HA - Earnings call transcript Q2 2024

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Operator

Greetings, and welcome to the Hawaiian Holdings, Inc.

Second Quarter 2024 Financial Results Call. [Operator Instructions]. It is now my pleasure to introduce your host, Jay Schaefer, Vice President and Treasurer. Thank you, sir.

begin. may You

Jay Schaefer

Hello, Quarter Maria. welcome Hawaiian to Thank Results everyone, Conference Second XXXX Call. Holdings you, and

Here should the up with and and end we me Chief in Brent provide will remarks, Honolulu are Peter release our of and discuss Brent Financial costs for Peter By out performance. X:XX Chief an Chief overview the Executive discuss Ingram, questions. Overbeek, Revenue of will Okinaka, at Officer; the revenue, to balance Eastern Shannon sheet. prepared will Officer. will have Shannon Officer; now, President went that Time everyone the press At call access the about open today. and

hawaiianairlines.com. it available the If you Investor received have on is not our Relations release, website, the page of

refer non-GAAP Relations the numbers end metrics at During to metrics. of release we times today's and numbers found on our call adjusted and to detailed Investor non-GAAP today, reconciliation GAAP press page the A of will at website. can be of or our posted

As the filed could to forward-looking XX-K. risks These do the those that our recent recent and forward-looking will Holdings' from statements, Peter. report to Management guarantee statements on SEC upon any These questions. factors a response also more actual differ Hawaiian over financial subject future discussion are turn undue refer make therefore, I filings our with statement. including the remarks and them. should operating may of and to in Form contain most prepared in and placed now you potential reliance We about for additional a plans results annual your call projected detailed include materially cause statements and forward-looking performance, the uncertainties be statements to following reminder, not performance. future not to

Peter Ingram

for of everyone, on a for we making start key from the people thank recent areas caring returns our places today. Jay. guests, our want mahalo joining Hello, delivering us sincere our for for and enormous XXXX, for realizing you with progress focus I our all and and to Aloha, to serve. investments team

we combination we toward as bright, are Hawaiian work Even clearance Alaska of sustainable with future securing Airlines. Airlines, regulatory for a our

important ample working should recent to the raise also regulatory liquidity weeks took extended. provide and process capital in steps be We

around First, we raised aircraft. by XX $XXX financing million AXXXneo

Second, we exchanged due loyalty bonds due a million in partial new bonds our cash XXXX and $X.X for XXXX billion repayment. of $XXX

cooperatively with a While on week the August due runway few X, share, to until brief detail. continue in have performance more about more to detail, we expect I the Shannon with meaningful We our will in with Brent been we in statement Yesterday, Eastern the I'll DOJ's which a steps August triggered that have more period this the than to where with liquidity May DOJ we the course, discuss are expire XX. and so. but was to manner. to talk Airlines, commercial merger. certification so and network. we agreed working Once a.m. highlight the XX:XX timely second start review airlines DOJ do a across provide XX-day XXXX. make are On to in the The do want with review the a our certified will X into from of XXXX, Time optimistic substantial extend on request. Alaska along achieve set on substantial merger a clearance regulatory less now a XXXX. will things these will we complaints period, complaints X, of Alaska

the majority travel for reflects our of to performance the Hawaii quarter second Our for routes. steady on demand

backfilled by and We've and to X of yen missing a to proactively to in are this where of focus routes, historically some Easter this shifting business, months the point-of-sale the But choice some of to into carrier we demand on March we in with notably below were there neighbor start had that that last With U.S. good improvement point-of-sale side, our in the state demand Japan the factors demonstrate international average domestic with in intensifying points Japan, year. our we international sale. the the positive booking Across a our remains of window. Island close levels. other traditional in dollar, move unambiguously due respect against the continue challenging international most fares U.S. weak direction On remains of comps load quarter late over strong Hawaii. the

fully has across considerable demand seeing our is past chronicled and particular, demand AXXX over improvement Maui and Day tragic portfolio the In year's last been a and encouraging. While with full recovered room Honolulu routes, wildfires. am critical, of Memorial well. I engines. to between Japan challenged to years our pleased of recently performed is Sacramento note routes we engines. that that availability fleet our has of share Salt added X weekend full been with are at the X.X have we've yet Lihu'e since much for AXXXneo following The overall has and very both Lake complement very fleet well of shortages the of not strength Kona I'd City The and

