Back out the fuel hedge, yen and frequent flyer adjust and the make 50 cents
I have followed HA for a while. They do not seem to want to push profits. My guess is the plan is to take it private. Still on hold. No hurry here. If they leased their planes their profits and balance wheet would look a lot better, but overall solid as a rock
andse2003 actually brought a good point. This is the way a company will normally do before going private. Not mentioned HA is way undervalued compared with peers like JBLU. It is worth a long term investment.