Hawaiian Holdings Adds Two New Board Members, Reports Q2 Results

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Hawaiian

(TAN): Hawaiian Holdings, the parent company of Hawaiian Airlines, has added C. Jayne Hrdlicka, former CEO of Australia-based Jetstar Group, and Michael E. McNamara, Executive Vice President and CIO of Target Corporation to its board of directors.

Hrdlicka, who served as CEO of New Zealand’s a2 Milk Company after her time at Jetstar parent Qantas Airways, has substantial experience in the airline and retail sectors.

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“We welcome the additional experience and perspective both Jayne and Mike will bring to our Board of Directors, particularly as we emerge from the COVID-19 pandemic,” said Larry Hershfield, chairman of the board of directors of Hawaiian Holdings, Inc.  “Jayne brings significant airline and international perspective to our company, while Mike adds deep expertise in technology with consumer-focused companies.”

Second quarter results

The company has reported a USD 3.81 loss per share in Q2 2020. 

“Our second quarter results reflect the continued impact of COVID-19 and State of Hawai’i quarantines on our business,” said Peter Ingram, Hawaiian Airlines president and CEO.  

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“In the face of these unprecedented challenges, we have taken action to preserve and raise cash and are crafting plans to position us for the future even as we address the immediate adversity.  With our leisure business model and relentless focus on the needs of the Hawai’i traveler, we are positioned to emerge from this crisis poised for success.  I am grateful, as always, for the efforts of my extraordinary colleagues, as they take care of our guests and adapt to this ever-changing environment with passion and dedication.”

The company hasn’t been able to offer detailed guidance related to capacity expectations for Q3 due to the uncertain timing of the relaxation of travel and quarantine restrictions.

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