Hawaiian Holdings Inc - Sees Q3 ASMs Up 4.0% To Up 5.5%; Now Expects Its Capacity For Year Ending December 31, 2023 To Be Up ~8%-10%; Now Expects Its Gallons Of Jet Fuel Consumed For Year Ending December 31, 2023 To Be Up ~12.5%-14.5%
Portfolio Pulse from Happy Mohamed
Hawaiian Holdings Inc has updated its Q3 and full-year forecasts. The company expects Q3 ASMs to increase by 4.0% to 5.5%. It also anticipates its capacity for the year ending December 31, 2023, to rise by approximately 8%-10%. Additionally, the company predicts its gallons of jet fuel consumed for the same period to increase by around 12.5%-14.5%.
September 05, 2023 | 8:29 pm
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POSITIVE IMPACT
Hawaiian Holdings Inc's updated forecasts indicate an expected increase in Q3 ASMs, annual capacity, and jet fuel consumption. This could potentially signal growth and increased operations, which may positively impact the company's stock price.
The company's updated forecasts indicate an increase in Q3 ASMs, annual capacity, and jet fuel consumption. This suggests that the company is expecting growth and increased operations, which could potentially lead to increased revenues and profits. As such, this news could be seen as positive by investors and could potentially lead to an increase in the company's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100