September 28, 1989 |
An investment group headed by J. Thomas Talbot and Peter V. Ueberroth, the former major league baseball commissioner, said Wednesday that it will not buy troubled Hawaiian Airlines as planned unless it gets hefty concessions from the airline's unions. In a filing with the Securities and Exchange Commission, the Ueberroth group said it is seeking a three-year wage freeze from the unions and changes in work rules that would increase productivity 30%.
November 20, 1990 |
The parent company of Hawaiian Airlines, a troubled firm part-owned by former Olympic organizer Peter V. Ueberroth, said Monday that it defaulted on some aircraft leases and on a loan from Security Pacific Bank. The defaults came amid continued losses at HAL Inc. HAL said Monday that it lost $13.3 million for the third quarter, bringing its loss to $56.3 million for the first nine months of 1990. Revenue for the third quarter was $101.5 million.
December 15, 1989 |
Hawaiian Airlines, which has agreed to be taken over by a Newport Beach investor group, said it will reduce its work force by about 200 employees after Jan. 1, 1990, in order to cut costs. Hawaiian Airlines Chief Executive Officer John Magoon Jr. said Wednesday that the layoffs will total just under 7% of the company's total work force and will include both full-time and part-time workers.
April 14, 2002 |
Hawaiian and Aloha airlines are expanding service from Southern California to Hawaii after the collapse last month of their proposed merger. Hawaiian on June 7 will begin daily nonstop service to Honolulu from Ontario and (and also Sacramento) using 767-300 ER aircraft that can carry 252 passengers. In February it announced plans to resume daily nonstop LAX-Maui flights on June 15 (flights were suspended after Sept. 11) and add a fourth daily flight between LAX and Honolulu for the summer.
August 5, 1990 |
Hawaiian and Aloha Airlines have lowered the age requirement for senior fares from 65 to 60 on inter-island flights. Mature travelers 60 and older can now purchase the unrestricted inter-island tickets for $43.95--lower than the popular kamaaina resident fare of $49.94 or the standard fare of $54.95.