Hawaiian Holdings slumps to 12-year low as Maui wildfires hurt Q3 results

Hawaiian Holdings

25/10/2023 15:19

(Updates)
    ** Shares of Hawaiian Holdings  HA.N  fall 6.3% to $4.03,
hitting over a 12-year low 
    ** The Hawaiian Airlines parent posts a wider-than-expected
Q3 adjusted loss per share of $1.06
    ** The co previously beat profit expectations for the last
four quarters in a row, per LSEG data
    ** Rev falls nearly 2% and misses estimates
    ** Co says rev was trending positively in July, but
wildfires in West Maui in August caused a sharp decrease in
traffic
    ** Stock has slumped nearly 61% YTD 

 (Reporting by Amruta Khandekar)