Analysis of Hawaiian Airlines

The terrorist attacks of September 11th caused many changes in our country. Although there were many after effects of the September 11th attacks, the airline industry was most impaired. This paper will explain two factors related to the airline industry that were most affected, the American people and the economy.

The terrorist attacks on September 11, 2001 shook the United States in a profound way, deeply upsetting the national perception of safety within U.S. borders. No industry or sector of the economy felt the impacts of these events more than the airline industry. Both the immediate reaction to the attacks and the long-term repercussions have negatively affected the industry. Today’s airline industry is much different than it was prior to September 11. There is a much smaller work force, more low-cost carriers, more security and more fees associated with flying.

This paper will cover information about Hawaiian airlines. Founded in 1929, now in its 87th year of consecutive service, Hawaiian Airlines is Hawai 'i 's biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the U.S. mainland. Specifically, research to describe the airline, its aircraft fleet, route structure and number of employees will be provided. Information to determine whether Hawaiian airlines is organized as a corporation with private ownership or is owned by the national government will be given and discussed. Also, a brief description of the governmental agency or authority responsible for regulation of safety, as well as the certification requirements and minimum flight time for the commercial airline flight deck crewmembers. The governmental agency or authority that is empowered to regulate the routes flown, rates charged, and other economic aspects of the airline’s flight operations will be identified and discussed. Information will be given on the extent to which the airline’s fleet consists of owned vs. leased aircraft. All accidents involving an aircraft operated by that airline since 1/01/2000 will be identified to include the probable cause of each. Lastly, labor relationships of the airline’s pilots and maintenance personnel based in the airline’s home nation will be discussed; plus, any

The situation of the U.S airlines has been affected by a number of factors through time and is not a secret that has been passed by moments difficult, especially in the economic part. One of these factors were the terrorist’s attacks of 911. No other event in history has changed the way of doing business that the fateful events of September 11, 2001. Apart from the significant human loss, the millionaire impact to the economy of New York and in the United States and multi-million dollar expenditure associated with the global war against terrorism, attacks on the World Trade Center (World Trade Center or WTC) in New York and the Pentagon trembled the authority of the United States, at a time when it was going through a recession. All this made

34. What does it include as Cash and Cash Equivalents? – Cash and cash equivalents include cash and short-term highly liquid investments with an original maturity of three months or less held in both domestic and foreign financial institutions.

September 11, 2001, was a horrific event that rocked the world and the way people viewed the safety of airline travel. The airline industry was hit the hardest after that day and it was uncertain if they could regain their customer’s

A super hero and villain is not normally associated with airlines, but in the article “A Tale of Two Airlines” by Christopher Elliot puts that into perspective. The two airlines in question are Spirit and Southwest. Although, both have some similarities they have considerably different views on how to treat customers. Southwest believes treating customers with respect while fares maybe be a little higher. Sprit’s beliefs are to treat customers “like cargo” with low fares. The hero being Southwest with friendly attendants and better overall customer interaction. Elliot is saying you should reward the heroes’ business not the villains just because of low fares.

All these factors have allowed Alaska Airlines to rise and remain financially stable. The airline is one of few that weathered the 2000s financial crisis well, and avoided mergers when so many others have been forced into such actions. This report will analyze these factors and related them to Alaska’s current financial performance. It will then make recommendations to maintain profitability, and predict future airline status.

• Provide background on the global industry • Present a regional analysis • Discuss current and future evolvement of the industry (trends) • Discuss challenges and strategies impacting the industry • Discuss the new breed of airlines • Discuss why airlines fail and how to achieve success

American airline industry is steadily growing at an extremely strong rate. This growth comes with a number economic and social advantage. This contributes a great deal to the international inventory. The US airline industry is a major economic aspect in both the outcome on other related industries like tourism and manufacturing of aircraft and its own terms of operation. The airline industry is receiving massive media attention unlike other industries through participating and making of government policies. As Hoffman and Bateson (2011) show the major competitors include Southwest Airlines, Delta Airline, and United Airline.

1. There are a few trends in the US airline industry. One is consolidation, wherein existing players merge in an attempt to lower their costs and generate operating synergies. The most recent major merger was the United Continental merger, which is still an ongoing affair, but has created the largest airline in the United States by market share (Martin, 2012). Another trend is towards low-cost carriers. In the US, Southwest has been a long-running success and JetBlue a strong new competitor, but in other countries this business model has proven exceptionally successful. The third major trend is the upward trend in jet fuel prices, and the increasing importance that this puts on hedging fuel prices and capacity management (Hinton, 2011).

Since their inception in 1929, Hawaiian Airlines (HA) has continually grown to become major player throughout the Pacific. In 2013 HA finished that year with their “sixth consecutive year of profitability and a record passenger count of 9.95 million.” (Hawaiian Airlines, 2014) By the end of 2014 HA will have a fleet of “three ATR-42s, 18 B717s, 10 B767s, and 19 A330s.” (Hawaiian Airlines, 2014) This young fleet will continue carrying passengers on roughly 212 daily jet flights to “20 domestic and international destinations in the Pacific region” for the foreseeable future. (About Hawaiian, 2014) So much positive business news however is often balanced out with the negative. Luckily for HA their positives largely outweigh the negative business aspects. Because HA has operated so effectively and efficiently for the past six years, it’s hard to justify changes to their current business plan. 2014 is shaping up to be yet another big year for HA keeping in line with the positive business trends of the past. If past profitability has any influence on the future then HA seems to be in a great position to remain profitable for the foreseeable future.

The airline industry is greatly influenced by the the travel and tourism trends across the globe. The World Travel and Tourism Board states that the the level of tourism is likely to grow even as the years progress. The growth in the level of tourism is expected to grow at a level of 4.5 per cent annually. This is expected to continue upto 2017. Thus the organization should fully prepare it self and take over the tourism market.

I want to take sometime to explain what it is cash equivalents are. Cash equivalents are one of the main three asset classes along with stocks and bonds. These securities have low risks and low return profiles. Cash equivalents include United States government treasury bills, bank certificates of deposit, bankers acceptances, corporate commercial paper and other money market instruments. (investopedia.com)

With 1988 operating income of $801 million on a revenue of $8.55 billion, American Airlines, Inc. (American), principal subsidiary of Dallas/Fort Worth-based AMR Corporation, was the largest airline in the United States. At year-end 1988 American operated 468 aircraft on 2,200 flights daily to 151 destinations in the United States, Bermuda, Canada, Mexico, the Caribbean, France, Great Britain, Japan, Mexico, Puerto Rico, Spain, Switzerland, Venezuela, and West Germany.