton t-shirt and adhesive sticker.
 

Jasper Cooler

Kamea Hadar Collection, available July 1
Three hibiscus, inspired by Hawaiian’s brand colors, adorn this collection of everyday items including an assortment of drinkware, large canvas tote with enamel pin, a Flexfit® raised 3-D embroidered hat and adhesive sticker.
 

Kamea Mug Front 002

Jeff Gress Collection, available Aug. 1
Collection details will be available closer to launch.

Pālama Settlement Collection, available Sept. 1
Collection details will be available closer to launch.

About POW! WOW!

The name POW! WOW! was inspired by the color-filled pages of comic books. “POW!” being the impact that art has on a person. And “WOW!” being the reaction that art has on a viewer. Together they form POW! WOW!, (pow wow), which is a Native American term that describes a gathering that celebrates culture, music, and art. It spoke to the core of POW! WOW!’s mission to beautify, educate, and bring people together through art.

Over the past decade, POW! WOW! has grown into a global network of artists and has organized mural festivals across the globe. As of today, it holds festivals in over 17 cities and brings over 100 international and local artists together to create murals and beautify communities.

About Bernice Pauahi Bishop Museum

Bernice Pauahi Bishop Museum’s mission is to inspire our community and visitors through the exploration, celebration and perpetuation of the extraordinary history, culture, and environment of Hawai‘i and the Pacific. The museum was founded in 1889 by Charles Reed Bishop in memory of his wife Bernice Pauahi Bishop, a royal descendant of King Kamehameha I. Today, the museum thrives as an educational center for the community and is widely regarded as the world’s premier institution for Hawaiian and Pacific content. Its vast collections of more than 25 million objects and specimens represent nine disciplines and include more than 22 million biological specimens, over two million cultural objects, 115,000 historical publications, and one million photographs, films, works of art, audio recordings, and manuscripts. These collections tell the stories of the cultures and biodiversity of Hawai‘i and the Pacific as well as the proud legacy of scholarly research spanning 130 years. Bishop Museum proudly serves more than 200,000 visitors each year, including 20,000 children on school visits. To learn more about the museum’s research, collections, exhibits, and programs, visit BishopMuseum.org, follow @BishopMuseum on Twitter and Instagram, become a fan of Bishop Museum on Facebook, visit Bishop Museum’s YouTube channel, or call (808) 847-3511. Bishop Museum is a 501(c)(3) nonprofit organization.

About Hawaiian Airlines

Hawaiian® has led all U.S. carriers in on-time performance for each of the past 17 years (2004-2020) as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler, Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawai‘i.

Now in its 92nd year of continuous service, Hawaiian is Hawai‘i's biggest and longest-serving airline. Hawaiian offers nonstop flights within the islands, between Hawai‘i and more U.S. gateway cities (16) than any other airline, as well as service connecting the islands with Japan and South Korea. As a result of the COVID-19 pandemic, Hawaiian has temporarily suspended service in Australia, New Zealand, American Samoa and Tahiti.

The airline is committed to the health and safety of its guests and employees and has reinforced enhanced cleaning procedures across its business. While the experience may be a little different, the authentic Hawaiian hospitality remains unchanged. Additional details on how Hawaiian is keeping guests and employees safe can be found at HawaiianAirlines.com/KeepingYouSafe.

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.

AAPI heritage destinations Alaska Airlines’ oneworld partners can take you to *someday*

As parts of the world start to open up to international travel, knowing where you can fly and what you can do when you get there is key.

To celebrate Asian American & Pacific Islander Heritage Month, we’ve compiled a list of places you can fly to (when travel is permitted) on our oneworld airline partners and tips from our employees who are members of our Pan-Asian and Pacific Islander business resource groups.

Although the term AAPI generally refers to Asian Americans and Pacific Islanders, it’s important to know the rich heritage and diversity within it, especially before traveling to Asian and Pacific Islander destinations. Here’s a roundup of destinations you must add to your travel bucket list and cultural tips when you get there.

Asia

Although some capacity is picking back up in mainland China, overall, the travel industry in Asia is still looking forward to opening its borders to visitors. We expect more travel as people get vaccinated and the resurgent of coronavirus cases subside.

Here are airlines you can fly to Asia and earn/redeem Alaska miles with our oneworld alliance:

  • American Airlines
  • British Airways
  • Cathay Pacific
  • Japan Airlines
  • Malaysia Airlines
  • Qantas
  • Royal Jordanian
  • S7 Airlines
  • SriLankan Airlines
  • Fiji Airways

Culture note: Asian Americans may include persons having origins in any of the original people of Asia’s six major sub-regions: East, West, Central, Northern, Southeastern and North including, but not limited to: Indonesia, Cambodia, China, India, Japan, Korea, Malaysia, Pakistan, the Philippines, Thailand and Vietnam.

HONG KONG

oneworld partners to fly:

Derek, Manager Software Engineering in Seattle

I grew up in Hong Kong, a pretty small place compared to the state of Washington, where I Iive now (165x smaller). Although I’ve been in the U.S. for a while, I miss everything about Hong Kong – especially the food. There are so many great layers to Hong Kong, and I’m sure you’ll find one you enjoy.

Visit during fall and winter instead of summer as it gets very hot and humid. I’d also suggest bringing a pair of comfortable walking shoes, as travel by foot is easy when used in conjunction with public transportation (known as the Mass Transit Railway, or MTR, in Hong Kong.)

Most people in Hong Kong understand and communicate in English – so try to explore the city on your own instead of joining a group tour. This way, you’ll have an opportunity to interact with the locals (who love visitors and may end up becoming your new friend!).

Mindful travel advice: You’ll notice that in Hong Kong, although we stand close to each other while talking, body contact should be avoided when you first meet someone. I also suggest that you do not point your index finger at someone, as it is considered rude, as it is in other countries around the world.

Common greeting in Hong Kong: Neih hou, (pronounced “nay hoe”), is Cantonese and means “How are you?”

JAPAN

oneworld partner to fly: Japan Airlines

Edrea, Alaska Airlines Technical Product Owner in Seattle

I am a Nisei, or second-generation Japanese American. What I love most about Japan is its unique diversity and distinctive culture – deeply rooted in traditions and blended with the latest innovations – Japan leaves you enchanted and wanting more.

