-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UNTimWNkI0F9A+zIz7UpFvqrRO5zmYrk9UOvHb//hkKQU2aKgD3p2h680vtxW7OK TwNS7V0ik7AVAaUylLIYyA== 0001104659-07-042862.txt : 20070525 0001104659-07-042862.hdr.sgml : 20070525 20070525060052 ACCESSION NUMBER: 0001104659-07-042862 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070524 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070525 DATE AS OF CHANGE: 20070525 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HAWAIIAN HOLDINGS INC CENTRAL INDEX KEY: 0001172222 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 710879698 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31443 FILM NUMBER: 07878587 BUSINESS ADDRESS: STREET 1: 3375 KOAPAKA STREET STREET 2: SUITE G-350 CITY: HONOLULU STATE: HI ZIP: 96819 FORMER COMPANY: FORMER CONFORMED NAME: HAWAIIAN AIR GROUP INC DATE OF NAME CHANGE: 20020429 FORMER COMPANY: FORMER CONFORMED NAME: HA HOLDINGS INC DATE OF NAME CHANGE: 20020425 8-K 1 a07-15267_18k.htm 8-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): May 24, 2007

HAWAIIAN HOLDINGS, INC.
(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

1-31443

 

71-0879698

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification Number)

 

3375 Koapaka Street, Suite G-350, Honolulu, HI 96819
(Address of Principal Executive Offices) (Zip Code)

(808) 835-3700
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17  CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR  240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the  Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the  Exchange Act (17 CFR 240.13e-4(c))

 

 




Item 8.01.     Other Events.

On May 24, 2007, the Registrant issued the press release attached hereto as Exhibit 99.1, which press release is incorporated herein by reference.

In conjunction with staffing adjustments announced on May 24 the Registrant expects to incur severance related charges of approximately $1.5 million to $2.0 million during the quarter ending June 30, 2007, with annual estimated savings thereafter of $3 million to $4 million.

Item 9.01.     Financial Statements and Exhibits.

(d) Exhibits.

99.1

 

Press Release Dated May 24, 2007.

 

2




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 24, 2007

HAWAIIAN HOLDINGS, INC.

 

 

 

 

 

 

 

By:

/s/ Peter R. Ingram

 

   Name:

 Peter R. Ingram

 

   Title:

Executive Vice President, Chief Financial Officer and Treasurer

3




EXHIBIT INDEX

 

99.1

 

Press Release Dated May 24, 2007.

 

 

4



EX-99.1 2 a07-15267_1ex99d1.htm EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

 

Contact:

 

Keoni Wagner (808) 838-6778

Thursday, May 24, 2007

 

 

 

Keoni.Wagner@HawaiianAir.com

Hawaiian Reduces Non-Union Staff in Realignment of Operations

HONOLULU — As part of a broader effort to realign its business in line with the changing needs of the airline industry, Hawaiian Airlines has today released 98 non-union employees in administrative positions throughout the company. An additional 38 unfilled non-union positions are also being eliminated.

“This decision was difficult and painful and not taken lightly,” said Mark Dunkerley, Hawaiian’s president and CEO. “This is in no way a reflection on the individuals whose positions are affected. We appreciate all they have done for our company.”

Each of the affected employees is being offered a choice of generous severance packages. They may also choose to apply for open jobs in other areas of the company and some will have the ability to return to union positions. Approximately 40 percent of the employees being released are based outside of Hawaii.

Dunkerley said the reduction in jobs culminates more than six months of studying the company’s structure with a view to realigning operations to better match the changing nature of consumer behavior.

“In an industry as dynamic as ours, a competitive company must constantly adapt to the changing business environment,” he said. “Among other things, this requires changing how we apportion our workforce, so in some places we are adding and in other areas we are reducing. Even after this decrease, our workforce is bigger than it was a year ago, and we will continue to grow.”

Much of this increase comes from the introduction of four new wide-body aircraft to Hawaiian’s transpacific fleet. The company’s total workforce now stands at 3,493 employees.

Dunkerley added, “As we reshape the company, we remain focused on maintaining our industry-leading performance and continuing to grow our business.”

Hawaiian consistently earns high passenger approvals and top national ratings across all customer satisfaction factors, especially with in-flight service, on-time performance, and baggage handling. In the first quarter, Hawaiian enjoyed an industry-leading 87.5 percent load factor.

-more-




About Hawaiian Airlines

The nation’s top-ranked airline for service in the 2007 Airline Quality Ratings, Hawaiian also led all U.S. carriers in on-time performance for 2004, 2005 and 2006 (including a record 36 consecutive months from November 2003 to October 2006,) and in fewest misplaced bags for 2005 and 2006, as reported by the U.S. Department of Transportation. Consumer surveys by Condé Nast Traveler, Travel + Leisure, and Zagat all rank Hawaiian as the top domestic airline serving Hawaii.

Now in its 78th year of continuous service in Hawaii, Hawaiian is the state’s biggest and longest-serving airline, as well as the second largest provider of passenger air service between the U.S. mainland and Hawaii. Hawaiian offers nonstop service to Hawaii from more U.S. gateway cities than any other airline (nine), as well as service to Australia, American Samoa and Tahiti. Hawaiian also provides approximately 100 daily jet flights among the Hawaiian Islands.

Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (AMEX: HA). Additional information is available at HawaiianAirlines.com.

-30-



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