Yesterday, Hawaiian released its March traffic results. I’ve talked about why passengers are up so much more than RPMs and load factor dropped before. April’s results will be more “normal” as Aloha ceased operations at the end of March 2008.
Anyway, the revenue forecast was what stood out for me, and the numbers are actually positive!
Hawaiian also reported that, based on preliminary data, it expects Passenger Revenue per ASM (PRASM) to increase between 3.5% and 5.5% for the three months ended March 31, 2009, compared to the same period in 2008, exceeding the previous expectations the company disclosed during a conference call with investors on February 18, 2009, following the release of the Company’s 2008 financial results.
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