Whether you’re a foodie, a trendsetter or eager to experience Japan’s pursuit of perfection through its beautiful traditions, there is something for everyone! From the moment you step off the plane, you will experience the art of omotenashi, or genuine hospitality and exceptional service that anticipates your every need. Immerse yourself in the rich culture by taking advantage of the JR Rail Pass to explore Japan at your own pace by train, or if you prefer flying, our oneworld partner Japan Airlines can connect you anywhere between Okinawa and Sapporo (and even Tokyo Disney!). Don’t forget to grab an ekiben (railway bento) to enjoy on the train!

Travel advice: When traveling around Japan, it’s super important to be mindful of others and don’t litter or talk loudly on the train. Tipping is not necessary and avoid standing your chopsticks in your food (it’s considered bad luck!).

Common greeting in Japan: Konnichiwa (pronounced “koh knee chi wah), is Japanese and typically means “hello” during a mid-day to early evening greeting.

Pacific Islands

Some Pacific Islands are open to travel, which is good news for people eager to find a vacation spot this summer, but don’t assume that everything is back to normal everywhere you go.

For example, the beautiful islands of French Polynesia, which include popular beach getaways like Tahiti and Bora Bora, reopened its borders to travelers arriving from the United States on May 1 who have been in the U.S. for at least 30 days prior to departure — but islands of Tahiti still have curfews in place until June 1.

Pacific Islanders may include persons having origins in any of the original people of Oceania’s three major sub-regions of Polynesia, Melanesia or Micronesia, including, but not limited to: Hawaii, Samoa, Guam, Palau, Papua New Guinea and Vanuatu.

oneworld partners that fly to Pacific Islands:

SAMOA, POLYNESIA

oneworld partner to fly: Fiji Airways

Tai, Seattle Lounge Host

I was born and raised in Samoa – one of the main Samoan islands recognized as a United States territory, separate from the Independent Nation of Samoa. However, all of the Samoan archipelago is a tropical paradise.

Travel tip: A popular place to visit is the island of Aunu’u; it’s one of the smaller islands off the southeastern shore of Tutuila, American Samoa. There, I’d recommend visiting the marketplace where there’s all kinds of fresh fruits, local foods and souvenirs.

Mindful travel advice: Samoan culture is all about respect. When it comes to villages, there may be some restrictions; please be mindful of your behavior as local villages may be run by chiefs. Also, Samoans are modest people; I’d recommend covering up if you’re outside of a resort.

Common greeting in Samoa: Talofa, (pronounced “tah-low-fuh”), means ‘hello’, sometimes extended to ‘talofa lava’, which means ‘hello to you.’

GUAM, MICRONESIA

oneworld partner to fly: Japan Airlines

Marie Laureano, Seattle Supervisor of Passenger Record Support

I grew up in Dededo, the second largest most populated villages in Guam. What I love most about Chamorro culture (indigenous people of the Mariana Islands including Guam) is the people. The feeling of warmth is everywhere – you are always welcome into someone’s home.

Travel tip: Head south, away from Tumon (the center of tourism activity), to try some mom-and-pop shops like: Buenas Market in Yona known for their many pickled foods or Chode’s Mart in Hagatna for titiyas (Chamorro tortillas). For hiking, I’d recommend Marbo Cave in Mangilao for the inside cave you can swim through, and Thousand Steps trail in Mangilao for a beautiful water view when you reach the bottom.

Mindful travel advice: Because hospitality is so embedded into the culture, wouldn’t suggest turning down food. Don’t be shy – eat as much as you want, and don’t hesitate to take food home if offered.

Common greeting in Guam: Hafa adai, (pronounced as “half a day”), which means hi or hello.

The history behind “AAPI”

What does AAPI mean and where did it come from? There are countless distinctions within AAPI communities, starting with geographical differences. The illustration below gives a general idea where Asian and Pacific Islander origins may stem.

This map is a general geographic illustration of Asia and the Pacific Islands and what they include. It is not intended to represent the intricacies pertaining to countries, geopolitics, regions, borders, cultures or otherwise.

The catch-all term was initially created in the 1980s by the United States Census Bureau as a category for race when surveying population (deemed “Asian Pacific Islander,” or API.) Later in the 90s, the need to recognize the significant cultural and geographic differences between Asian from Pacific Islander then resulted in separating the two as racial categories, now recognized as “Asian” or “Native Hawaiian and Other Pacific Islander.” However, the old term ‘API’ stuck; today, this term has inadvertently embedded itself into the United States, often referred to as Asian Pacific Islander (API) or Asian American Pacific Islander (AAPI).

Whether or not you’re planning to travel to Asia or the Pacific Islands (although we hope you do!), we invite you to take a moment not just this month, but year-round to better understand the term AAPI, what it includes, acknowledging the differences between groups and how to appreciate them individually.

Learn more about AAPI month here and Alaska’s oneworld alliance.

Spot for two? A new way to get through airport security: Make a reservation.

This probably hits home right about now: You’re itching to take-off somewhere. Once you get to the airport, how does a shorter wait in security sound?

Save time while traveling with SEA Spot Saver, a new pilot program for TSA line reservations. Learn more.

If you’re flying out of Seattle, Alaska Airlines and the Port of Seattle are testing a new way to get you through the general screening security checkpoint faster called SEA Spot Saver.

Alaska guests can sign up online for an appointment and then get a designated time on their day of departure to pass through an expedited security screening at Checkpoint 5, which is right behind the Alaska ticket counters. Securing a slot is free and no membership is required.

You’ll get a 15-minute window of time (say 8-8:15 a.m.) to make your way through security. Appointment slots are issued every day between 4 a.m. to noon Pacific Time – when the airport is busiest – now through the end of August. Your entire family can be listed on your reservation to get through security together.

“These are the innovations and ideas that we love to make our guest experiences more convenient and stress-free, especially as more people get back to flying again,” said Charu Jain, Alaska’s senior vice president of merchandising and innovation. “With very little effort, guests can lean on technology to get them through the security process quicker.”

The program’s primary goal is to regulate passenger flow in security areas that can often become congested and improve physical distancing between travelers.

How it works

Alaska guests can register for an appointment up to 24 hours before their scheduled departure:

  1. Book a spot online with your date of travel, destination, flight number and how many are traveling in your party.
  2. You’ll receive an email with a QR code that you’ll use when you arrive at your scheduled time.
  3. Enter Checkpoint 5 during your designated 15-minute window.

Guests can also take advantage of the program once they get to the airport by scanning the QR code on SEA Spot Saver signs around the terminal — the code will take you to the website to sign up.

