SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Schultze Asset Management, LLC (Last) (First) (Middle) 3000 WESTCHESTER AVENUE (Street) PURCHASE NY 10577 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/10/2008	3. Issuer Name and Ticker or Trading Symbol HAWAIIAN HOLDINGS INC [ HA ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,818,922(1)	D(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Schultze Asset Management, LLC (Last) (First) (Middle) 3000 WESTCHESTER AVENUE (Street) PURCHASE NY 10577 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Schultze George J (Last) (First) (Middle) 3000 WESTCHESTER AVENUE C/O SCHULTZE ASSET MANAGEMENT, LLC (Street) PURCHASE NY 10577 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Schultze Master Fund, Ltd. (Last) (First) (Middle) 3000 WESTCHESTER AVENUE C/O SCHULTZE ASSET MANAGEMENT, LLC (Street) PURCHASE NY 10577 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. On April 10, 2008, Schultze Master Fund, Ltd. acquired 383,362 shares of the issuer's common stock, which resulted in Schultze Asset Management, LLC and George Schultze exceeding 10% beneficial ownership in the issuer's shares of common stock. Subsequently, through an additional trade on April 11, 2008, as reflected on the Form 4 filed by the Reporting Persons on April 14, 2008, Schultze Master Fund, Ltd. acquired 402,615 shares of the issuer's common stock, which resulted in Schultze Master Fund, Ltd. exceeding 10% beneficial ownership in the issuer's shares of common stock.

2. The reporting persons disclaim beneficial ownership of these shares except to the extent of the reporting persons' pecuniary interest in the shares.

3. Schultze Master Fund, Ltd., directly beneficially owns these shares; Schultze Asset Management, LLC indirectly beneficially owns these shares by its ownership of a percentage of Schultze Partners, LP and in its role as General Partner of Schultze Partners, LP. George J. Schultze controls Schultze Asset Management, LLC.

Remarks:

	/s/ George J. Schultze, Managing Member, on behalf of, Schultze Asset Management, LLC	04/14/2008
	/s/ George J. Schultze	04/14/2008
	/s/ George J. Schultze, Director, on behalf of Schultze Master Fund, Ltd.	04/14/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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