The Associated Press April 6, 2010, 5:48PM ET

Hawaiian Airlines says March traffic fell 3.4 pct

Hawaiian Airlines Inc. said on Tuesday that its traffic fell 3.4 percent in March as it trimmed capacity.

Hawaiian Airlines, a unit of Hawaiian Holdings Inc., said it flew 674.7 million revenue passenger miles in March, down from 698.6 million in the same month of 2009. A revenue passenger mile is an industry metric representing one paying passenger flown one mile.

Capacity, measured as available seat miles, fell 5.1 percent to 783.6 million from 825.9 million.

Load factor, or the percentage of seats filled, rose 1.5 percentage points to 86.1 percent.

For the first three months of the year, Hawaiian Airlines traffic fell 2.1 percent to 1.92 billion revenue passenger miles. Capacity fell 4 percent to about 2.3 billion available seat miles. Load factor rose 1.7 percentage points to 83.6 percent.

Shares of Hawaiian Holdings rose 2 cents to close at $7.25.


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