Hawaiian Holdings (HA) Reports Wider-Than-Expected Loss in Q4

Hawaiian Holdings (HA) posted fourth-quarter 2023 loss (excluding 41 cents from non-recurring items) of $2.37 per share, wider than the Zacks Consensus Estimate of a loss of $2.35. In the year-ago quarter HA posted a loss of $1.06.Quarterly revenues of $669.1 million fell 8.5% year over year but met the Zacks Consensus Estimate. Quarterly revenues were hurt by a devastating wildfire in Lahaina in West Maui, which, in turn, affected traffic.Notably, passenger revenues accounted for 89.9% of the top line in f ...