of through expect this into the We rest the XXXX. the remain and year case to

has last response we including the new accolades Guest now our suite. our product As flagship for to on have X XXXs Leihoku mentioned been service. new tremendous, call, in

to has is freighter incredibly strong our flying. we AXXX third had customer. Our operational We've freighter the commenced revenue on know performance which also important fleet,

up ramp remainder freighter to critical arrive to allow in line of to the year this initial the business state. beyond continue XX. of steady and phase the fleet investment us is the of fleet Getting the first essential of quarter an step to is mass during will XXXX to into move of freighters up plan X and operations to The receive X ahead. at months in the We this

across Airbus certification for received deploying FAA AXXXneos of with of With our in-flight the the week. end AXXX We fleet, Starlink equipped installed connectivity this with have all are entire now of AXXX. we in Starlink hand, the now as process and approval last on XX our XX% of underway

Our target third by AXXX is the the end of quarter. installations complete to

We Wi-Fi to choice are grows. awareness fast works expect free a that continuing just as customer having guest this to response of and incredible see to be driver

some are efficient ended Beyond through us position the Year-to-date performance, are most all June, this to on-time listing reliable these DOT the of we key is never With as deliver mind, guests leader returning in the our industry that operations. the safe, stats external for XX% with XXXX headwinds solid XX% goal, major plagued is our the top similarly lose performance in are sight in released. a that the expect investments, us March. when We we top long-standing over fact of including and that industry the for in mirror. the what rearview which of should to for a XQ DOT us ranking near the June, on-time for rank now

initiatives perfection also introducing baggage our better, addition, improve live understanding been has year, In that continuing self-service work some and of on elusive, thanks we've guests. team. center disruptions call world performance a focus our shown we to new to options where is our experience nice in this the to And operational for manage gains

team. important and And advance return comfort premium respect the products, which include with beyond of hand-in-hand taking revenue. extra to our premium mass we other to offerings line and freighter industry-leading to to and revenue bottom the air intended ground. I adjusting to operation, performance. with to fleet These the Hawaiian to additional network goes are sustainability. competitive our initiatives Improving diversify preferred profile. Again, running both and where discussed financial and necessary, up these an efficiency, driving the the especially of our am optimization profitability are And accomplishments want proud express I've enhancing are our steps in I improve on of how getting through employee grow ancillary the seating, the critical All Airlines

group industry-leading over through and will go guest adapt in outlook operational history, unique unrelentingly call of environment. to most our business With competitive to over to focused performance performance, and we our to turn on that, commercial the continuing chapters more the changing one XX-year in outstanding and economic As achieving detail. experience, a Brent navigate delivering this our remains I

Brent Overbeek

aloha and Peter, everyone. you, Thank

Total As remained Average in steady good demand was X% weakened fares over Peter Demand down close-in the performance provided up quarter. about a most just to year period to demonstrate the the the market, same by X prior last as second flew mentioned, solid geography. XXXX. in for lower same revenue to year the our quarter. continued into X.X% second was across entity quarter System in America American we versus second -- period stability to months compared Maui our guidance. in the same period, during slightly of North demand second of the performance RASM the the same with which network Diving North in capacity the quarter due our which range for continues period were to quarter. with compared routes, our was Maui largely excluding more X% recover. to

quarter, City and Lihu'e, the the performance encouraged Salt Peter and are of the to As Sacramento added Lake service from blocks. and during to out we Kona mentioned, with Honolulu,

third the quarter. to ahead Looking

primarily quite keeping in solid is capacity excluding are not markets, we industry Maui, seeing For demand that increases with Honolulu. up

slightly at than market, lower Maui the For see down during years. fares bookings advanced we previous

point-of-sale For by market, last we in with Japanese remains unchanged what lodging weakness Hawaii. and call, Japan costs a driven the weaker Japan demand high from shared yen

diversifying The continue Overall, with our we Asia. and cities Hawaii brand. a though exchange consumers quarter traffic yields of to and our the similar expected headwind among sale, this is to less going impacted effectively lower dynamics in market, third to However, into our pronounced see flow stronger overall of see modest markets third The U.S. by affinity which in for international demand. U.S. the success competing be we other seeing RASM focusing with remain point-of-sale from by going decline. factor yen and point rest on are remains strong similarly Japanese and for biggest rate continue to though in to strong the load for continues traffic quarter international into

has While demand, sales shown the distribution quarter, marketplace Neighbor efforts and measures our year-over-year we have unit last to we movement driving Island can't positive and address to decisive challenges. which the improvement. improving Continuing pivot revenue solid environment, are yields control taken the currency

for of year through seeing third offer. reflecting positive the PRASM sequential from are the performance we We quarter, the improvement start that strong the product the

basis In fact, on year-over-year the since quarter the unit the second second strongest a quarter revenue had of improvement XXXX.

