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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:25 EDTHA, HA, HAHawaiian Holdings management to meet with Imperial Capital
Meeting to be held in Dallas on February 25 hosted by Imperial Capital.
News For HA From The Last 14 Days
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June 23, 2015
10:00 EDTHAOn The Fly: Analyst Downgrade Summary
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07:03 EDTHAHawaiian Holdings downgraded to Underweight from Equal Weight at Morgan Stanley
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June 15, 2015
15:04 EDTHADepartment of Transportation permits Delta to retain Seattle-Haneda route
The U.S. Department of Transportation finalized its decision to permit Delta Air Lines (DAL) to retain its authority to provide daily service between Seattle, Washington and Tokyo’s Haneda Airport, subject to conditions designed to ensure that Delta maintains a daily service in the Seattle market year-round. The Department noted that Delta "virtually abandoned" the Seattle-Haneda route last winter by operating service approximately only one week every 90 days between October 2014 and late-March 2015. That led the Department to consider whether to let Delta keep the route or to instead award it to a different carrier, even if from a different U.S. gateway. Besides Delta, American Airlines (AAL) applied for Los Angeles-Haneda authority and Hawaiian Airlines (HA) applied for Kona, Hawaii-Haneda authority. In the proceeding, Delta made an "unequivocal" commitment to restore a full pattern of daily Seattle-Haneda service and to continue that service year-round. Delta also presented evidence of expanded operations in Seattle. The Department has imposed a condition that any failure by Delta to operate any Seattle-Haneda flight, year-round, in either direction, would constitute a violation of its authority. Additionally, any failure by Delta to perform Seattle-Haneda service on two days of any seven-day period would mean the immediate loss of Delta’s authority. The Department also finalized its tentative selection of American Airlines’ Los Angeles-Haneda proposal as a backup to Delta’s award. American’s authority would become effective should Delta fail to meet its requirements for serving the Seattle market.

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