This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hawaiian Adding Five More A330s By 2015

HONOLULU, Nov. 17, 2011 /PRNewswire/ -- Hawaiian Airlines today announced the next step in its long-range fleet renewal and expansion plan with the signing of a new firm order with Airbus to purchase five new A330-200 aircraft for delivery between 2013 and 2015, with purchase rights for an additional three A330s.

(Photo: http://photos.prnewswire.com/prnh/20111117/LA08817)

(Logo: http://photos.prnewswire.com/prnh/20040827/LAF044LOGO)

Mark Dunkerley, Hawaiian's president and CEO, said, "Adding these additional A330-200s to our fleet over the next four years will support the continued expansion of our network and replacement of our current 767-300s. Our guests have responded enthusiastically to the cabin comfort and amenities of the A330-200, which, together with the superior service of our front line employees, offer the best airline experience for travelers to Hawaii."

With these five new A330s on order, Hawaiian will be adding 13 new A330s to its fleet between 2013 and 2015. This is in addition to the five A330s Hawaiian currently has in service and four new A330s that will join the fleet in 2012. The company has financing commitments in place for all of its 2012 deliveries and two of its 2013 orders.

Hawaiian's A330 deliveries between 2013 and 2015 will provide, in part, for the retirement of 10 Boeing 767-300 aircraft over approximately the same period as the company continues its progressive transition to a new fleet of A330s and A350XWB-800 (Extra Wide-Body) aircraft for its North America and international service. Hawaiian's net fleet growth during this period will be three aircraft.

All of Hawaiian's new A330s will carry 294 passengers in a two-class configuration – 30 more passengers per aircraft than its current fleet of 16 Boeing 767-300ER aircraft. The new A330s are more fuel-efficient than the B767s and have a longer operating range, giving Hawaiian the option to open new nonstop routes between Hawaii and points throughout all of North America and eastern Asia.

Hawaiian has used its growing fleet of new A330s to meet increased consumer demand for its services to Honolulu from Las Vegas, Los Angeles, San Francisco and Tokyo, and will also use A330 aircraft for its daily nonstop New York City- Honolulu service beginning June 5, 2012.

Introduction of the A330 into Hawaiian's fleet has also fueled the expansion of its route network internationally. Within the past year, Hawaiian has launched three new routes between Honolulu and AsiaTokyo ( November 2010), Seoul ( January 2011), and Osaka, Japan ( July 2011). The company has also announced service to Fukuoka, Japan beginning in April 2012.

Additional new services are expected to be announced in the coming months.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs