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Hawaiian Airlines (HA) Reports May Load Factor Declined 2.4%

June 5, 2009 8:23 AM EDT
HA Hot Sheet
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    BUY (Down Down)

EPS Growth %: +200.0%
Hawaiian Airlines, Inc., a subsidiary of Hawaiian Holdings, Inc. (Nasdaq: HA), announced its systemwide traffic statistics for May and year-to-date.

For the month of May 2009, systemwide load factor declined 2.4% points to 83.3% compared to 85.7% in the year earlier period with traffic declining 2.0% compared to a 0.9% increase in capacity. Hawaiian's statistics for May 2008 reflect the immediate impact of a surge in passengers following the collapse of two of its competitors.

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