Hawaiian Holdings Expects FY24 Available Seat Miles To Be Up 4.0% - 7.0% Vs Prior View Of Up 4.5% To Up 7.5%
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Holdings has revised its FY24 available seat miles (ASM) growth forecast to be up 4.0% - 7.0%, slightly lower than the previous estimate of 4.5% - 7.5%.
July 30, 2024 | 9:04 pm
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Hawaiian Holdings has adjusted its FY24 ASM growth forecast to 4.0% - 7.0%, down from the previous 4.5% - 7.5%. This slight downgrade may indicate potential challenges in meeting earlier growth expectations.
The revision of the ASM growth forecast to a lower range suggests that Hawaiian Holdings may face challenges in achieving its previously higher growth expectations. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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