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Previously listed on the American Stock Exchange, the company moved to NASDAQ on June 2, 2008. Hawaiian Holdings, Inc. is a holding company whose primary asset is the sole ownership of all issued and outstanding shares of common stock of Hawaiian Airlines, Inc. On June 30, 2008, the company announced that it had been added to the Russell 3000 Index.
Following the 1978 deregulation, U.S. carriers did not manage to make an aggregate profit for 12 years in 31, including four years where combined losses amounted to $10 billion, but rebounded with eight consecutive years of profits since 2010, including its four with over $10 billion profits. They drop loss-making routes, avoid fare wars and market share battles, limit capacity growth, add hub feed with regional jets to increase their profitability. They change schedules to create more connections, buy used aircraft, reduce international frequencies and leverage partnerships to optimise capacities and benefit from overseas connectivity.
In many ways, the biggest winner in the deregulated environment was the air passenger. Although not exclusively attributable to deregulation, indeed the U.S. witnessed an explosive growth in demand for air travel. Many millions who had never or rarely flown before became regular fliers, even joining frequent flyer loyalty programs and receiving free flights and other benefits from their flying. New services and higher frequencies meant that business fliers could fly to another city, do business, and return the same day, from almost any point in the country. Air travel's advantages put long distance intercity railroad travel and bus lines under pressure, with most of the latter having withered away, whilst the former is still protected under nationalization through the continuing existence of Amtrak.
Based on a novel by Iris Rainer Dart, Beaches traces the 30-year oil-and-water friendship between free-spirited Bronx Jew CC Bloom (Bette Midler) and uptight San Francisco WASP Hillary Essex (Barbara Hershey). The two meet as children in Atlantic City (played by Mayim Bialik and Marcie Leeds) and are reunited in the 1960s, when CC is a struggling singer and Hillary is trying to break free from her staid upbringing by becoming an activist. The two ladies room together, then fall out when both are attracted to off-Broadway producer John Pierce (John Heard). CC wins John, but she quickly outgrows him as she matriculates into a bawdy performer. The recently patched-up friendship between CC and Hillary is torn asunder again when Hillary and her new husband express distaste for CC's performing style. Comes the 1970s, and CC and Hillary are reunited after shedding their respective spouses. Broke again, they once more become Manhattan roommates. Their bond strengthens, but there is tragedy in store for the duo.