Hawaiian Airlines reports $144M loss in first quarter, warns more economic pain ahead
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Published: May. 5, 2020 at 4:10 PM HST|Updated: May. 5, 2020 at 4:12 PM HST
HONOLULU, Hawaii (HawaiiNewsNow) - Hawaiian Airlines revealed Tuesday how hard the pandemic has hurt their bottom line.
Their first quarter earning report shows a loss of $144 million so far this year.
[Read more: Hawaiian Airlines to get $650M in federal aid to continue operating]
Compared to last year, revenue is down nearly 15%.
The airline projects that they’ll fly more than 90% below capacity through May compared to 2019.
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