Save time now! The pilot program is scheduled to end on Aug. 31, 2021.

SEA Spot Saver is available only to general screening passengers who are not part of a trusted traveler program – that’s to help provide a better screening experience and create efficiency where demand is the highest. TSA PreCheck passengers will continue to be screened at Checkpoint 4 in order use their PreCheck benefits, such as not having to remove their shoes and electronics. CLEAR customers should still use their dedicated lanes at each security checkpoint.

“We can use technology to make the travel experience more streamlined and intuitive,” said Port of Seattle Commissioner Sam Cho. “Touchless solutions reduce stress for those traveling today but are the kind of innovations that will make the airport safer and more efficient for years to come.”

With hygiene and safety concerns top of mind as many of us return to air travel, we’ve focused additional innovation efforts on making it easy for your journey to be almost entirely touch-free. Here are some options:

  • Use the Alaska mobile app to do it all, from buying a ticket to checking in for your flight to paying for any bags you want to check.
  • At our airport kiosks, you can scan your mobile boarding pass to print bag tags – without even touching the screen.
  • If you need to check in with one of our agents, no need for handing over a paper trail: they can text you your boarding pass and email your receipts.
  • During boarding, your boarding pass can now be scanned from up to six feet away to help maintain physical distance.
  • Onboard your flight, enjoy the food and beverage you pre-ordered and paid for using a credit card stored in your Mileage Plan account. If you purchase a Signature Fruit and Cheese Platter and a glass of wine on the flight, our flight attendants can still use your stored credit card – no need to reach out and hand over a card.

Boxed Water is helping Alaska Airlines reduce plastic waste onboard

When it comes to recycling and sustainability, we mean business. We’ve set goals to reduce our carbon emissions to net-zero by 2040, as well as efficiency, waste and water goals for 2025, and are always looking for ways to offset our footprint.

For over two years, we’ve reduced waste on board by shifting to more sustainable practices and service items such as ditching straws in our lounges and on aircraft, using cans instead of plastic bottles and reducing packaging where we can.

Today, we’re excited to partner with Boxed Water to begin to replace single-use plastic bottles in First Class, as well in the main cabin on our Q400 aircraft, with Boxed Water’s 92% plant-based cartons. This will effectively remove 7.2 million plastic bottles from landfills per year — that’s equivalent to approximately 98,000 lbs of plastic. Earlier this year, we introduced Boxed Water on Alaska’s Horizon Air operated flights and will expand the program to all Alaska flights this summer.

Boxed Water is exactly what it suggests: a fully recyclable box-shaped carton of water, sealed with a plant-based cap. Each carton is made from sustainably harvested trees and the multi-filtered water goes through a proprietary eight-step purification – giving it a clean, crisp taste.

Alaska and Horizon employees are also excited to re-launch our industry-leading inflight recycling program on May 19.

Beyond our common goal of moving to non-plastic alternatives, both Boxed Water and Alaska partner with the National Forest Foundation (NFF). Boxed Water has planted 1.2 million trees with the organization and Alaska guests supporting their mission through donating Mileage Plan miles in our LIFT Miles program. Alaska also encourages our guests to bring their own refillable water bottle, and if each time a guest tags Alaska and #FillBeforeYouFly with a photo of their refillable, we’ll plant a tree in partnership with the Bonneville Environmental Foundation to strengthen local habitats.

Our sustainable journey

In 2007, several environmentally conscious Alaska and Horizon employees formed the “Green Team,” a business resource group dedicated to improving the environment through increased in-flight recycling and trash sorting programs and other environmental initiatives. The group was the first of its kind in the airline industry and their efforts have significantly decreased the amount of waste per guest that ends up in landfills. Green Team members were also involved in the selection process for Boxed Water.

“When researching alternatives to plastic water bottles, the Green Team considered a variety of factors on overall environmental impact such as water sourcing, packaging materials, recyclability, and shipping distance,” said Robbie Neff, Green Team member and pricing team lead at Alaska. “Boxed Water scored better than the other options of glass bottles and aluminum cans.”

In 2019, we encouraged guests to join our efforts by bringing a reusable water bottle when they travel and #FillBeforeYouFly, as part of an initiative to completely avoid using single-use plastics.
“Is there anything cuter than a mini box of water? I think not!” @courtney.mones via Instagram

While we know our greatest impact is reducing carbon emissions, every decision we make, including how we source the products we serve onboard is critically important. Alaska is committed to working with forward-thinking companies like Boxed Water that are focused on sustainability, both in their finished products and operations.

“We admire Boxed Water’s leadership to change manufacturing, production, conversation and consumer choice to create a more sustainable and eco-friendly future,” said Traynor-Corey, managing director of guest products for Alaska Airlines. “We hope that when our guests are enjoying Boxed Water they are interested in learning more about eco-friendly products and, ideally, are inspired to make sustainable choices when they travel and on the ground.”

 

For the Love of Lei: How to Join Our ʻOhana’s May Day Celebrations

On the eve of May 1, kamaʻāina (residents) across the islands string together flowers or visit their local florist so they can share lei with those around them the next day. May Day, also known as Lei Day, is a lively holiday when gifts of lei serve as gestures of aloha, hospitality is abundant, and the air is rich with fragrant blossoms, fresh greenery, live music and love for community.

Lei has long served as a symbol of our signature hoʻokipa (I am host) hospitality at Hawaiian Airlines and is shared when we greet our guests on special occasions, bless our planes before entering service and celebrate our employees.

1929 4 Bellanca with a Lei

The 1929 Bellanca CH-300 Pacemaker, our airline's first aircraft, adorned with a lei after undergoing a full restoration in 2009.

 

This year, we’re inviting our guests to join our May Day celebrations in a few different ways:

Virtually tune in to a live May Day showcase with some of Hawaiʻi’s most beloved musicians and dancers. “Hawaiian Airlines May Day 2021: Mākaʻikaʻi” will debut at 6 p.m. HST on May 1 on Hawaii News Now-KGMB and 7 p.m. HST on Hawaii News Now-KFVE. The performance will be streamed live on HawaiiNewsNow.com and the station’s Facebook channel.

Share the lei love with your ‘ohana digitally this May Day by taking a selfie with our Lei Day filter! The new plumeria lei filter is available on Facebook and Instagram.

Learn the language of lei with a starter guide to help you get to know the names and meanings of the most common lei in Hawai‘i.

