New Deals: Hawaiian Airlines Ups Airbus Stake
December 1, 2010 (FinancialWire) (http://www.financialwire.net/) — Hawaiian Holdings, Inc.’s (NASDAQ: HA) Hawaiian Airlines unit said that it has increased its firm commitments for new long-range Airbus A330-200 aircraft from 10 (including three already in service) to 16, with the additional six to be delivered between 2012 and 2015.
Hawaiian said it exercised six Airbus A330 purchase rights under the terms of its 2008 purchase agreement with Airbus and acquired additional purchase rights in this transaction, leaving it with a total of four purchase rights remaining.
The airline took delivery of its third new A330 from aircraft leasing company AWAS earlier this month and will accept two deliveries in the coming year.
All of Hawaiian's new A330 aircraft will carry 294 passengers in a two-class configuration – 30 more per aircraft than its current fleet of Boeing 767-300ER aircraft.
The A330 also has a longer operating range that the 767, enabling nonstop service between Hawaii and points throughout all of North America, eastern Asia and Australasia.
Hawaiian is expanding its service into Asia. It inaugurated nonstop service between Honolulu and Tokyo's Haneda Airport on November 17 and will start nonstop flights between Honolulu and Seoul, South Korea's Incheon International Airport in January of 2011.
=========
Equity research on any public company is available through the Shareholders Research Alliance (go to http://www.investrend.com/synd0004 for more information). Real-time, streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://investrend.stocksmart.com/ss/html/hpcompany.html). Current valuation analysis research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=).
FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public other companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation from subject entities, companies, equities, or representatives thereof, for its news, opinions or distributions. Further disclosure is posted at the FinancialWire(tm) website (at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire(tm) website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Copyright © MMX, FinancialWire(tm); All rights reserved.
[hlmsmlh] [trnsprttrvl] [trnsprttrvl] [lsrslsr] [nwdlsldw] [bsnnssb] [exxpndgbsns] [btnwswntb]
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
