Hawaiian Holdings Expects Q1 ASMs Up 2.5%-Up 5.5%, RASM Down 1.0%-Up 2.0%
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Holdings, the parent company of Hawaiian Airlines, anticipates an increase in Available Seat Miles (ASMs) for Q1 by 2.5% to 5.5%. However, they also forecast a Revenue per Available Seat Mile (RASM) to be down by 1.0% or up by 2.0%.
January 30, 2024 | 9:29 pm
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NEUTRAL IMPACT
Hawaiian Holdings expects Q1 ASMs to increase by 2.5%-5.5%, but RASM could decrease by 1.0% or increase by up to 2.0%.
The projected increase in ASMs indicates growth in capacity, which is generally positive as it suggests demand and expansion. However, the uncertain forecast for RASM, which could either decrease or increase, presents a mixed outlook. This uncertainty may lead to a neutral short-term impact on the stock price as investors digest the implications of both metrics.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100