perform competitor our in twice of factor the the a that PRASM a that quarter exceptionally to with the roughly continue and competition well first XX-point year. differential load against We of was

strong remained price has ancillary performance, year-over-year, was our demand and comfort and at preferred revenue and Looking extra optimization. continued ongoing by up our XX% seat driven

For X% we the system about third overall X%. about quarter, of year-over-year on expect growth down to be RASM capacity

We both seeing are in seeing more we're and America -- North in outstrips demand discounting in Japan. supply discounts

Looking half a primarily the due I'm over have help encouraged quarter, highly That expect in that, year-over-year, deliver and at us be that AXXX third guidance products we capacity allow downwards, in and our on fleet, to delivery Overall, also to of to should the a the year, revising call are Starlink second the we the like of our new experience Suite optimize of rollout the up competitive guest turn capacity front assets and to with third into XXXX. access drive we entire X.X% of I'll expect the product will year. combined network our With now which Shannon. deployment about to XXX us and full of reliability. Leihoku to shift our half the

Shannon Okinaka

half adjusted which per versus Aloha, the everyone, million. XX% decrease adjusted thank our with impact a us tax that the the of rate in from and achieve EPS timing includes We adjusted shift also Thanks, quarter which tax an $X.XX by in expectation reflect our of original maintenance effective originally of the the resulted caused expectation. X%, ended second us XX.X%. Year-over-year, for X% the we the this versus to rate negative share, per loss to gallon last expected, than of of tax second year's performance year, than fuel a for and This at of of beginning Brent. $X.XX The the you to in CASM results the effective cost communicated year today. $X.XX EBITDA ex quarter. better quarter joining heavy an costs impacted $XX the loss lower rate of

of number in percentage increase expect of timing our same third period points end excluding the same ASMs maintenance capacity. to I end rate. XXXX, we we the expect unit fuel XXXX, aircraft pilots about By call operation, For from for pilots financial and about larger X reflect be and decreased and a which XX% about events. versus were that and for in XXXX, carrying the payroll credits benefits steady X% from shared results the items, not and to flat we year, in quarter, the should more about and of this XXXX to of our X.X of the the by of July the of we puts These be X% costs, XXXX. the consists which than the surplus X.X points of in There's heavy quarter per special to On generate a of XX% were freighter maintenance our improvement third on more recognized did state which offset about increases decrease our labor by does of points cost takes.

During the expected quarter of from in of to the last decrease fourth year, in the fourth XX%. to bubble we of the $X.XXX of pilot quarter ex-impact 'XX $X.XX CASM overall and the third productivity training quarter

again generate we're the hit not ASMs, half CASM Amazon does the reduce expect of impact flying end XXXX. that over to further to of to and track mark by the Excluding by impact actual that on

we full strong We're up of improving focused from set the period, investments a a business important this CASM foundation up to even lower year, financially during for make managing X.X% in challenging costs future. midpoint to are and the we X% our on For while ex-guidance despite capacity. our

to full million. As Brent $XXX XXXX expected XXX now XXXX, from expect decreases a delivery our mentioned, to to late we early of range CapEx one which million shift year to $XXX

$XXX profitability. steps allow mentioned, bolster AXXXs that debt liquidity. liquidity to sustained time we've XX of our added The return will important to to us of financing As million and about maturity Peter our taken moderate schedule

quarter about two XXXs With $X.X of pre-pandemic revenue. with this in approximately and year, financed billion the have we liquidity, ended our XX% we XX-month trailing target the our twice

loyalty issued As you in program bonds and in know, the $X.X brand XXXX. January due billion in XXXX were we

million the exchange XX% in noteholders, last $XXX $X.XXX principle the of an Just completed about and or Friday, to due XX.X% notes about become $XXX in in original notes an that issuance coupon in billion original for of we existing $X leaving million new the April of XXXX, outstanding. will of with payment million notes

prudent interest notes new risk we in the merger a While rate, this event management the is have delayed. the higher feel is

for in business open best questions. gratitude our business service all manage Hawaiian, reiterate call to While best the also in on And delayed. made. response we are in the the monetizing sheet we continuing industry. the opportunities, commercial the this and investments the our are of are have we employees closing confident the is operate focused the market to the in and labor our to can we're adjusting merits managing business and We're case of to want productivity, our merger, balance of up that, provide who with the I to and improving

