For the full year 2011, Hawaiian Holdings reported consolidated net loss of $2.6m on total operating revenue of $1.65bn. This compares with net income of $110.3m on total operating revenue of $1.31bn for the full year 2010. Reflecting economic fuel expense and excluding non-recurring lease termination charges related to the purchase of 15 Boeing 717-200 aircraft previously under lease agreements, the Company reported adjusted net income of $43.2m, this compares with adjusted net income of $45.4m for the full year 2010.
The company reported consolidated net income for the three months ended December 31, 2011 of $20.9m on total operating revenue of $434.0m, compared to net income of $70.6m on total operating revenue of $343.8m for the three months ended December 31, 2010.
