Hawaii Hawaiian Airlines nets $38M in Q4 By Shane Nelson / February 08, 2016 Share 1 -- Hawaiian Holdings, parent company to Hawaiian Airlines, reported $37.9 million in net income for the fourth quarter of 2015, an increase of more than $26.8 million over the same three-month period in 2014.Passenger revenue for the quarter dipped, however, slipping less than 1% year over year to just over $500 million, according to figures released by Hawaiian late last month. “The low cost of fuel, robust demand in all of our major geographies, manageable industry capacity growth between the U.S. mainland and Hawaii in the second half of the year, and the wonderful customer service delivered by my colleagues on the ground and in the air have combined for a record setting 2015,” Mark Dunkerley, Hawaiian’s president and CEO, said in a statement. Hawaiian reported more than $182.6 million in net income for all of 2015, up dramatically from the $69 million profit the airline posted in 2014. Not surprisingly, the lower cost of fuel played a significant role in the carrier’s increased net income. Hawaiian paid $417 million in total fuel costs during 2015, saving more than $260 million when compared with the previous year.