Hawaiian Holdings Inc
All units in Millions or Millions USD 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018* 2019 2020
Income Statement                                          
Passenger Revenue 475 497 542 134 0 458 797 889 1,106 1,040 1,155 1,481 1,767 1,943 2,045 2,026 2,146 2,362 2,603 2,598 665
Regional Affiliate Revenue
Total Revenue 607 612 632 157 0 509 888 983 1,211 1,183 1,310 1,650 1,962 2,156 2,315 2,317 2,451 2,696 2,837 2,832 845
Wages Salaries & Benefits 160 189 205 55 0 134 228 223 243 273 298 321 377 427 447 477 535 633 685 724 388
Aircraft Fuel Expense 127 112 95 26 0 131 242 292 425 244 323 513 632 699 678 418 344 440 600 543 161
Depreciation & Amortization 16 14 9 2 0 16 29 46 49 53 58 66 86 83 96 106 108 113 140 159 152
Net Interest Expense (1) (2) (1) (0) (0) 8 10 17 16 18 16 23 43 47 130 53 33 25 24 15 32
Operating Expense 621 595 688 172 7 507 888 976 1,119 1,076 1,219 1,630 1,833 2,022 2,070 1,869 2,035 2,212 2,523 2,505 1,492
Operating Income (Loss) (14) 17 (56) (15) (7) 2 1 7 92 107 91 20 129 151 254 449 416 484 314 327 (648)
Pretax Income (Loss) (12) 19 (55) (17) (7) 10 (41) (2) 53 97 82 (1) 86 86 113 296 379 411 301 305 (700)
Net Income (Loss) (19) 5 (58) (17) (7) (12) (41) 7 29 117 110 (3) 53 52 69 183 235 364 233 224 (511)
Balance Sheet Asset                                          
Cash & Short-term Investment 103 72 0 2 130 67 94 204 301 285 304 406 423 264 282 326 191 269 373 510
Restricted Cash & Short-term Investments 27 23 0 1 53 54 39 28 26 5 31 5 19 267 279 284 269 232 246 355
Total Current Assets 179 141 0 3 288 242 267 311 442 447 500 572 606 705 741 798 702 705 875 1,118
Total Assets 257 305 256 1 3 667 802 823 929 1,029 1,117 1,488 1,866 1,334 1,673 2,490 2,709 2,860 3,197 4,127 3,978
Balance Sheet Liabilities                                          
Air Traffic Liability 111 110 0 0 163 181 216 219 211 251 303 389 409 424 431 482 545 604 607 534
Current Liability 249 255 3 3 278 294 319 348 384 401 489 654 659 820 767 830 892 1,006 1,075 1,005
Long-term Debt & Capital Lease Obligations, Less Current Maturities 5 3 0 0 78 238 216 232 190 172 424 553 744 893 678 498 511 609 689 1,155
Pension & Post Retirement Benefits 63 112 0 0 197 127 94 227 231 214 321 353 264 408 373 356 221 183 204 218
Retained Earnings (Accumulated deficit) (49) (107) (124) (131) (144) (184) (177) (149) (33) 77 64 117 169 238 421 656 914 912 1,050 526
Total Stockholder Equity (deficit) (21) (143) (64) (61) 48 84 133 53 176 278 223 269 397 367 446 680 966 948 1,082 600
Cash Flow Statement                                          
Net Cash Provided by (Used in) Operating Activity 63 57 10 (38) (8) 58 63 82 134 136 150 179 311 243 300 476 437 331 509 485 (311)
Net Cash Provided by (Used in) Investing Activities (53) (9) (8) (3) 0 83 (261) (31) (16) (36) (109) (282) (291) (342) (687) (35) (154) (295) (316) (405) (99)
Net Cash Provided by (Used in) Financing activities (9) (13) (34) (1) 10 (13) 134 (23) (9) (4) (57) 122 81 102 227 (425) (238) (175) (115) 25 546
Payments on Long-term Debt and Capital Lease Obligation (13) (15) (6) (1) 0 (7) (24) (23) (33) (28) (101) (80) (49) (114) (115) (216) (214) (61) (68) (109) (79)
Proceeds from Issuance of Long-term Debt 23 1 0 0 0 0 217 0 0 0 0 86 0 0 0 0 0 0 87 228 602
Net Increase (Decrease) in Cash 1 35 (31) (72) 2 128 (63) 27 110 97 (16) 19 102 18 (160) 16 44 (139) 77 104 137
Operating Statistics                                          
Regional Passengers
Regional ASM
Regional RPM
Mainline Passengers 6 6 6 1 0 4 6 7 8 8 8 9 9 10 10 11 11 12 12 12 3
Mainline ASM 7,248 6,806 7,108 1,786 0 4,634 8,062 9,232 9,479 9,709 10,135 12,022 14,660 16,762 17,074 17,726 18,385 19,007 20,172 20,597 7,560
Mainline RPM 5,658 5,393 5,620 1,280 0 4,134 6,965 8,057 7,840 8,147 8,666 10,140 12,196 13,658 13,921 14,462 15,493 16,317 17,207 17,827 4,577
*Some operations from 2003-2005 taken up by Hawaiian Airlines Inc.
Data Source:SEC 10K Filings
*Note: In 2018, many airlines changed their accounting principles to conform to new standards, which lead to some significant changes in the numbers reported compared to previous years. For the sake of clarity, many airlines provided recast 2017 results in their 10-K reports that can be found in SECís EDGAR tool.