Subscribe to our Spotify playlists, built with May Day in mind. Our team has selected mele (songs) that pay tribute to locations across each island. Click here to start streaming and subscribe.

Lei day 1

During this year's May Day festivities, we welcome you to take a trip down memory lane as our employees reminisce on special moments of making, giving or receiving a lei.

Debbie Nākanelua-Richards, director of community and cultural relations: This is a photo of one of the first times I received lei made of ʻākulikuli flower. I was riding in the Aloha Festival Parade that year, and I remember being moved by the fact that someone had painstakingly gathered on the island of Maui and brought for me to wear. The lei is so significant, and I always keep this photo at my desk because it was such a special gift.

Lei Day

Puamana Garcia, flight attendant: May Day always has been a special day for me. This photo was taken in 2014 while celebrating with my Hawaiian Airlines inflight ʻohana. From left: Our Handsome Crewmembers pictured are Kaimana Domingo, Stanley Dickson, Puamana Garcia, Kaleo Izumi. 

GarciaP_MayDay

Tara Shimooka, manager of external communications: My colleague took this photo when we bid aloha to our former president and CEO, Mark Dunkerley, on his last day before he retired. People from across the company stopped by to give lei, and I remember him taking the time to exchange memories with every person. There was a constant stream of people and activity throughout the day, but everyone got a chance to talk story with him. I love giving lei because it offers this unique opportunity to share a moment with someone regardless of what else is going on around you. It’s almost as if everything else stops during this brief connection. Lei Day captures that feeling and honors it, and it truly is something special. 

Tara

Alisa Onishi, senior director of brand and community: One of my most cherished, favorite memories is when my little brother Ryan and I won the Kamehameha Schools Song Contest. We were both showered with lei from our classmates and families. Winning was such an honor but winning alongside my little brother made it even better.

OnishiA_Lei

Jamie Matsuda, pricing implementation analyst: Receiving a lei is always special. We learned at an early age to sew flower lei, especially plumeria and carnations, for our school May Day programs. Our grandpa made the lei needles, so we would always have them on hand. My family would search the neighborhood for plumeria flowers, and my dad would bring home orchid and carnation flowers. We even learned to make double carnation lei, which I hardly see today. Though we are no longer in school, my mom still enjoys sewing lei and calls it her “relax time” and makes her lei even if there is no special occasion. 

MatusdaJ_Lei1

Irina De La Torre, senior specialist of community relations: When I was in sixth grade at Sunset Beach Elementary, we had to prepare for our school’s May Day celebrations by making our own lei. I distinctly remember each kid had to collect 150 plumeria flowers and bring them back to class the next day. I foraged all over the North Shore to gather my plumeria, but the trees were bare, so it proved to be more challenging than I thought. Our teachers thought we would be building character by having our parents drive us around as we actively searched and climbed trees to pick our flowers. I was so proud of myself, but I later learned some kids purchased loose plumeria from a nearby farm. Here is a picture with me wearing my lei, on the left.

Torre_MayDay

Shannon Kaleikini-Fukuda, customer service chief agent: I remember my mom's sister, Sarah (Ayat) Quick, known as Kumu (Teacher) Quick to her students at Kamehameha Schools, would come to visit our home in Kāneʻohe often. The day my family took this photo, she and my mother were teaching me how to make my first Haku Lei, which my aunt later took with her to the Annual May Day Lei Contest in Kapiʻolani Park where she was one of the judges

KaleikinFukudaS_Lei

 

Hawaiian Holdings Reports 2021 First Quarter Financial Results

HA High Res Logo_mid


PR Newswire

HONOLULU , April 27, 2021 /PRNewswire/ — Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the first quarter of 2021.

First Quarter 2021 – Key Financial Metrics

   

GAAP

 

YoY Change

 

Adjusted

 

YoY Change

Net Loss

 

($60.7M)

 

$83.7M

 

($190.6M)

 

($156.6M)

Diluted EPS

 

($1.23)

 

$1.91

 

($3.85)

 

($3.11)

Pre-tax Margin

 

(42.2)%

 

(10.9) pts.

 

(132.4)%

 

(124.4) pts.

"We reached an important inflection point during the first quarter on our path to recovery with an encouraging rebound in demand, despite the challenges that the COVID-19 pandemic continues to impose on our business. Bookings in North America improved materially as we began to realize the pent up demand for leisure travel after a year of lockdown," said Peter Ingram , Hawaiian Airlines President and CEO. "I am grateful to my colleagues who continue to connect people with aloha in the face of historic uncertainty. I am more optimistic each day about our progress as we rebuild our network and capitalize on the resilience of Hawai'i as a post-pandemic vacation destination."

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

First Quarter 2021

Financial Results

For the first quarter of 2021, the Company reported a net loss of $60.7 million , and adjusted net loss of $190.6 million .

The Company reported total revenue of $182 million , down 72% compared to the first quarter of 2019, on 49% lower capacity.  After a slow start to the year, the Company experienced a rebound in close-in demand in North America in March 2021.

The Company reported total operating expenses of $255.4 million , and operating expenses excluding non-recurring items of $402.7 million , down 33% compared to the first quarter of 2019.

Routes and Network

Throughout the first quarter of 2021, the State of Hawai'i continued its Safe Travels program, which allows guests to avoid quarantine with evidence of a negative COVID-19 test, subject to certain additional county-specific requirements.

The Company continued to rebuild as well as expand its network primarily in North America . During the first quarter, the Company operated an average of 51% of its first quarter system 2019 capacity, comprised of 73%, 38% and 12% of North America , Neighbor Island and International 2019 capacity levels, respectively.

In March and April of 2021, the Company launched four new North America routes. Starting in the summer of 2021, the Company will expand frequencies on the less than daily routes.

  • Daily service between Kahului , Maui (OGG) and Long Beach (LGB), which started March 9, 2021 .
  • Twice weekly service between Honolulu's Daniel K. Inouye International Airport (HNL) and Orlando International Airport (MCO), which started March 11, 2021 .
  • Five-times-weekly service between Honolulu's Daniel K. Inouye International Airport (HNL) and Ontario International Airport (ONT), which started March 16, 2021 .
  • Twice weekly service between Honolulu's Daniel K. Inouye International Airport (HNL) and Austin-Bergstrom International Airport (AUS), which started April 21, 2021 .

In April 2021 , the Company announced it will initiate four-times-weekly service between Kahului , Maui (OGG) and Phoenix Sky Harbor International Airport (PHX) starting in May 2021 .

