Hawaiian Holdings reports USD 93.5m in Q3 2018 net income

Hawaiian Holdings, Inc. (NASDAQ: HA), parent company of Hawaiian Airlines, Inc., has reported third quarter 2018 net income of USD 93.5m, the company said.

The company reported diluted GAAP EPS of USD 1.84, a YoY increase of USD 0.05 per share.

The Company returned USD 37.3 million to shareholders in the third quarter through USD 31.2 million in shares repurchased and USD 6.1 million in dividends paid.

On October 19, 2018 the Company´s Board of Directors declared a quarterly cash dividend of 12 cents per share to be paid on November 30, 2018 to all shareholders of record as of November 16, 2018.

As of September 30, 2018, the company had Unrestricted cash, cash equivalents and short-term investments of USD 591 million and outstanding debt and capital lease obligations of USD 718 million.

Now in its 89th year of continuous service, Hawaiian is Hawai´i´s biggest and longest-serving airline. Hawaiian offers non-stop service to Hawai´i from more US gateway cities (12) than any other airline, along with service from Japan, South Korea, Australia, New Zealand, American Samoa and Tahiti. Hawaiian also provides approximately 170 jet flights daily between the Hawaiian Islands, with a total of more than 250 daily flights system-wide.