Hawaiian Holdings, Inc.’s HA wholly owned subsidiary, Hawaiian Airlines, reported impressive traffic figures for July. Traffic (measured in Revenue Passenger Miles or RPMs) increased 5.1% to around 1.55 billion.Available Seat Miles (ASMs) also climbed 5% to 1.78 billion in the month. Load factor (percentage of seats filled by passengers) inched up 10 basis points (bps) to 87.4% as traffic growth outpaced capacity expansion.In the first seven months of 2018, Hawaiian Airlines witnessed a 5.8% rise in RPMs to 9.92 billion. Also, ASMs rose 5.3% to 11.53 billion. As a result, load factor increased 40 bps to 86%. Additionally, passenger count grew 5.3% to 7 million in the period.Hawaiian Holdings, Inc. Price Hawaiian Holdings, Inc. Price | Hawaiian Holdings, Inc. QuoteThis Zacks Rank #3 (Hold) company recently reported second-quarter financial numbers wherein earnings surpassed estimates but revenues missed the same. While earnings per share declined, revenues improved on a year-over-year basis. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.For the third quarter, Hawaiian Airlines anticipates operating revenue per available seat mile to be down 1.5% to up 1.5% on a year-over-year basis. While capacity expansion is projected between 7.5% and 9.5%. Unit costs excluding fuel are estimated to rise significantly, primarily owing to escalating labor costs. Fuel cost per gallon (economic) is predicted in the band of $2.10-$2.20 for the current quarter.Key airline players, namely American Airlines Group Inc. AAL, Southwest Airlines Co. LUV and Alaska Air Group, Inc. ALK also recently posted their second-quarter financial figures. Each of the carriers beat on earnings but missed on revenues.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.Click here for the 6 trades >>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 Southwest Airlines Co. (LUV): Free Stock Analysis Report Hawaiian Holdings, Inc. (HA): Free Stock Analysis Report American Airlines Group Inc. (AAL): Free Stock Analysis Report Alaska Air Group, Inc. (ALK): Free Stock Analysis Report To read this article on Zacks.com click here.