Liquidity and Capital Resources

As of March 31, 2021, the Company had:

  • Unrestricted cash, cash equivalents and short-term investments of $1.9 billion , up $1.0 billion from December 31, 2020
  • Outstanding debt and finance lease obligations of $2.1 billion , up $852 million from December 31, 2020
  • Air traffic liability of $687 million , up $154 million from December 31, 2020

The Company further enhanced its liquidity position during the first quarter of 2021, including:

  • In February 2021 , Hawaiian completed a private placement by Hawaiian Brand Intellectual Property, Ltd., an indirect wholly owned subsidiary of Hawaiian, and HawaiianMiles Loyalty, Ltd., an indirect wholly owned subsidiary of Hawaiian, of an aggregate of $1.2 billion principal amount of 5.75% senior secured notes due 2026.
  • In March 2021 , the Company completed an at-the-market equity offering ("ATM program") of shares of its common stock. The Company issued an aggregate of 5.0 million shares through the ATM program, raising net proceeds of $109 million , of which $68 million was raised in the first quarter of 2021.
  • As of March 31, 2021 , the Company has received $147.3 million in grants and $20.2 million in loans pursuant to the Payroll Support Program Extension Agreement (the "PSP Extension Agreement") with the U.S. Department of the Treasury.

In February 2021 , the Company repaid in full the $45 million loan from the U.S. Department of Treasury under the Economic Relief Program pursuant to the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act"). This debt extinguishment resulted in the recognition of a non-operating loss of $4 million.

In February 2021 , the Company repaid $235 million of borrowings under its revolving credit facility, of which the full amount is available to the Company.

In the second quarter of 2021, the Company expects to receive approximately $25.1 million pursuant to the PSP Extension Agreement and approximately $179.7 million in Payroll Support Program funds pursuant to a Payroll Support Program 3 Agreement ("PSP3") with the U.S. Department of Treasury under the American Rescue Plan Act of 2021.

As of March 31, 2021 , the Company had $2.1 billion in liquidity, including the undrawn portion of its revolver. This figure does not include the $205 million of additional PSP Extension Agreement and PSP3 funding that the Company expects to receive in the second quarter. The Company is confident it has the liquidity to weather the remaining near-term effects of the pandemic and is not currently looking to raise additional capital.

Guest Experience

The Company continues to adapt its policies and services to better meet the needs of its guests. In April 2021 , the Company announced that HawaiianMiles – the currency of its award-winning loyalty program – will no longer expire. This policy comes in addition to the elimination of change fees and the extension of status for Hawaiian's elite members.

In the first quarter, the Company joined the State of Hawai'i Pre-Clear Program, allowing its guests in both domestic and participating international markets ( Japan and Korea) who are entering the state of Hawai'i to validate their pre-travel testing status at their departure airport and avoid lines upon arrival in Hawai'i.

Starting June 1, 2021 , the Company will bring back more of its signature onboard services, including drink service, complimentary Koloa Breeze cocktails, and a curated assortment of alcoholic beverages and snacks for purchase, in addition to the complimentary meals it has served throughout the pandemic, while maintaining the highest standards of safety for its guests and guest-facing team members.

The Company continues its enhanced cleaning procedures and guest-facing protocols to minimize the risk of transmission of COVID-19. Understanding that health and safety are still critical concerns for our guests, the Company will continue to focus on effective measures such as:

  • Frequent cleaning and disinfecting of counters and self-service check-in kiosks in airports.
  • Ensuring hand sanitizers are readily available for guests at airports it serves.
  • Requiring guests and guest facing employees to wear a face mask or covering, with guests required to wear masks from check-in to deplaning (except when eating or drinking on board).
  • Performing enhanced aircraft cleaning between flights and during overnight parking.

Awards and Recognition

The Company maintained its #1 national ranking for On-Time Performance for the 17th consecutive year in 2020 as well as in January and February of 2021, as reported in the U.S. Department of Transportation (DOT) Air Travel Consumer Report.

Second Quarter 2021 Outlook

The Company expects to continue to rebuild its network in the second quarter, and expects significant sequential improvement in revenue compared to the first quarter, primarily driven by strength in North America.  The Company expects a sequential increase in operating expenses, excluding non-recurring items, driven by the increase in capacity as compared to the first quarter.

The table below summarizes the Company's expectations for the second quarter ending June 30, 2021 , expressed as an expected percentage change compared to the results for the quarter ended June 30, 2019 , as applicable.

Item

 

Second Quarter 2021
Guidance

 

GAAP Equivalent

 

GAAP Second
Quarter 2021
Guidance

ASMs

 

Down 30 to 33%

       

Total Revenue

 

Down 45 to 50%

       

Operating Expenses, excluding non-recurring items (a)

 

Down 20 to 24%

 

Operating Expenses (a)

 

Down 35 to 39%

Interest Expense

 

$30 million

       

Adjusted EBITDAR (b)

 

($70) million to ($20)  million

       

Effective Tax Rate

 

~21%

       

Fuel Price per Gallon

 

$1.75

       
   

(a) See Table 4 for a reconciliation of GAAP operating expenses to operating expenses excluding non-recurring items.

(b) The Company is not providing a reconciliation of adjusted EBITDAR to GAAP net income, the most directly comparable GAAP measure, as it is unable, without unreasonable efforts, to calculate certain special and non-recurring charges, which could have a significant impact on the GAAP measure.

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

Full Year 2021 Outlook

The Company expects its capital expenditures for the full year of 2021 to be between $50 and $60 million .

Investor Conference Call

Hawaiian Holdings' quarterly results conference call is scheduled to begin today (April 27, 2021) at 4:30 p.m. Eastern Time ( USA ).  The conference call will be broadcast live over the Internet. Investors may access and 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, a replay of the webcast will be archived for 90 days on the investor relations section of the Company's website.

About Hawaiian Airlines

Hawaiian® has led all U.S. carriers in on-time performance from 2004-2019 as reported by the U.S. Department of Transportation. U.S. DOT results for 2020 will be reported in February 2021 . Consumer surveys by Condé Nast Traveler, Travel + Leisure and TripAdvisor have placed Hawaiian among the top of all domestic airlines serving Hawai'i.

