Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.
Shares of Hawaiian Airlines parent Hawaiian Holdings Inc. HA, +2.87% sank 7.7% toward a 12-year low in after-hours trading Tuesday after the Hawaiian Airlines parent reported a wider-than-expected third-quarter loss and revenue that fell short of expectations, as the August wildfires in Lahaina caused “a sharp decrease in traffic” to Maui. Net losses widened to $$8.7 million, or 94 cents a share, from $9.3 million, or 18 cents a share, in the year-ago period.
7 million, below the FactSet consensus of $735.7 million. Meanwhile, load factor rose to 86.1% from 83.0%, to beat the FactSet consensus of 85.4%, as traffic rose 8.2% to 4.45 billion revenue passenger miles and capacity grew 4.2% to 5.17 billion available seat miles. For 2023, the company cut its capacity growth guidance to 7.5% to 8.5% from 8.0% to 10.0% while raising its fuel cost outlook to $2.89 per gallon from $2.78 per gallon.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Football provides a homecoming and hope in Lahaina, where thousands of homes are gone after wildfireThe varsity and junior varsity football teams in Lahaina played their first home games since the deadliest U.S. wildfire in more than a century destroyed the town
Read more »
Football provides a homecoming and hope in Lahaina, where thousands of homes are gone after wildfireThe varsity and junior varsity football teams in Lahaina played their first home games since the deadliest U.S. wildfire in more than a century destroyed the town. It was homecoming, and for many of the fans, coaches and the players themselves, being back at the stadium was the closest thing to feeling at home in the months since the Aug. 8 fire.
Read more »
Football provides a homecoming and hope in Lahaina, where thousands of homes are gone after wildfireThe varsity and junior varsity football teams in Lahaina played their first home games since the deadliest U.S. wildfire in more than a century destroyed the town
Read more »
Football provides a homecoming and hope in Lahaina, where thousands of homes are gone after wildfireThe varsity and junior varsity football teams in Lahaina played their first home games since the deadliest U.S. wildfire in more than a century destroyed the town
Read more »
Football provides a homecoming and hope in Lahaina, where thousands of homes are gone after wildfireThe varsity and junior varsity football teams in Lahaina played their first home games since the deadliest U.S. wildfire in more than a century destroyed the town.
Read more »
Additional remains found, raising Lahaina wildfire death toll to 99Police have identified the remains of 97 people so far from the Aug. 8 fire that wiped out much of Lahaina.
Read more »