I need a new back!
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Thanks YU. With my rush out of the house I gave up a lot of premium. The calls went up to 1.20 x 1.30. Oh well.
I was pulling for your 15's. The 14 Calls reacted nicely but I saw that the 15's were struggling a bit. I hope you cashed later in the day.
ALK Alaska Air Lines, next dip might get into Calls. Not sure which ones yet.
GM SOU! SPWR is smoking. Taking a quick look they blew away earnings yesterday.
Happy birthday Self. Mine is coming up on the 18th of May.
I should update my IHUB profile.
Heading for doctors appt. Good luck today boys!
Talk later.
Message 20944. Sold HA May 14 Calls for .85. .20 gain!
08:43:53 AM Trade .85 20 NASDAQ Trade Station Time & Sales HA
Hawaiian Holdings Climbs the Ranks of the Best Airlines
By Tim Beyers April 22, 2014
Hawaiian Airlines is moving up in the annual airline quality rankings. Source: Wikimedia Commons.
The list of the nation's best airlines is out, and no carrier improved its quality ranking more last year than did Hawaiian Holdings (NASDAQ: HA ) subsidiary Hawaiian Airlines. Fool contributor Tim Beyers says it may be time for investors to give the stock a second look.
Specifically, Hawaiian moved up from fifth in 2012 to third last year, according to data compiled by researchers at Embry-Riddle Aeronautical University and Wichita State University's W. Frank Barton School of Business. Carriers are measured on the basis of 12 different customer complaint categories, as well as common failings such as on-time performance, bumped flights, and the like.
In the following video, Tim says the gains should impress investors since they come as Hawaiian is juggling capacity. Recent changes include ending service to Manila, Thailand, and Fukuoka, Japan, while opening new routes to Beijing.
The bad news? Service gains haven't led to improved financial results. Passenger revenue per available seat mile, or PRASM, fell 3.8% last year. Executives expect to reverse that trend in the first quarter with a gain of 4%-7% in PRASM.
Will they deliver? Revenue passenger miles were up 0.7% year to date through March. Available seat miles were up 1.8% over the same period, though load factor -- which measures the percentage of available seats sold -- fell one percentage point to 80%. Hawaiian needs to improve the first two metrics while holding steady on the third in order to deliver on investors' hopes for sustained growth.
Good morning Big Al!
If we have a problem it is liquidity in this stock.
Chart says we have room to go up! Come on baby!
Got some May 14 Calls @ .65
We need a bump to make some money. Hope it's quick.
Have doctors appt. @ 10:00. Have my trading app on my phone.
Good morning DEEJ & SOU!
HONOLULU, April 22, 2014 /PRNewswire/ -- Hawaiian Holdings, Inc. (HA) ("Holdings" or the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported its financial results for the first quarter of 2014.
•Operating income grew to $10.0 million in the first quarter compared to an operating loss of $11.9 million in the prior year period.
•GAAP net loss in the first quarter of $5.1 million or $(0.10) per diluted share compared to a loss of $17.1 million in the prior year period or $(0.33) per diluted share.
•Adjusted net loss, reflecting economic fuel expense, in the first quarter of $0.9 million or $(0.02) per diluted share compared to $14.8 million in the prior year period or $(0.29) per diluted share.
•Unrestricted cash, cash equivalents and short-term investments of $479 million compared to $438 million in the prior year period.
View photo
.Hawaiian Airlines logo
"Our first quarter results were markedly improved in this seasonally weak period," said Mark Dunkerley, Hawaiian Airlines president and chief executive officer. "Good cost control and strong performance from our domestic network helped offset the impact of unfavorable exchange rate changes which weighed on our international business. Strong levels of demand throughout leave us encouraged that the improvements seen these last six months will continue for the remainder of 2014."
Statistical data, as well as a reconciliation of the reported non-GAAP financial measures, can be found in the accompanying tables.
Liquidity and Capital Resources
As of March 31, 2014 the Company had:
•Unrestricted cash, cash equivalents and short-term investments of $479 million.
•Available borrowing capacity of $69.5 million under Hawaiian's Revolving Credit Facility.
•Outstanding debt and capital lease obligations of approximately $940 million consisting of the following: •$570 million outstanding under secured loan agreements to finance a portion of the purchase price for nine Airbus A330-200 aircraft.