Now in its 92nd year of continuous service, Hawaiian is Hawai'i's biggest and longest-serving airline. In 2019, Hawaiian offered nonstop flights between Hawai'i and more U.S. gateway cities (13) than any other airline, along with service connecting the islands with Japan , South Korea , Australia , New Zealand , American Samoa and Tahiti. As a result of the COVID-19 pandemic, Hawaiian is offering an adjusted schedule of daily flights within the Hawaiian Islands and between Hawai'i and the U.S. mainland as well as Japan and South Korea .

The airline is committed to the health and safety of its guests and employees and has reinforced enhanced cleaning procedures across its business. While the experience may be a little different, the authentic Hawaiian hospitality remains unchanged. Additional details on how Hawaiian is keeping guests and employees safe can be found at HawaiianAirlines.com/KeepingYouSafe .

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 ability and timing to rebuild its business, including its network, from the impacts of COVID-19 pandemic; funds the Company expects to receive under the PSP Extension Agreement and PSP3; the Company's ability to weather the remaining near-term effects of the COVID-19 pandemic; the Company's intention to bring back traditional onboard services; the Company's continued focus on effective cleaning, sanitization and safety efforts; the Company's expectations related to rebuilding its network and significant sequential improvement in revenue in the second quarter of 2021, including the expected strength of the North America market; the Company's expectations regarding the sequential increase in operating expenses, excluding non-recurring items, driven by the increase in capacity in the second quarter of 2021; the Company's outlook for the second quarter of 2021, including expectations regarding a ASMs, total revenue, operating expense, interest expense, adjusted EBITDAR, effective tax rate, capital expenditures 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.  These risks and uncertainties include, without limitation, the continuing and developing effects of the spread of COVID-19 on the Company's business operations and financial condition; the duration of government-mandated and other restrictions on travel; the full effect that the quarantine, restrictions on travel and other measures to limit the spread of COVID-19 will have on demand for air travel in the markets in which the Company operates; fluctuations and the extent of declining demand for air transportation in the markets in which the Company operates; the Company's dependence on the tourism industry; the Company's ability to manage its available cash; the Company's ability to accurately forecast economic volatility; macroeconomic developments; political developments; the price and availability of aircraft fuel; labor negotiations; regulatory determinations and related developments; competitive pressures, including the impact of industry capacity between North America and Hawai'i and interisland; changes in the Company's future capital needs; and foreign currency exchange rate fluctuations.

The risks, uncertainties and assumptions referred to above that could cause the Company's results to differ materially from the results expressed or implied by such forward-looking statements also include the risks, uncertainties and assumptions discussed from time to time in the Company's other 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 (unaudited)

 
 

Three Months Ended March 31,

 

2021

 

2020

 

% Change

 

(in thousands, except per share data)

Operating Revenue:

         

Passenger

$

137,469

   

$

503,469

   

(72.7)

%

Other

44,748

   

55,675

   

(19.6)

%

Total

182,217

   

559,144

   

(67.4)

%

Operating Expenses:

         

Wages and benefits

12,809

   

188,254

   

(93.2)

%

Aircraft fuel, including taxes and delivery

47,736

   

113,478

   

(57.9)

%

Maintenance, materials and repairs

34,252

   

60,409

   

(43.3)

%

Aircraft and passenger servicing

17,251

   

38,283

   

(54.9)

%

Depreciation and amortization

35,356

   

39,449

   

(10.4)

%

Commissions and other selling

11,409

   

26,716

   

(57.3)

%

Aircraft rent

29,841

   

27,004

   

10.5

%

Other rentals and landing fees

19,668

   

29,766

   

(33.9)

%

Purchased services

24,097

   

34,241

   

(29.6)

%

Special items

—

   

126,904

   

100.0

%

Other

22,962

   

42,736

   

(46.3)

%

Total

255,381

   

727,240

   

(64.9)

%

Operating Loss

(73,164)

   

(168,096)

   

(56.5)

%

Nonoperating Income (Expense):

         

Interest expense and amortization of debt discounts and issuance costs

(23,693)

   

(6,795)

     

Interest income

1,249

   

3,020

     

Capitalized interest

684

   

831

     

Gains (losses) on fuel derivatives

217

   

(6,452)

     

Loss on extinguishment of debt

(3,994)

   

—

     

Other components of net periodic benefit cost

981

   

338

     

Other, net

20,896

   

1,966

     

Total

(3,660)

   

(7,092)

     

Loss Before Income Taxes

(76,824)

   

(175,188)

     

Income tax benefit

(16,133)

   

(30,816)

     

Net Loss

$

(60,691)

   

$

(144,372)

     

Net Loss Per Share

         

Basic

$

(1.23)

   

$

(3.14)

     

Diluted

$

(1.23)

   

$

(3.14)

     

Weighted Average Number of Common Stock Shares Outstanding:

         

Basic

49,472

   

45,967

     

Diluted

49,472

   

45,967

     

 

Hawaiian Holdings, Inc.

Consolidated Balance Sheet (unaudited)

 
 

March 31, 2021
(unaudited)

 

December 31,
2020

 

(in thousands, except shares)

ASSETS

     

Current Assets:

     

Cash and cash equivalents

$

987,865

   

$

509,639

 

Restricted cash

31,817

   

—

 

Short-term investments

889,962

   

354,782

 

Accounts receivable, net

57,887

   

67,527

 

Income taxes receivable

94,724

   

95,002

 

Spare parts and supplies, net

36,014

   

35,442

 

Prepaid expenses and other

74,340

   

56,086

 

Total

2,172,609

   

1,118,478

 

Property and equipment, less accumulated depreciation and amortization of $928,892 and $894,519 as of March 31, 2021 and December 31, 2020, respectively

2,063,134

   

2,085,030

 

Other Assets:

     

Operating lease right-of-use assets

604,766

   

627,359

 

Long-term prepayments and other

118,890

   

133,663

 

Intangible assets, net

13,500

   

13,500

 

Total Assets

$

4,972,899

   

$

3,978,030

 

LIABILITIES AND SHAREHOLDERS' EQUITY

     

Current Liabilities:

     

Accounts payable

$

117,288

   

$

112,002

 

Air traffic liability and current frequent flyer deferred revenue

687,323

   

533,702

 

Other accrued liabilities

145,701

   

140,081

 

Current maturities of long-term debt, less discount

142,051

   

115,019

 

Current maturities of finance lease obligations

22,545

   

21,290

 

Current maturities of operating leases

83,428

   

82,454

 

Total

1,198,336

   

1,004,548

 

Long-Term Debt

1,863,999

   

1,034,805

 

