06
Oct

Hawaiian Airlines generates USD9.3 billion in economic benefit for the state of Hawai‘i

Hawaiian Airlines generated the equivalent of USD9.3 billion in economic benefit for the state of Hawai‘i and supported more than 60,000 jobs in 2018, according to an independent report conducted in recognition of the airline’s 90th year of service to the state and its people.

The analysis by global consulting services company ICF examined the most recent publicly available full-year data to assess Hawaiian’s economic impact to its home state. “Due to the State’s unique geography, HA (Hawaiian Airlines) provides a service to Hawai‘i that is unmatched anywhere else in the US and most of the world,” the report concluded. “The regional economy would be severely stalled without the airline’s inter-island, domestic and international flights.”

The carrier is Hawai‘i’s oldest and longest-serving airline, whose core mission to serve Hawai‘i has guided its global growth since its founding as Inter-Island Airways in Nov-1929. The report, which was commissioned by the airline, noted that in addition to direct benefits derived from visitor and employee spending, the airline generates regional employment and revenue through spending on daily operations, capital investments, and indirect spending by visitors and passengers.

“There is no other state that relies so heavily on air transport to connect itself geographically,” says Hawai‘i economist Paul Brewbaker, who contributed to the report.

Alongside the economic impact, the ICF analysis says Hawaiian Airlines supports 60,600 total jobs, and transported 2.7 million passengers to the Islands. These numbers are identified a result of the multiplying effects of the airline’s direct industry activity; where every USD1 of direct activity produces a total effect that is nearly 2.0 times greater than the initial spending.

READ MORE via The Blue Swan DailyHawaiian Airlines generates USD9.3 billion in economic benefit for the state of Hawai‘i