|
CUSIP NO.
419879101
|
13G
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Page 2 of
10
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1
|
NAME
OF REPORTING PERSON:
Canyon Capital Advisors
LLC
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
95-4688436
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||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
þ (b)
¨
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||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY EACH REPORTING PERSON WITH
|
5
|
SOLE
VOTING POWER
634,320
(including 633,344 warrants)
|
|
|
6
|
SHARED
VOTING POWER
0
|
||
|
7
|
SOLE
DISPOSITIVE POWER
634,320
(including 633,344 warrants)
|
||
|
8
|
SHARED
DISPOSITIVE POWER
0
|
||
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9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
634,320
(including 633,344 warrants)
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* ¨
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.23%
|
||
|
12
|
TYPE
OF REPORTING PERSON*
IA
|
||
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CUSIP NO.
419879101
|
13G
|
Page 3 of
10
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1
|
NAME
OF REPORTING PERSON:
Mitchell R. Julis
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
|
||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
þ (b)
¨
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY EACH REPORTING PERSON WITH
|
5
|
SOLE
VOTING POWER
0
|
|
|
6
|
SHARED
VOTING POWER
634,320
(including 633,344 warrants)
|
||
|
7
|
SOLE
DISPOSITIVE POWER
0
|
||
|
8
|
SHARED
DISPOSITIVE POWER
634,320
(including 633,344 warrants)
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
634,320
(including 633,344 warrants)
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* ¨
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.23%
|
||
|
12
|
TYPE
OF REPORTING PERSON*
IN
|
||
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CUSIP NO.
419879101
|
13G
|
Page 4 of
10
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1
|
NAME
OF REPORTING PERSON:
Joshua S. Friedman
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
|
||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
þ (b)
¨
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United
States
|
||
|
NUMBER
OF SHARES
BENEFICIALLY
OWNED
BY EACH REPORTING PERSON WITH
|
5
|
SOLE
VOTING POWER
0
|
|
|
6
|
SHARED
VOTING POWER
634,320
(including 633,344 warrants)
|
||
|
7
|
SOLE
DISPOSITIVE POWER
0
|
||
|
8
|
SHARED
DISPOSITIVE POWER
634,320
(including 633,344 warrants)
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
634,320
(including 633,344 warrants)
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* ¨
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.23%
|
||
|
12
|
TYPE
OF REPORTING PERSON*
IN
|
||
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CUSIP NO.
419879101
|
13G
|
Page 5 of 10 |
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1
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NAME
OF REPORTING PERSON:
K. Robert Turner
I.R.S.
IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
|
||
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) þ (b)
¨
|
||
|
3
|
SEC
USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
United States
|
||
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY EACH REPORTING PERSON WITH
|
5
|
SOLE
VOTING POWER
0
|
|
|
6
|
SHARED
VOTING POWER
634,320
(including 633,344 warrants)
|
||
|
7
|
SOLE
DISPOSITIVE POWER
0
|
||
|
8
|
SHARED
DISPOSITIVE POWER
634,320
(including 633,344 warrants)
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
634,320
(including 633,344 warrants)
|
||
|
10
|
CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES* ¨
|
||
|
11
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.23%
|
||
|
12
|
TYPE
OF REPORTING PERSON*
IN
|
||
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CUSIP NO.
419879101
|
13G
|
Page 6 of
10
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ITEM
1(a).
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NAME
OF ISSUER:
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| Hawaiian Holdings, Inc. (“Hawaiian Holdings”) |
| ITEM 1(b). | ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: |
|
3375
Koapaka Street
Suite
G-350
Honolulu,HI 96819
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ITEM
2(a).
