Hawaiian Air Pivots to US Mainland to Cope With Weak Yen Impact

July 30, 2024, 9:44 PM UTC

Hawaiian Airlines is aiming to boost its domestic business to offset a decline in Japanese demand, due mostly to the impact from a sharp fall in the yen against the dollar.

The Hawaiian Holdings Inc. brand has been hurt by weaker revenue from Japan, its largest international market, forcing a redeployment of capacity between the islands and US mainland, Peter Ingram, the company’s chief executive officer, said Tuesday on an earnings conference call.

The sagging yen increases costs for Japanese travelers to the US and erodes the US dollar value of revenue generated by American companies in Japan. ...

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