Hawaiian Holdings, Inc. (NASDAQ:HA) Q4 2022 Earnings Call Transcript

But I do think there is a broader improvement of capabilities that comes with that. And then turning to second part of your question of how we’re going to compete. You’re right, the $39 fares are still out there. It’s not every seat seven days a week anymore, but it is generally four days a week of $39 and a little bit higher on the weekends and pretty broadly available, although not last seat availability. And the fact of the matter is, we have to continue to compete. We do have better schedule and service and great reliability and great employees. But we all know that you got to be cost competitive and you got to be price competitive in this business. So we’re going to like going to continue to compete and we ultimately know that we’re going to be successful.

Chris Stathoulopoulos: Okay, apologies. There was a lot in that first question. Just on the other international point of sale markets, if you could give a little bit color on what you’re seeing there? Thank you.

Peter Ingram: Yes. So I think certainly Australia and New Zealand have had a really, really strong winter strength out of those points of sale, but also really good strength both from volumes and fares for U.S. point of sale. We’ve also seen really strong U.S. point of sale for Japan and Korea, albeit that represents a much smaller portion of our overall traffic mix, but clearly there’s been some demand there. And then Korea point of sale, I would say, has held up pretty well also. So I think overall, we’re pretty encouraged with how those are going. Is there additional runway there? Certainly, we’d like — we think so. And again, I would say front cabin has been exceptionally strong, particularly in the South Pacific where we’ve had a real ability to capture demand at materially higher fares.

Chris Stathoulopoulos: Okay. Thank you.

Operator: There are no further questions in the queue. I’d like to hand the call over to Peter Ingram for closing remarks.

Peter Ingram: All right. Thank you, Doug and mahalo again to everyone for joining us today. We have a lot of important work in the period ahead, and I am very fortunate to be a part of a terrific team. Together, we’re going to face our challenges hear on and cease the many, many opportunities that are ahead of us. We appreciate your interest and look forward to updating you on our progress again in a few months. Aloha.

Operator: Ladies and gentlemen, this does conclude today’s teleconference. Thank you for your participation. You may disconnect your lines at this time, and have a wonderful day.