Hawaiian Holdings, Inc.’s HA wholly owned subsidiary Hawaiian Airlines reported traffic figures for January. Traffic (measured in Revenue Passenger Miles or RPMs) increased 6.6% to 1.53 billion in the month. Available Seat Miles (ASMs) climbed 7.5% to 1.83 billion in the period. With capacity expansion exceeding traffic growth, load factor (percentage of seats filled by passengers) deteriorated 70 basis points (bps) to 83.6%. The carrier transported 963,053 passengers in January, up 0.5% year over year. With the earnings season on, let’s shed some light on the airline’s recently released fourth-quarter earnings report. The carrier’s quarterly earnings (excluding 8 cents from non-recurring items) of 99 cents per share outpaced the Zacks Consensus Estimate of 87 cents. However, the bottom line dipped 1% year over year. Although quarterly revenues of $708.1 million missed the Zacks Consensus Estimate of $709.3 million, the same inched up 1.5% year over year. Passenger revenues accounting for bulk (91.6%) of the top line increased 1.6% year over year. Meanwhile, with pressures related to average fares in the carrier’s domestic markets, operating revenue per available seat mile (RASM: a key measure of unit revenues) slid 2.1% year over year. (Read more: Hawaiian Holdings Q4 Earnings Beat Estimates, Slip Y/Y) Hawaiian Holdings, Inc. Price Hawaiian Holdings, Inc. price | Hawaiian Holdings, Inc. Quote Zacks Rank & Key Picks Hawaiian Holdings carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are GATX Corporation GATX, Azul S.A. AZUL and Controladora Vuela Compania de Aviacion, S.A.B. de C.V. VLRS, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. GATX boasts a stellar earnings record, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 21%. Meanwhile, shares of Azul and Controladora Vuela have gained more than 27% and 73%, respectively, in a year’s time. Zacks Top 10 Stocks for 2020 In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020? Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys. Access Zacks Top 10 Stocks for 2020 today >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hawaiian Holdings, Inc. (HA): Free Stock Analysis Report Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS): Free Stock Analysis Report GATX Corporation (GATX): Free Stock Analysis Report AZUL SA (AZUL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research