Operator

you. Thank

a We question-and-answer conducting [Operator now will Instructions]. session. be

from first comes question Conor Research. Melius Our Cunningham,

Conor Cunningham

trying recent the flying this just Coast fall. to expand square I'm to announcement away West

about unit to from in revenues function You're just sequentially place. Is to talking of other a XQ. you XXXs assets up now arriving them want declining it and and XQ different you're put the freeing a

that Just trying announcement. sense make of to

Brent Overbeek

kind to not our to a stuff a maintenance what had recognizing of was look was, of just quite to go. plan XXX we of This penciled function of bit in well, events. is that kind strong our really It that waiting had things trimmed pocket may Conor. as flying timing of see as in terms were that few year-end relative we what data actually the ready we Sure, was other We of timing. forecasted. And and that like as This previous out those a we of some had hip as be originally in.

and accretive year-end around going aircraft details availability we really was every on good year, around focused were waiting just sale. that the it traditionally were stuff stuff flying. put this out market for we was and We because to out and do to that some year, that in it Thanksgiving So, do holiday get it's

Conor Cunningham

the from I Okay. to the with just might talk economics recent announcement should maybe does if credit And revolving? but through agreement That's that helpful. Barclays, changes that And an then don't to know and agreement what expire, can card walk willing extension on say. you mean about this, that I you're what

Peter Ingram

really existing adding extend It's We I'll it with modest putting time. years are term Conor. our for on that we years, more was few Thanks, one. we've details partner, that. important with XX investment. the out in that a take to relatively worked and thought that, that for changes about It's lot economic a Yes. aren't more out a at program years a we this Barclays, that working few to of

Operator

Michael comes question Bank. from next with Our Linenberg Deutsche

Shannon Doherty

on is sales you're network you strategy front. in for This international here? positioning? Mike. change tell Shannon mentioned into you And more distribution what in script the just pivoting your details you to do go your can the necessary and I adjusting competitive Doherty us where more Can on the know about that

Peter Ingram

back future if geography periods, has is of our at going things we slow been Japan you mean, where the recovery increased done It piece what flying a announced. North recent I and in relatively in this have America, details we've I of in I'm think of look which not in earlier that we year, that months. a reflective provide strength. Yes. to But little we of haven't did bit scale recent

route the performance with flying I the both the of we're I the Brent as -- and think on added. Sacramento Lake Salt new happy and call, we're we said

the on flying be a there, from airline our continuing product. making really something working service. really, economic Starlink be while, put and perspective getting Having is is to a adding to been to across it and changes enhancements most environment. capacity there for greater we've our in is product. And our ground remunerative premium out it's our getting those of and lot seat proportion a going where the network then to to XXX competitively, it's it this great into to categories, a of about So, Getting evolve

going things are forward. market to evolving, All is going how the positioning those of us these continue for we're and to changes really make

Shannon Doherty

quick markets. comfortable as or That's really growth Or you this see perhaps your at you September your And growing some perhaps Are a more deceleration quarter? Like year key capacity in with do capacity commentary and into helpful. levels of much? just in oversupply room on follow-up to later too you're is there the cut next? think X% that the

Peter Ingram

and over But my into the to the I to beyond I'll then wants add we right anything Yes. half year. the would going of he turn maybe say we're it back if see happy comments. now, start with have plan Brent,

over Brent the guidance bit do see think weaker things for in couple to third little year-over-year want XQ. the foreshadowed things to continue in see of last I did We quarter. months how evolve. We a we the as perform well

And be so, think we I think approach, to adjustments we'll to take a necessary. where going we're make but wait-and-see prepared they're

Operator

with question Our Seaport. comes from Dan next McKenzie

Daniel McKenzie

to lag, currently make That of us continues my some flying was and you you looking another question. that are looking sort make it at of redeploy like does to sounds to to And that changes. at may some market? Japan international sense it

Alaska to they whether of is I'm if they that saw flexibility locked what their to something case getting resubmit what you wondering was I of changes money it, And money. It's we So, in Spirit, plan, the do you network I'm is under network synergies. to optimize merger is make if limited litigated. you cause set were or sort what JetBlue estimate the and you flexibility have of making into once review network this, would on guys what the while up it and or worse have. question losing just I'm your regardless related are guess even wondering at that merger really following just

Peter Ingram

to But on need across what Well any we very there look the but compete to fact my errors are and during invite I limitations also to up correct Yes. close, airlines the Counsel do how him mindful say some we and we independently. are today, of General this. X at we that independent and period the room are can

a and of those Airlines when pricing decisions talk are is the And until standpoint, up we control entirely a so, about to to from within do network closed. Hawaiian the or deal

Daniel McKenzie

correct? you'd potentially, it's So if still that litigated, Is be limited.