Other Liabilities and Deferred Credits:

     

Noncurrent finance lease obligations

115,447

   

120,618

 

Noncurrent operating leases

482,140

   

503,376

 

Accumulated pension and other post-retirement benefit obligations

212,853

   

217,737

 

Other liabilities and deferred credits

79,688

   

78,908

 

Noncurrent frequent flyer deferred revenue

207,610

   

201,239

 

Deferred tax liability, net

200,824

   

216,642

 

Total

1,298,562

   

1,338,520

 

Commitments and Contingencies

     

Shareholders' Equity:

     

Special preferred stock, $0.01 par value per share, three shares issued and outstanding as of March 31, 2021 and December 31, 2020

—

   

—

 

Common stock, $0.01 par value per share, 51,107,210 and 48,145,093 shares outstanding as of March 31, 2021 and December 31, 2020, respectively

511

   

481

 

Capital in excess of par value

261,423

   

188,593

 

Accumulated income

464,919

   

525,610

 

Accumulated other comprehensive loss, net

(114,851)

   

(114,527)

 

Total

612,002

   

600,157

 

Total Liabilities and Shareholders' Equity

$

4,972,899

   

$

3,978,030

 

 

Hawaiian Holdings, Inc.

Condensed Consolidated Statements of Cash Flows (unaudited)

 
 

Three Months Ended March 31,

 

2021

 

2020

 

(in thousands)

Net cash provided by Operating Activities

$

122,009

   

$

46,887

 

Cash flows from Investing Activities:

     

Additions to property and equipment, including pre-delivery payments

(10,417)

   

(46,845)

 

Proceeds from the disposition of aircraft related equipment

117

   

—

 

Purchases of investments

(655,266)

   

(48,133)

 

Sales of investments

117,857

   

80,218

 

Net cash used in investing activities

(547,709)

   

(14,760)

 

Cash flows from Financing Activities:

     

Proceeds from the issuance of common stock

68,132

   

—

 

Long-term borrowings

1,220,259

   

235,000

 

Repayments of long-term debt and finance lease obligations

(328,256)

   

(25,320)

 

Dividend payments

—

   

(5,514)

 

Debt issuance costs

(24,664)

   

—

 

Repurchases of common stock

—

   

(7,510)

 

Payment for taxes withheld for stock compensation

(1,565)

   

(1,230)

 

Other

1,837

   

—

 

Net cash provided by financing activities

935,743

   

195,426

 

Net increase in cash and cash equivalents

510,043

   

227,553

 

Cash, cash equivalents, and restricted cash – Beginning of Period

509,639

   

373,056

 

Cash, cash equivalents, and restricted cash – End of Period

$

1,019,682

   

$

600,609

 

 

Table 2.

Hawaiian Holdings, Inc.

Selected Statistical Data (unaudited)

 
 

Three months ended March 31,

 

2021

 

2020

 

% Change

 

(in thousands, except as otherwise indicated)

Scheduled Operations (a) :

         

Revenue passengers flown

733

   

2,360

   

(68.9)

%

Revenue passenger miles (RPM)

1,054,128

   

3,711,474

   

(71.6)

%

Available seat miles (ASM)

2,466,043

   

4,974,971

   

(50.4)

%

Passenger revenue per RPM (Yield)

13.04

¢

 

13.57

¢

 

(3.9)

%

Passenger load factor (RPM/ASM)

42.7

%

 

74.6

%

 

(31.9)

pts.

Passenger revenue per ASM (PRASM)

5.57

¢

 

10.12

¢

 

(45.0)

%

Total Operations (a) :

         

Revenue passengers flown

737

   

2,362

   

(68.8)

%

Revenue passenger miles (RPM)

1,062,317

   

3,714,773

   

(71.4)

%

Available seat miles (ASM)

2,481,647

   

4,979,529

   

(50.2)

%

Operating revenue per ASM (RASM)

7.34

¢

 

11.23

¢

 

(34.6)

%

Operating cost per ASM (CASM)

10.29

¢

 

14.60

¢

 

(29.5)

%

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

14.30

¢

 

9.78

¢

 

46.2

%

Aircraft fuel expense per ASM (c)

1.92

¢

 

2.27

¢

 

(15.4)

%

Revenue block hours operated

26,995

   

52,860

   

(48.9)

%

Gallons of jet fuel consumed

29,945

   

63,822

   

(53.1)

%

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

$

1.59

   

$

1.78

   

(10.7)

%

Economic fuel cost per gallon (c)(d)

$

1.60

   

$

1.83

   

(12.6)

%

   

(a)

Includes the operations of the Company's contract carrier under a capacity purchase agreement.

(b)

See Table 4 for a reconciliation of GAAP operating expenses to operating expenses excluding aircraft fuel and non-recurring items.

(c)

Includes applicable taxes and fees.

(d)

See Table 3 for a reconciliation of GAAP fuel costs to economic fuel costs.

Table 3.
Hawaiian Holdings, Inc.
Economic Fuel Expense (unaudited)

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 March 31,

 

2021

 

2020

 

% Change

 

(in thousands, except per-gallon amounts)

Aircraft fuel expense, including taxes and delivery

$

47,736

   

$

113,478

   

(57.9)

%

Realized losses on settlement of fuel derivative contracts

165

   

3,086

   

(94.7)

%

Economic fuel expense

$

47,901

   

$

116,564

   

(58.9)

%

Fuel gallons consumed

29,945

   

63,822

   

(53.1)

%

Economic fuel costs per gallon

$

1.60

   

$

1.83

   

(12.6)

%

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

The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including net income (loss), operating expenses, diluted net income per share, CASM, PRASM, RASM, Passenger Revenue per RPM, EBITDAR, and 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:

  • During the three months ended March 31, 2020 , the effective tax rate included a tax benefit of $14.2 million resulting from the rate differential between the prevailing tax rate of 21% during the years that generated net operating losses and the previous tax rate of 35% that was in effect during the years to which net operating losses were carried back as a result of the enactment of the CARES Act.
  • During the three months ended March 31, 2021 , the Company recognized $147.3 million in contra-expense related to grant proceeds under the PSP Extension Agreement. The grant proceeds were recognized in proportion to estimated wages and benefits expense over the period the PSP Extension Agreement covers. The Company utilized all proceeds received in the first quarter of 2021 pursuant to the PSP Extension Agreement as of March 31, 2021 .
  • 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.
  • 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.
  • Changes in fair value of foreign currency derivative contracts, net of tax, are based on market prices for open contracts as of the end of the reporting period, including the unrealized amounts of foreign currency derivatives (not designated as hedges) that will settle in future periods and the reversal of prior period unrealized amounts.
  • Unrealized loss (gain) on foreign debt is based on fluctuation in exchange rates and the measurement of foreign-denominated debt to our functional currency.
  • The Company recorded the following as special items:
    • During the three months ended March 31, 2020 , a charge of $20.2 million was recorded for the ratification of a collective bargaining agreement with the Association of Flight Attendants in April 2020 (related to service prior to January 1, 2020 ).
    • During the three months ended March 31, 2020 , a special charge of $106.7 million was recorded for goodwill impairment resulting from the decline in the market value of the Company's equity (i.e., share price), and the Company's inability to support the carrying value of goodwill on its financial statements.

