HA Presentation - Bank of America Transportation Conference - May 2017
HA Presentation - Bank of America Transportation Conference - May 2017
HA Presentation - Bank of America Transportation Conference - May 2017
Forward-looking statements
Industry recognized excellence
2017
2010
Record financial results in 2016
Hawaiian’s unit revenue performance continues
to lead the industry
Outperforming West Coast Competitors
l l l l l l l l
l l l l l
l
l l l l l l l l
l l l l l
l l l
Wide-body fleet focused on the large
markets
•
Continued growth of value-added revenue
2017 CASM ex-fuel outlook
•
•
•
•
Maintaining youngest mid-to-long haul fleet
Controlling the “uncontrollable”
Strong results generate robust cash flow
•
2015-2019: Cash flow funds multiple uses
Net Debt
Reduction
Strong cash flow supports growth
Maintaining our healthy leverage
Using cash to reduce expenses and
balance sheet risk
•
2017 will be a year of…
MAHALO
The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including operating income and CASM.
Pursuant to Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial
measures reported on a GAAP basis. The Company believes that excluding fuel costs from certain measures is useful to investors because it
provides an additional measure of management’s performance excluding the effects of a significant cost item over which management has limited
influence.
- - -
The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including operating income and CASM.
Pursuant to Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial
measures reported on a GAAP basis. The Company believes that excluding fuel costs from certain measures is useful to investors because it
provides an additional measure of management’s performance excluding the effects of a significant cost item over which management has limited
influence.
FY2016 1Q2017
Add back:
- - - -
Add back:
- - - -
The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including operating income and CASM.
Pursuant to Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial
measures reported on a GAAP basis. The Company believes that excluding fuel costs from certain measures is useful to investors because it
provides an additional measure of management’s performance excluding the effects of a significant cost item over which management has limited
influence.
The Company evaluates its financial performance utilizing various GAAP and non-GAAP financial measures, including operating income and CASM.
Pursuant to Regulation G, the Company has included the following reconciliation of reported non-GAAP financial measures to comparable financial
measures reported on a GAAP basis. The Company believes that excluding fuel costs from certain measures is useful to investors because it
provides an additional measure of management’s performance excluding the effects of a significant cost item over which management has limited
influence.