Hawaiian Airlines Qtr Report by the Numbers

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It doesn't look good for Hawaiian Airlines. According to their own 2024 report, here are their earnings compared to the previous year. Hawaiian Airlines had a net loss of $31.7 Million from the previous year.

In the first quarter of 2024, the stock was - $0.32 per share; the stock lost 32 cents per share. Hawaiian Airlines also reported a net loss for federal and state of $451 Million and $969 Million, respectively.

As of March 31, 2024, Hawaiian Airlines reported a $1.75 billion debt, compared to a $0.9 million debt report in December 2023. The net losses will continue to increase.

Hawaiian Airlines stockholders voted in favor of Alaska Airlines's purchase and merger with Hawaiian Airlines.

Final Thoughts

Hawaiian Airlines Stock is now at $12.12 per share as of April 26, 2024. With Hawaiian Airlines' increasing debt, a merger with another airline is the best option. If the pending lawsuits to block the merger are successful, it would be hard to envision Hawaiian Airlines pulling itself out of debt and continuing business.