Item 1.01. Entry into a Material Definitive Agreement
On
Additionally, as part of the Supplemental Agreement, Hawaiian and Boeing agreed to defer the delivery of ten (10) Boeing 787-9 aircraft previously scheduled for delivery beginning in the fourth quarter of 2022. Deliveries of these Boeing 787-9 aircraft will commence in the fourth quarter of 2023 and will continue into 2027, with one Boeing 787-9 aircraft now scheduled for delivery in 2023 and three Boeing 787-9 aircraft now scheduled for delivery in 2024.
The delivery schedule disclosed above represents Hawaiian's best estimate of timing of aircraft delivery under the Purchase Agreement and Supplemental Agreement, as of the date of this report. Actual delivery dates are subject to change based on various potential factors, including production delays by the manufacturer.
The foregoing description is not complete and is qualified in its entirety by
reference to the full text of the Supplemental Agreement which the Company
intends to file with the
Item 2.02. Results of Operations and Financial Condition
The Company is providing an update to its previously disclosed capital
expenditures outlook for the full year ending
Forward-Looking Statements
This report contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the Company's current plans and expectations. Such forward-looking statements include, without limitation, expectations and plans with respect to the delivery and terms of delivery of Boeing 787-9 aircraft under the Purchase Agreement and Supplemental Agreement, and the Company's updated expectations related to its capital expenditures for 2022. Words such as "expects," "anticipates," "projects," "intends," "plans," "believes," "estimates," variations of such words, and similar expressions are also intended to identify such forward-looking statements. These forward-looking statements are and will be subject to many risks, uncertainties and assumptions relating to the Company's operations and business environment, all of which may cause the Company's actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. These risks and uncertainties include, without limitation, the Company's strategy and business plans; the effect of macroeconomic conditions and political circumstances on the Company's business operations and financial condition; supply chain constraints; future financial commitments in connection with purchasing Boeing 787-9 aircraft; the availability of future sources of capital, which could change as a result of market conditions or for other reasons; interest rates; the Company's ability to generate sufficient cash and manage its available cash; changes in the Company's capital needs; and the Company's financial liquidity.
The risks, uncertainties and assumptions referred to above that could cause the
Company's results to differ materially from the results expressed or implied by
such forward-looking statements also include the risks, uncertainties and
assumptions discussed from time to time in the Company's other public filings
and public announcements, including the Company's Annual Report on Form 10-K and
the Company's Quarterly Reports on Form 10-Q, as well as other documents that
may be filed by the Company from time to time with the
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