Former Hawaiian trustee getting shelled

[HAL]

I am not happy with the vacancy bid that was just released either. 14 excess pilot's until March 2006? Sucks to be us.

Actually it is worse than that. The bid includes all expected retirements through March '06. The 14 excess go beyond that date. If there is no more growth, the staffing formula won't be 'even' until there are 14 more retirements after March '06, which will bring us to the end of August '07. That's almost 22 months from now. Or in other words, more than four years for even the top person on the furlough list to be out.

Yep. Sucks to be us.

HAL

 

[Hansoma]

Yeah, but you don't have to drive over Stevens Pass for the next 4 years!

 

[mdanno808]

I'll bet you that the bottom guys on furlough aren't back for another 5 years. Yes, that's right, an 8 or 9 year furlough. I'm betting I won't be back for another 3, and I'm only 54 (or something like that) from the top. It'll be interesting to see if management let's us keep our numbers, or if we lose all longevity after 6 years on the street.

 

[Erndogg]

Posted on: Thursday, November 10, 2005
[FONT=Times New Roman, Times, serif][SIZE=+2]Hawaiian Airlines parent reports $7.8 million net income[/SIZE][/FONT]
[FONT=Times New Roman, Times, serif][SIZE=-1]Hawaiian Holdings Inc., the parent of Hawaiian Airlines, reported a net income of $7.8 million in the third quarter, benefiting from increased visitor traffic.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]THE NUMBERS
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Revenue: $224.1 million
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Net income: $7.8 million, following a $1.8 million loss in the same period last year
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Earnings per share: 16 cents
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Operating income: $17.9 million
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Operating expenses: $206.2 million
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Assets: $705.1 million
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Liabilities: $289.9 million
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]REASONS
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]
Hawaiian Airlines, which emerged from bankruptcy protection in June, benefited from strong visitor demand as the carrier's planes flew nearly 90 percent full during the quarter.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]
The state's largest airline also commenced daily nonstop service between Honolulu and San Jose, Calif., in September.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]
The airline's operating expenses grew 12.9 percent as fuel costs increased to $54.8 million from the year-earlier quarter's $35.9 million.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]WHAT THEY ARE SAYING
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]"We take little comfort in our third-quarter profits, knowing that fuel prices remain high and competition remains intense as we head into a traditionally weaker period of the year."
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Mark Dunkerley
Hawaiian Airlines chief executive

[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]WHAT'S NEXT
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]Hawaiian Airlines recently revamped its fuel hedging program to offset the rising cost of jet fuel.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]The carrier also hired a new chief financial officer, longtime AMR Corp. executive Peter Ingram.
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]The airline is looking to acquire new aircraft to expand its fleet of 11 Boeing 717-200s and 14 767-300 ERs.[/SIZE][/FONT]



[FONT=Times New Roman, Times, serif]Talked to our FAA PMI guy on the jumpseat to SEA the other day. I guess they are eyeing some 767's in Africa 2 and 1 in Mexico. Hopefully they are not too beat up (wishful thinking). [/FONT]
[FONT=Times New Roman, Times, serif][SIZE=-1]That's the latest-Hopefully they can actually win a bid for these A/C.
[/SIZE][/FONT]

 

[mdanno808]

Wanna bet?

Posted on: Thursday, November 10, 2005
[FONT=Times New Roman, Times, serif][SIZE=-1]

[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]WHAT'S NEXT
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]
[/SIZE][/FONT][FONT=Times New Roman, Times, serif][SIZE=-1]The airline is looking to acquire new aircraft to expand its fleet of 11 Boeing 717-200s and 14 767-300 ERs.[/SIZE][/FONT]



[FONT=Times New Roman, Times, serif][SIZE=-1]
[/SIZE][/FONT]

 

[Erndogg]

Wanna bet?

Probably not-knowing what these guys have done. Ranch just sold 19 mill shares and made about 50 mill, so maybe after thier money grab they will actually acquire some A/C.