Hawaiian Holdings Expects Q3 Available Seat Miles To Be Up 5.5% To Up 8.5%; Operating Revenue Per ASM To Be Down 4.5% To Down 1.5%
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Holdings expects Q3 available seat miles to increase by 5.5% to 8.5%, while operating revenue per ASM is projected to decline by 1.5% to 4.5%.
July 30, 2024 | 9:02 pm
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Hawaiian Holdings expects an increase in Q3 available seat miles by 5.5% to 8.5%, but a decline in operating revenue per ASM by 1.5% to 4.5%.
The increase in available seat miles indicates higher capacity, but the decline in operating revenue per ASM suggests potential revenue challenges. This mixed outlook could lead to short-term downward pressure on HA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100