Hawaiian Holdings, Inc. engages in the scheduled air transportation of passengers and cargo in the Hawaiian Islands. The company operates between the Hawaiian Islands and certain cities in the United States (the North America routes), and between the Hawaiian Islands and the South Pacific, Australia, New Zealand and Asia (the International routes). The company provides approximately 166 daily flights between the Hawaiian Islands. In addition, the company also operates various charter flights. As of December 31, 2014, its fleet consisted of 18 Boeing 717-200 aircraft for the Neighbor Island routes and 10 Boeing 767-300 aircraft and 19 Airbus A330-200 aircraft for the North America, International and charter routes. The company also owns three ATR42 turboprop aircraft for the ‘'Ohana by Hawaiian’ Neighbor Island service which began in 2014. Flight Operations The company’s flight operations are based in Honolulu, Hawaii. As of December 31, 2014, the company operated 218 scheduled flights with: daily service on its North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington; and scheduled service between the state of Hawaii and New York City, New York; daily service on its Neighbor Island routes among the four major islands of the state of Hawaii; daily service on its international routes between the state of Hawaii and Sydney, Australia; and Tokyo and Osaka, Japan and scheduled service between the state of Hawaii and Pago Pago, American Samoa; Papeete, Tahiti; Brisbane, Australia; Auckland, New Zealand; Sapporo and Sendai, Japan; Seoul, South Korea; and Beijing, China. Other ad hoc charters Aircraft Maintenance: The company’s aircraft maintenance programs consist of a series of phased or continuous checks for each aircraft type. These checks are performed at specified intervals measured by calendar months, time flown or by the number of takeoffs and landings, or cycles operated. In addition, the company performs inspections, repairs and modifications of its aircraft in response to Federal Aviation Administration (FAA) directives. Checks range from ‘walk around’ inspections before each flight's departure, to major overhauls of the airframes which can take several weeks to complete. Marketing and Distribution The company utilizes various distribution channels, including its Website, www.hawaiianairlines.com, primarily for its North America and Neighbor Island routes, and travel agencies and wholesale distributors primarily for its International routes. The company’s Website, available in English, Japanese, Korean and Chinese, offers its customers information on its flight schedules, information on its HawaiianMiles frequent flyer program, the ability to book reservations on its flights or connecting flights with any of its code-share partners, the status of its flights, as well as the ability to purchase hotels, cars and vacation packages. Competition North America: The company faces multiple competitors on its North America routes including major network carriers, such as Alaska Airlines, American, United and Delta. Neighbor Island—The company’s Neighbor Island competitors consist of regional carriers, which include Island Air, Mokulele Airlines, and Pacific Wings. Seasonality The company’s operations and financial results are subject to substantial seasonal and cyclical volatility, primarily due to leisure and holiday travel patterns. Demand levels are weaker in the first quarter of the year with stronger demand periods occurring during June, July, August and December. Regulations Industry Regulations: The company is subject to the regulatory jurisdiction of the U.S. Department of Transportation (DOT) and the Federal Aviation Administration (FAA). History Hawaiian Holdings, Inc. was founded in 1929. The company was incorporated in 1929 under the laws of the Territory of Hawaii.
hawaiian holdings inc (HA:NASDAQ GS)
3375 Koapaka Street
Honolulu, HI 96819
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