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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs