Here’s important news for Hawaii visitors that comes from the major airlines flying to and from the U.S. mainland. They share updates about financials, new planes coming soon, and extra-premium business class planned.
Alaska Airlines’ resiliency despite the 737 MAX debacle.
Even following the Boeing MAX incident and subsequent grounding, the company that is seeking to acquire Hawaiian Airlines has significantly exceeded financial forecasts. The company announced earnings projections for Q2 and the entire year, wherein it surpassed analysts’ expectations. The airline is being buoyed by a continued robust U.S. travel recovery.
Alaska Airlines obtained compensation of $162 million from Boeing for the MAX problem, and expects further settlements too. Despite the Boeing-related setback, Alaska reported a smaller first-quarter loss compared with last year. Alaska’s CEO also said he does expect an aircraft shortfall as a result of Boeing’s problems. He added, however,…