Peter Ingram

No.

In terms view in and a from it the network to pricing per a of we up perspective, until entirely Hawaiian is do close. Airlines deployment what

Daniel McKenzie

it. Got

right. All Okay.

income Starlink something that is you And we total we it question reason I what you I'm separately, of to segment premium talked Wondering think this obviously then Second around some if guys lot here, exactly look the means how the numbers guess, wondering put a I'm curious have And can percent about. what about ahead. is revenue I'm should just revenue? as asking, statement?

Peter Ingram

Yes.

is, months. Let about a maybe on say on of only the I and Starlink few it be AXXXs Starlink And Right part the very had measure. impact it we're period. in my turn long-term the early now, commercial going the would colleagues. me financial deployed over then is to to the We've hard for in start to what first

now guest airplanes, it Starlink-equipped the charging done. measure. enhancing. What satisfaction more shows and people said on are speak it's going be that for will We're as aware But is consumer going we're airplanes. us be hard deploying on meaningful We we not to our flights for right product that of of on it become driver about As on revenue my the a with our to we demand to AXXX be think can the a as XX% the fleet measure in remarks, fleet I of is improvement.

to really you're third demand time we'll across fleet, across preference And that be to and we the to try of deployed for and will expect point. driving the virtually on to over flights has what impact we largest end getting By period our have aware, our and get more so, quarter, a as have but deployed it where going that measure that are fleets. it's of And how over accelerate all X where long-haul overall. our to people it's time

And so, going really period we see getting we'll forward. a where start into that

Brent Overbeek

terms cabin, have I we we have first have follow of certainly breakdown kind those IR you Yes. will seen strength in the my comfort X of Dan. quarter greater cabin, fingertip's say the can front don't third greater extra and up that we have products team main at on and that, I that in resiliency in with main cabins.

So, premium mentioned, earlier that our extra airplanes the highlighted right our blocks. really performing front some price strong, there. that more the in cabin on there, encouraged of capacity, by has performance performance comfort in demand seeing doubling the been manage And We it's the remains effectively on and Leihoku and more now, strong. and Suite. in how certainly to a on discussion, as bit Peter on while capacity continues dynamically, remain really terms how as ability X about really, flights it's I'm little we're to doing increases really we encouraging those well despite talked only encouraging it's almost result

Operator

Fitzgerald Our next Cowen. with question comes TD from Tom

Thomas Fitzgerald

leverage you years? kind hiring like a longer-term run the for then stand-alone, see you kind what Would labor CASM everybody And costs. you're ex like be couple operating outside -- will what next over as just of pockets and resetting for about you think thinking of of how with rate mind the where

Shannon Okinaka

be a CASM fleet delivery some to that I changes. working guidance we to tell focused And highly of you on forward-looking And of welcome honest, ex. through what still can we're really haven't moderate long-term on CASM call. the of the Tom, on our XXXs Hi, that which We are Boeing. plans, with is schedules the some given depends

we've to it's that one stand-alone a flat the very we And of a company, manage initiatives biggest of as pilot productivity. really, about than think, not of lot it CASM change just probably So, have a of that biggest try that's our number really, improvement, And in well But keep I help increase modest other the in biggest now, effort, is categories improvement, there's us but labor. I to do driver which definitely inflation. talked got more CASM initiatives. more to the or a to right

I our all from think a contracts. position X. a labor labor spot contract good in of Section labor contracts in we're having No

of All contracts labor are closed. our right now

us I a think on productivity, us analysis well. just crew And so, work that focused position up And on puts now rules we're sets really in good and the side.

a lot as in continue both from investing perspective So, analysis and of guest-facing initiatives we'll a perspective. well productivity technology, as as well

Thomas Fitzgerald

helpful. for the Okay. they with like ramps business -- on to that operating has who the could reflect side. what follow-up, that margins cargo as peers all guys an the pilot about something Is of really kind it one a your And renegotiated that as then we have be that's contract you That's at just think inflation Amazon, opportune next do? a call Just contract recently fact of the the just to year. the to want wage