•$150 million outstanding under secured loan agreements to finance a portion of the purchase price for 15 Boeing 717-200 aircraft.
•$108 million in capital lease obligations to finance the acquisition of an Airbus A330-200, two Boeing 717-200 aircraft and aircraft-related equipment.
•$34 million outstanding under floating rate notes for two Boeing 767-300 ER aircraft.
•$78 million of outstanding Convertible Senior Notes.
First Quarter 2014 Highlights
Operational
•Ranked #1 nationally for on-time performance in 2013 for the 10th straight year and for the months of January and February 2014.
Fleet and financing
•Added two new A330-200 aircraft that were financed through Enhanced Equipment Trust Certificates (EETCs) at a fixed blended rate of 4.13%.
Product and loyalty
•Entered into a new code-share agreement with Air China.
New routes and increased frequencies
•Increased Honolulu to Brisbane service from three-times-weekly to four-times-weekly in March.
•Launched Honolulu to Beijing, China service three-times-weekly in April.
•Launched 'Ohana by Hawaiian, turboprop operation, reintroducing service from Honolulu to Moloka'i and Lana'i in March.
•Announced the reintroduction of daily non-stop service from Honolulu to San Jose, beginning in May 2014.
•Accelerated daily non-stop service from Maui to Los Angeles, to begin in May 2014 and announced a second daily, seasonal service on this route for eight weeks this summer.
Second Quarter and Full Year 2014 Outlook
The table below summarizes the Company's expectations for the second quarter ending June 30, 2014 and the full year ending December 31, 2014, expressed as an expected percentage change compared to the results for the quarter ended June 30, 2013 or the year ended December 31, 2013, as applicable (the results for which are presented for reference).
Second
Quarter
Item
2013
Guidance
Cost per ASM Excluding Fuel (cents)
7.76
Up 4% to up 7%
Passenger Revenue Per ASM (cents)
11.43
Up 3% to up 6%
Operating Revenue Per ASM (cents)
12.66
Up 4.5% to up 7.5%
ASMs (millions)
4,215.9
Up 0.5% to up 2.5%
Gallons of jet fuel consumed (millions)
56.6
Flat to up 2%
Full Year
Item
2013
Guidance
Cost per ASM Excluding Fuel (cents)
7.88
Up 2% to up 5%
ASMs (millions)
16,785.8
Up 1% to up 4%
Investor Conference Call
Hawaiian Holdings' quarterly earnings conference call is scheduled to begin today (April 22, 2014) at 4:30 p.m. Eastern Time (USA). The conference call will be broadcast live over the Internet. Investors may listen to the live audio webcast on the investor relations section of the Company's website at www.HawaiianAirlines.com. For those who are not available for the live webcast, the call will be archived for 90 days on Hawaiian's investor website.
About Hawaiian Airlines
Hawaiian® has led all U.S. carriers in on-time performance for each of the past 10 years (2004-2013) as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler, Travel + Leisure and Zagat have all ranked Hawaiian the highest of all domestic airlines serving Hawai'i.
Now in its 85th year of continuous service, Hawaiian is Hawai'i's biggest and longest-serving airline, as well as the largest provider of passenger air service from its primary visitor markets on the U.S. mainland. Hawaiian offers nonstop service to Hawai'i from more U.S. gateway cities (11) than any other airline, along with service from Japan, South Korea, China, Australia, New Zealand, American Samoa and Tahiti. Hawaiian also provides approximately 160 jet flights daily between the Hawaiian Islands.
Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (HA). Additional information is available at HawaiianAirlines.com. Follow updates on Twitter about Hawaiian (@HawaiianAir) and its special fare offers (@HawaiianFares), and become a fan on its Facebook page.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current views with respect to certain current and future events and financial performance. Such forward-looking statements include, without limitation, statements regarding the opportunities for financial improvement during the remainder of 2014; new routes and increased frequencies; the Company's expectations regarding cost per available seat mile excluding fuel, passenger revenue per available seat mile, operating revenue per available seat mile, available seat miles and gallons of jet fuel consumed, each for the quarter ending June 30, 2014; the Company's expectations regarding cost per available seat mile excluding fuel and available seat miles, each for the year ending December 31, 2014; and statements as to other matters that do not relate strictly to historical facts or statements of assumptions underlying any of the foregoing. Words such as "expects," "anticipates," "projects," "intends," "plans," "believes," "estimates," variations of such words, and similar expressions are also intended to identify such forward-looking statements. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and assumptions relating to the Company's operations and business environment, all of which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. These risks and uncertainties include, without limitation, the Company's ability to accurately forecast quarter and year-end results; economic volatility; the price and availability of aircraft fuel; fluctuations in demand for transportation in the markets in which the Company operates; the Company's dependence on tourist travel; foreign currency exchange rate fluctuations; and the Company's ability to implement its growth strategy and related cost reduction goals.
The risks, uncertainties and assumptions referred to above that could cause the Company's results to differ materially from the results expressed or implied by such forward-looking statements also include the risks, uncertainties and assumptions discussed from time to time in the Company's other public filings and public announcements, including the Company's Annual Report on Form 10-K for the year ended December 31, 2013 and the Company's Quarterly Reports on Form 10-Q, as well as other documents that may be filed by the Company from time to time with the Securities and Exchange Commission. All forward-looking statements included in this document are based on information available to the Company on the date hereof. The Company does not undertake to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date hereof even if experience or future changes make it clear that any projected results expressed or implied herein will not be realized.
4:06 pm Hawaiian Holdings beats by $0.10, reports revs in-line
THATS ALL I COULD FIND RIGHT NOW
Looks like a few people here will have a good open tomorrow.
No sleeping in. LOL!!!!
Time & Sales right @ the close, 21,969 shares bought @ 13.69 @ the Ask plus a few Form T's @ 14.57, 14.65, 14.75. Fingers crossed bro.
Might have something here.
Good luck.
you're not crazy. you are a speculator.
HA profit taking before earnings. Don't blame them. Just hurting my premium on the calls for a nickel. Against my better judgement might buy more.
Hate being wrong but can't win them all.
WOW! Two surprises. One LMT Lockhead Martin took a beating after all those orders came in for those F-35's & Sears, which I thought would come crashing down is doing quite well.
Take your money off the table & ride the profits.
That's what got me into HA today. Open interest big for this stock. If they bring it down before close I'll pick up some more.
Go big or go home. LOL!
Cool! Nice play, missed out.
Hey, did you or anybody else follow earnings for BHI last week?
Good or bad? Had it on my radar. Looking over my notes.
I guess I go in spurts. But still my favorite board!
Nobody ever went broke taking a profit as the saying goes.
Good luck!
A lot of companies did well but the stock dropped when it came to guidance for the next year.
Hey DEEJ! Needed a few days off after taxes.
Bought HA May 14 Calls @ .65
Hawaiian Holdings (HA – NYSE) is the holding company whose sole asset is Hawaiian Airlines. With mixed results in this sector, but with HA earnings tonight, I think this is a great spot to speculate. JMHO
This is another stock that had been a market darling for much of the year – before getting hit in the recent pullback.
It has now pulled back about 10% from the highs, and has found support once again at the 50 day moving average. Not only this, but yesterday, there were huge call buyers here as someone scooped up over 5,000 May 14 calls. In a name that only trades 1,600 calls on average per day, this is very strong action, and something worth following.
Again, JMHO
last night I told myself to buy Alaska Airline Calls first thing in the morning.
Screwed the pooch on that one.
yeah, if the market opens up 110 points tomorrow, I'm screwed.
Don't want to hold into tomorrow. It's either take a small loss or hold.
Picked up QID again. This time April 61 Calls @ 1.27
Market is up 38. Which way we headed folks this afternoon?
Watching QID again for a reversal.
Fucking great dude.
Get in the pool DEEJ. I participated many times.
I don't golf but just picked a few players at random.
Hey dc! 2014 Masters pick:
Mickelson
McIlroy
Rose
Snedeker
Westwood
TB 278
Thanks, Good luck
ukie
Cool! Let's get a streak going! QID worked out great. 1 for 1 this week.
Sold QID May 61 Calls @ 3.00. .36 per contract profit.
Needed this one. Confidence builder
QID looking good. 2.94 x 3.05 from 2.64. Close the spread.
Could be nice winner to start the week.