Hawaiian sees profits slide on fuel hedging

10/30/2008 | Honolulu Star-Bulletin

The parent company of Hawaiian Airlines said Wednesday the carrier's third-quarter profits fell 69.2%, due largely to fuel hedging losses and higher tax rates. Nevertheless, noted CEO Mark Dunkerley, the results "bettered the sizable losses posted by many of our competitors." Operating income rose nearly 7% to $27.3 million.

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Honolulu Star-Bulletin

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