Hawaiian Holdings Inc. announced unaudited consolidated earnings and operating results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total operating revenue of $697,465,000 compared to $682,604,000 a year ago. Operating income was $69,349,000 compared to $96,166,000 a year ago. Net income was $31,636,000 or $0.64 per diluted share compared to $148,448,000 or $2.84 per diluted share a year ago. Basic net income per share was $0.65 compared to $2.86 a year ago.

For the full year, the company reported total operating revenue of $2,837,411,000 compared to $2,675,145,000 a year ago. Operating income was $314,368,000 compared to $464,038,000 a year ago. Net income was $233,200,000 or $4.62 per diluted share compared to $330,610,000 or $6.19 per diluted share a year ago. Basic net income per share was $4.63 compared to $6.23 a year ago.

For the quarter, the company reported revenue passenger flown of 2,887,000 compared to 2,910,000 a year ago. Revenue passenger miles were 4,280,809,000 compared to 4,120,002,000 a year ago. Available seat miles were 5,059,708,000 compared to 4,788,457,000 a year ago. Passenger load factor was 84.6% compared to 86.0% a year ago.

For the full year 2018, the company reported revenue passenger flown of 11,830,000 compared to 11,498,000 a year ago. Revenue passenger miles were 17,198,985,000 compared to 16,307,344,000 a year ago. Available seat miles were 20,158,139,000 compared to 18,991,566,000 a year ago. Passenger load factor was 85.3% compared to 85.9% a year ago.

For the first quarter, the company expects operating revenue per ASM to be down 3.0% - 6.0%. ASMS to be up 1.5% - 3.0%.

For the full year, the company expects ASMS to be up 1.5% - 4.5%.