Hawaiian Airlines posts loss of $137.6M in Q1

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Hawaiian Airlines posts loss of $137.6M in Q1

HONOLULU — Hawaiian Holdings Inc., the parent company of Hawaiian Airlines, improved revenue and continued investments during the first quarter, but deepened losses as it grappled with rising operating costs and other headwinds while pursuing a merger with Alaska Airlines. The state’s largest carrier reported a net loss of $2.65 a share, or $137.6 million, as compared with $98.3 million a year ago. When adjusted for nonrecurring costs, the first…