Peter Ingram

Yes.

the the is steady our Amazon contract to now think build right focus state. fleet with I up to to continue

bit I had time period -- amended little established some of a mentioning been the you are contract that ours. before was was think

in to mode continue going time, work not this to So, partner going forward. at but we're in we're that to with point business build our this

Shannon Okinaka

Tom, out negotiation some kind more model that while had process. that timing our with throughout the mentioned. I'll where difference, of we and going able negotiating off were that we're of to contracts we of therefore timing Amazon, knowledge of were another mention, Because of Peter piggybacking thing pilot

Operator

from Our next comes question Susquehanna. Stathoulopoulos with Chris

Christopher Stathoulopoulos

me. question One for

point-of-sale So, Peter, just a put could the we market. if on international finer point here

consider? capacity here Zealand you when the like guess, weakness Australia, I macro can let's Japan, some internal levers and -- the questions moving offset you lot the where more pull And look South and What and Korea. say, yen your normalize. forecast What might of around Japan, a to the of some So, starting are of that things New are are outside might of some sort yields with of respect the points on what projections and of, markets get the basic out I investors to of some here? data with points to

Peter Ingram

I'll of each last got Yes. the I with over if see just the that hand would being different the to traditionally then saw of over our to has recoveries it recovery. he's and largest start say We which candidly, one years geographies more the last has again, to far little to different. recover, a so bit shallowest and Japan, add. Brent the couple is had been

most extreme think is deterioration their U.S. the I dollar. attributable that to of the versus currency

and hasn't Australian seen the been dollar Zealand to New the deterioration the we've depreciated. has that yen same the in extent While dollar

look the then very or decision. the just Zealand bit both flight. those a capacity not becomes do it we in that of this as the on pushed both in have year so, a that use Japan. and vary also capacity from and together, that, from that that's by before make seasonally. to are will at traffic being I'll capacity in us if that Asia our decision a a into we've market markets. basis. us there because we pulling the Australia an over such is pretty U.S. fluctuate really was opportunity the I a And last, but particularly competitive turning majority demand, we to are even a opportunities but go deep And Japan of put point-of-sale, airplanes, on demand really point-of-sale had vast weaker sort other look actually we period filled U.S. strong for over time to and but did New year, talked there Haneda focus drive more slots haven't year there, decision, to we And that saw during and out about, the in be further. looking months origin of little that X New the connecting weaker that Brent And always the fact you can that places, put we but to There's at Network-wise, of of in of destination and say, withdrawing in going long-term the particular, Zealand, decisions, short-term some where and a focus lot I'd deployment can X of lose to capacity where seasonal a mindful That

which really the that and bigger that of more So, even part balance point shifted those a has way been traditionally, U.S. now. driving sale, of has markets

on our we So, do things but marketing high want variety getting and but to as people distribution share, share There's of front, a make also, there's sure aware are can we're of possible get. a our that only fair course, as we of we not and factors. the brand

the economic we're we're and really faced it's outcome drive doing perspective the things making from the So, with. a that all for environment commercial right executing sure to best

Brent Overbeek

Peter hit highlights. all the on

as lot a from world more a in we maybe traffic actually is lot but pursuing, We've Francisco, market. into factors outbound of needed into compelling kind historical secondary I traffic seen pretty the Angeles the they than close particularly product, that, of out uptake think but we in of some find really in of it traffic longer and even and that as strong or seeing were, sources load the the in in Los a grow that where live Korea can slightly only had new new frankly, point-of-sale Seattle some San where to to we're markets, of That's with tapped Japan particularly be Zealand. team connecting to pretty New and that some to U.S. continue offer we seeing, well. context a would thing elapsed gateways that we we're add we those going of and Australia markets in. And over across the efforts in I that wasn't deploy that business the we commercial is of time or demand before,

Operator

to reached session. We I Peter the to question-and-answer would end over our the floor back Ingram turn now like of comments. have closing now for

Peter Ingram

years Hello, XXXX again Aloha. your as past we for joining about couple Airlines. day-to-day us us of appreciate We're operations. the over Hawaiian excited in continued the the our in integrate opportunities into initiatives today. ahead of We interest

Operator

This today's concludes teleconference.

Thank time. participation. this your your You at for you may disconnect lines

Hawaiian (HA) 30 Jul 242024 Q2 Earnings call transcript