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NAME
OF PERSON FILING:
|
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This Schedule 13G is being
filed on behalf of the following persons*:
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(i)
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Canyon Capital Advisors LLC (“CCA”) |
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(ii)
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Mitchell R. Julis |
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(iii)
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Joshua S. Friedman |
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(iv)
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K. Robert Turner |
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CCA is
the investment advisor to the following persons:
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(i)
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Canyon Value Realization Fund, L.P. (“VRF”) |
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(ii)
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The Canyon Value Realization Fund (Cayman), Ltd. (“CVRF”) |
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(iii)
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Citi Canyon Ltd. (“Citi”) |
| (iv) | Canyon Value Realization Fund MAC 18, Ltd. (“CVRFM”) | |
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(v)
|
Zurich Institutional Benchmarks Master Fund, Ltd. (“Zurich”) |
| (vi) | Canyon Balanced Equity Master Fund, Ltd. (“CBEF”) | |
| (vii) | CMS/Canyon DOF Subpartnership, L.P. (“CMS”) | |
| (viii) | Canyon Capital Arbitrage Master Fund, Ltd. (“CARB”) | |
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*
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Attached
as Exhibit A is a copy of an agreement among the persons filing (as
specified hereinabove) that this Schedule 13G is being filed on behalf of
each of them.
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ITEM
2(b).
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ADDRESS
OF PRINCIPAL BUSINESS OFFICE:
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ITEM
2(c).
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CITIZENSHIP:
|
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CCA:
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a Delaware limited liability company | |
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VRF:
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a Delaware limited partnership | |
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CVRF:
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a Cayman Islands corporation | |
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Citi:
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a Cayman
Islands corporation
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CVRFM:
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a Cayman Islands corporation | |
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Zurich:
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a Bermuda corporation | |
| CBEF: | a Cayman Islands corporation | |
| CMS: | a Delaware limited partnership | |
| CARB: | a Cayman Islands corporation |
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CUSIP NO.
419879101
|
13G
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Page 7 of
10
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| Mitchell R. Julis: | United States | ||
| Joshua S. Friedman: | United States | ||
| Robert K. Turner | United States |
|
ITEM
3.
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IF
THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) or (c)
CHECK WHETHER THE PERSON FILING IS: One of the
following
|
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(a)
|
¨
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Broker
or dealer registered under Section 15 of the Exchange
Act.
|
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(b)
|
¨
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Bank
as defined in Section 3(a)(6) of the Exchange Act.
|
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(c)
|
¨
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Insurance
company as defined in Section 3(a)(19) of the Exchange
Act.
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(d)
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¨
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Investment
company registered under Section 8 of the Investment Company
Act.
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(e)
|
þ
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An
investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
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(f)
|
¨
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An
employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
|
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(g)
|
¨
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A
parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
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(h)
|
¨
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A
savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act;
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(i)
|
¨
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A
church plan that is excluded from the definition of an investment company
under Section 3(c)(14) of the Investment Company Act;
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(j)
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¨
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Group,
in accordance with Rule
13d-1(b)(1)(ii)(J).
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CUSIP NO.
419879101
|
13G
|
Page 8 of
10
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| ITEM 4. |
OWNERSHIP:
|
|
The
information in items 1 and 5 through 11 on the cover pages (pp. 2 - 5) on
this Schedule 13G is hereby incorporated by reference.
|
|
| ITEM 5. |
OWNERSHIP
OF FIVE PERCENT OR LESS OF A CLASS:
|
|
If
this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities check the
following. þ
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| ITEM 6. |
OWNERSHIP
OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
|
|
CCA is an investment advisor to various managed accounts, including
VRF, CVRF, Citi, CVRFM, CBEF, CMS, CARB and Zurich, with the right to
receive, or the power to direct the receipt, of dividends from, or the
proceeds from the sale of the securities held by, such managed
accounts. Messrs. Julis, Friedman, Turner and Evensen control
entities which own 100% of CCA.
|
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| ITEM 7. |
IDENTIFICATION
AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
|
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Not
applicable
|
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| ITEM 8. |
IDENTIFICATION
AND CLASSIFICATION OF MEMBERS OF A GROUP:
|
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Not
applicable.
|
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| ITEM 9. |
NOTICE
OF DISSOLUTION OF GROUP:
|
| Not applicable |
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CUSIP NO.
419879101
|
13G
|
Page 9 of
10
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CUSIP NO.
419879101
|
13G
|
Page 10 of
10
|