Hawaiian Airlines Reports Record Q1 Revenue Following Alaska Air Merger Integration

Hawaiian Airlines posted record first-quarter revenue of $892 million, a 17 percent increase year-over-year, as the carrier’s integration with Alaska Air Group continues to unlock new route connections and cost efficiencies.

The results, released Monday, exceeded analyst expectations and marked the airline’s strongest quarter since its 2024 merger with Alaska Airlines. CEO Joe Sprague credited the performance to expanded codeshare routes that now connect Hawaiian’s Pacific network with Alaska’s West Coast dominance.

“A passenger can now book a single ticket from Boise to Maui with a seamless connection in Honolulu or Seattle,” Sprague said on an earnings call. “That kind of network reach was impossible for either carrier alone.”

Transpacific traffic between the U.S. mainland and Hawaii grew 9 percent in the quarter, with load factors averaging 88 percent — the highest among major U.S. carriers on Pacific routes. The Japan market was particularly strong, with Honolulu-Tokyo and Honolulu-Osaka flights running at 93 percent capacity.

The merger integration is ahead of schedule, with unified loyalty programs launching in July and a combined fleet maintenance operation at the Daniel K. Inouye International Airport already producing $12 million in annual savings. Hawaiian plans to add three new routes in the second half of 2026, including Honolulu-Austin and Maui-Portland.

The airline now employs 8,400 workers in Hawaii, making it the state’s sixth-largest private employer. Sprague said there are no planned layoffs and that 200 new positions will be added this year, primarily in ground operations and customer service.