Hawaiian Holdings, Inc.

NASDAQ:HA  
18.01
+1.33 (+7.97%)
Other Pre-Announcement

Hawaiian Holdings Expects 2022 Capacity To Decrease Between 2% To 6% Compared To 2019

Published: 03/22/2022 20:35 GMT
Hawaiian Holdings, Inc. (HA) - Expects Its Capacity for Full Year of 2022 to Decrease Between Approximately 2% to 6% Compared to Full Year of 2019.
Hawaiian Holdings - Expects Full Restoration of Its Historical Japan Network by Summer of 2022, a Delay of a Few Months From Its Previous Expectation.
Hawaiian Holdings - Expects FY 2022 Gallons of Jet Fuel Consumed to Be Down 6.5% to 10.5% Compared to 2019.
Expects Its Total Revenue for Q1 of 2022 to Be Down Approximately 26.5% to 29.5% Compared to Q1 of 2019.
Improvement in Q1 Revenue Outlook Driven by Better Than Expected Demand and Higher Average Fares Throughout Its Network.
Hawaiian Holdings - Seen an Increase in Bookings Since State of Hawai'i Announced Removal of Nearly All Covid-19 Related Restrictions by End of March.
Sees Q1 Casm Excluding Fuel and Non-recurring Items to End Up on Higher End of Its Range of Up 10% to 13%.
Hawaiian Holdings - Estimates for Casm Excluding Fuel and Non-recurring Items for 2022 Now Include a 5.5 Point Headwind From Wages and Benefits.
Sees Fuel Price per Gallon for Q1 to Be $2.76 and for Full Year 2022 to Be $2.73.
Sees Q1 Adjusted EBITDA to Be a Loss of Between $90 Million and $130 Million.
Full Year 2022 Capital Expenditure Outlook Remains Unchanged.
Q1 Revenue View $449.9 Million -- Refinitiv Ibes Data (analyst estimates).
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