HA Stock Recent News

The rise in operating expenses does not bode well for Hawaiian Holdings (HA). Elevated labor and fuel costs hurt the company's bottom line.

Shares of Hawaiian Electric Industries (HE), or HEI, sank Monday after the utility operator warned it may not be able to continue operations because of the potential inability to pay the money required from the legal settlement reached related to the massive 2023 wildfire in Maui, blamed in part on its Hawaiian Electric unit.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday.

Hawaiian Electric raised a going concern risk in its earnings report because it doesn't yet have a financing plan in place for the $1.99 billion settlement with Maui wildfire victims.

Hawaiian's largest utility said on Friday it had agreed to pay roughly half of a more than $4 billion legal settlement that will compensate victims of last year's deadly Maui wildfires.

Although the revenue and EPS for Hawaiian Holdings (HA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hawaiian Holdings, Inc. (NASDAQ:HA ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Jay Schaefer - VP and Treasurer Peter Ingram - President and CEO Brent Overbeek - EVP and CRO Shannon Okinaka - EVP and CFO Conference Call Participants Conor Cunningham - Melius Research Shannon Doherty - Deutsche Bank Dan McKenzie - Seaport Global Thomas Fitzgerald - TD Cowen Chris Stathoulopoulos - Susquehanna Operator Greetings and welcome to the Hawaiian Holdings, Inc. Second Quarter 2024 Financial Results Call. At this time, all participants are in a listen-only mode.

Hawaiian Holdings (HA) came out with a quarterly loss of $1.37 per share versus the Zacks Consensus Estimate of a loss of $1.27. This compares to loss of $0.47 per share a year ago.

HONOLULU , July 30, 2024 /PRNewswire/ -- Hawaiian Holdings, Inc. (NASDAQ: HA) (the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the second quarter of 2024. "This quarter we delivered on important investments in the future of our company, including flying the first two Boeing 787-9's in our fleet, rolling out free, high-speed Starlink WiFi across our long-haul narrow body fleet, and adding three new routes to our North America network," said Hawaiian Airlines President and CEO Peter Ingram.

Travel agencies can book both NDC and traditional ATPCO/EDIFACT content through the Sabre global distribution system (GDS) SOUTHLAKE, Texas , July 24, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, and Hawaiian Airlines, Hawaii's largest and longest-serving carrier, today announced the availability of Hawaiian's NDC content in the Sabre travel marketplace, making Sabre the first GDS to offer the carrier's NDC content.  Hawaiian's HA Connect™ NDC content in the Sabre GDS enables hundreds of thousands of Sabre-connected agencies and travel buyers to have even richer access to the carrier's broad range of products and offers.