Hawaiian Holdings, the parent company to Hawaiian Airlines, reported a net income of $9 million for the second quarter of this year.
Its profit was off more than 63% from the $27.5 million the company earned in the second quarter of 2009. The carrier said fuel costs and tax rates were behind the year-over-year difference.
The airline's operating revenue was $315.9 million for the three months ended June 30, compared with $292 million during the same period last year.
"Hawaiian reported its ninth consecutive quarterly profit, a winning streak unrivaled amongst its major competitors," Mark Dunkerley, Hawaiian's president and CEO, said in a July 27 statement. "Our company has built a foundation of sustained profitability amidst continuing competitive challenges and uncertain economic conditions."