The Company believes that adjusting for the impact of an effective tax rate differential, the recognition of grant proceeds, changes in fair value of fuel and foreign currency derivative contracts, fluctuations in exchange rates on debt instruments denominated in foreign currency, special items and the loss recognized on the extinguishment of debt helps investors better analyze the Company's operational performance and compare its results to other airlines in the periods presented.

 

Three months ended March 31,

 

2021

 

2020

 

Total

 

Diluted Net
Loss Per Share

 

Total

 

Diluted Net
Loss Per Share

 

(in thousands, except per share data)

GAAP Net Loss, as reported

$

(60,691)

   

$

(1.23)

   

$

(144,372)

   

$

(3.14)

 

Adjusted for:

             

CARES Act carryback of additional NOLs

—

   

—

   

(14,156)

   

(0.31)

 

Payroll support programs grant recognition

(147,270)

   

(2.98)

   

—

   

—

 

Loss on debt extinguishment

3,994

   

0.08

   

—

   

—

 

Changes in fair value of fuel derivative contracts

(382)

   

(0.01)

   

3,366

   

0.07

 

Unrealized (gains) losses on foreign debt

(19,043)

   

(0.38)

   

743

   

0.02

 

Unrealized gain on non-designated foreign exchange positions

(1,749)

   

(0.03)

   

(812)

   

(0.02)

 

Special items

—

   

—

   

126,904

   

2.76

 

Tax effect of adjustments

34,534

   

0.70

   

(5,722)

   

(0.12)

 

Adjusted net loss

$

(190,607)

   

$

(3.85)

   

$

(34,049)

   

$

(0.74)

 

 

 

Three months ended March 31,

 

2021

 

2020

 

Total

 

Margin

 

Total

 

Margin

 

(in thousands, except margin data)

Income Before Income Taxes, as reported

$

(76,824)

   

(42.2)

%

 

$

(175,188)

   

(31.3)

%

Adjusted for:

             

Payroll support programs grant recognition

(147,270)

   

(80.8)

   

—

   

—

 

Loss on debt extinguishment

3,994

   

2.2

   

—

   

—

 

Changes in fair value of fuel derivative contracts

(382)

   

(0.2)

   

3,366

   

0.6

 

Unrealized (gains) losses on foreign debt

(19,043)

   

(10.4)

   

743

   

0.1

 

Unrealized gains on non-designated foreign exchange positions

(1,749)

   

(1.0)

   

(812)

   

(0.1)

 

Special items

—

   

—

   

126,904

   

22.7

 

Adjusted Income Before Income Taxes

$

(241,274)

   

(132.4)

%

 

$

(44,987)

   

(8.0)

%

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 March 31,

   

2021

 

2020

   

(in thousands, except CASM data)

GAAP Operating Expenses

 

$

255,381

   

$

727,240

 

Adjusted for:

       

Payroll support programs grant recognition

 

147,270

   

—

 

Special items

 

—

   

(126,904)

 

Operating Expenses excluding non-recurring items

 

$

402,651

   

$

600,336

 

Aircraft fuel, including taxes and delivery

 

(47,736)

   

(113,478)

 

Operating Expenses excluding fuel and non-recurring items

 

354,915

   

486,858

 

Available Seat Miles

 

2,481,647

   

4,979,529

 

CASM – GAAP

 

10.29

¢

 

14.60

¢

Aircraft fuel, including taxes and delivery

 

(1.92)

   

(2.27)

 

Payroll support programs grant recognition

 

5.93

   

—

 

Special items

 

—

   

(2.55)

 

CASM excluding fuel and non-recurring items

 

14.30

¢

 

9.78

¢

Operating Expenses Excluding Non-recurring Items Outlook

The Company excludes non-recurring items from its operating expense outlook for the same reasons as described above.

   

Estimated three months ending June 30,
2021

   

(in thousands)

GAAP operating expenses

 

$

378,361

 

–

$

403,327

 

Adjusted for:

       

Non-recurring items

 

(96,000)

 

–

(96,000)

 

Operating expenses, excluding non-recurring items

 

$

474,361

 

–

$

499,327

 

Adjusted EBITDAR

The Company believes that adjusting earnings for interest, taxes, depreciation and amortization, aircraft rent expense, 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.  Although aircraft rent expense is a recurring cash operating expense, it is a variable metric across the airline industry because airlines use different practices in obtaining aircraft, including renting and financing. Presentation of EBITDA unadjusted for aircraft rent expense would eliminate the costs of financing and owning aircraft (interest and depreciation expense), but not the cost of leasing aircraft (aircraft rent expense).

 

Three months ended March 31,

 

2021

 

2020

 

(in thousands)

Net Loss

$

(60,691)

   

$

(144,372)

 

Income tax benefit

(16,133)

   

(30,816)

 

Depreciation and amortization

35,356

   

39,449

 

Aircraft rent

29,841

   

27,004

 

Interest expense and amortization of debt discounts and issuance costs

23,693

   

6,795

 

EBITDAR, as reported

12,066

   

(101,940)

 

Adjusted for:

     

Payroll support programs grant recognition

(147,270)

   

—

 

Changes in fair value of fuel derivative instruments

(382)

   

3,366

 

Unrealized gain on non-designated foreign exchange positions

(1,749)

   

(812)

 

Unrealized (gains) losses on foreign debt

(19,043)

   

743

 

Special items

—

   

126,904

 

Loss on extinguishment of debt

3,994

   

—

 

Adjusted EBITDAR

$

(152,384)

   

$

28,261

 

 

 

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SOURCE Hawaiian Holdings, Inc.

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