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Hawaiian Airlines is the first major U.S. airline to offer the satellite-based service.
Hawaiian Holdings (HA) passenger revenues account for 90% of the top line during fourth-quarter 2023.
Hawaiian Holdings' (HA) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for Hawaiian Holdings (HA) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Hawaiian Holdings (HA) came out with a quarterly loss of $2.37 per share versus the Zacks Consensus Estimate of a loss of $2.35. This compares to loss of $0.49 per share a year ago.
Low liquidity and rising fuel-cost scenario hurt Hawaiian Holdings (HA).
Peter Ingram, CEO of Hawaiian Airlines, joins Bloomberg Radio to discuss the airline's deal to merge with Alaska Airlines. --------
The tie-up was given a thumbs down by the market.
Markets moved lower on Monday morning. Hawaiian Holdings shares soared as the Hawaiian Airlines parent got an acquisition bid from Alaska Air.
Hawaiian Holdings (NASDAQ: HA ) stock is rocketing higher on Monday after the company announced plans to combine with Alaska Air (NYSE: ALK ) in a $1.9 billion deal. This deal has Alaska Air agreeing to acquire Hawaiian Holdings for $18 per share.