Hawaiian Holdings reports Q2 2018 net income of USD 79.5m

Hawaiian Holdings, Inc. (NASDAQ: HA) has reported USD 79.5m in GAAP net income, a year-over-year change of USD 2.6m over 2017, the company said.

Adjusted net income for 2018 was USD 73.3m, a USD (8.4) year-over-year change from 2017. reported its financial results for the second quarter of 2018.

The company said in the second quarter, the company generated more revenue and carried more guests than in any second quarter in history by executing its plan and running a safe and reliable airline.

As of June 30, 2018, the company reported unrestricted cash, cash equivalents and short-term investments of USD 593 million; outstanding debt and capital lease obligations of USD 692 million.

The company returned USD 8.6 million to shareholders in the second quarter through USD 6.1 million in dividends and USD 2.5 million in share repurchases.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA).