Hawaiian Airlines will continue its aggressive expansion strategy in the fourth quarter, with the addition of Sapporo and Brisbane to its international network.
Capacity will be up by between 28.5% and 30.5% during the period compared to a year earlier, says Scott Topping, chief financial officer of Hawaiian, during an earnings call on 23 October. Full year capacity growth is anticipated to be between 20.5% and 23.5%.
The airline has added five Airbus A330-200s and three Boeing 717-200s this year, buoying capacity significantly compared to 2011.
Capacity growth will level off in the first quarter of 2013. Topping says that the airline has no deliveries scheduled until March and adds that the majority of its 2013 aircraft deliveries will be offset by planned retirements.
Hawaiian will receive six A330s and return three Boeing 767-300ERs to lessor International Lease Finance Corporation (ILFC) in 2013, according to Flightglobal's Ascend Online database.
Passenger unit revenue is expected to decline by 5% to 8% and unit costs excluding fuel by 5.5% to 8.5% during the fourth quarter compared to 2011, says Topping.
Capital expenditure will be between $55 million and $60 million during the quarter, says Topping. This is buoyed by the purchase of two ATR 42 turboprops for about $15 million.