Citing Coronavirus, Hawaiian Airlines Reports Sharp Decline in Traffic, Capacity, and Load Factor

By Paul Riegler on 9 April 2020
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Hawaiian Airlines announced operational results for March 2020. The figures reflect the drop in demand that began with the U.S. restrictions on foreign travel that began in January 2020 due to the worldwide outbreak of the novel coronavirus and have increased since then.

The airline reported that it carried 542,456 passengers in March, a year-over-year decrease of 45.4% from 993,548 in the same period last year.

Traffic for the Honolulu-based carrier during the month was 851,022 RPMs, or revenue passenger miles, a decrease of 40.9% from 1.44 billion RPMs in March 2019. The carrier’s total capacity for the month was down 11.9% to 1.47 billion ASMs, or available seat miles, from 1.67 billion ASMs last March.

Meanwhile, Hawaiian’s consolidated load factor was 58%, a 28.4 percentage point decline from 86.4% the previous March.

Last month, the airline withdrew its estimate for operating revenue per available seat mile given the current demand reductions associated with the novel coronavirus outbreak.  Given Hawaiian’s significantly reduced schedule for April and the likelihood of similar reductions in the month of May, the airline said that the current results should not be construed as being indicative of future results.

(Photo: Accura Media Group)

Accura News

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