Friday, April 11, 2008

Aloha Aloha: Airline first of many to shut down

By Kate Gardiner
4/7/2008 7:47:12 PM

Impact on tourism, flights to islands reverberates throughout industry

HONOLULU – Aloha Airlines ended its era March 31. The 61 year-old airline flew its final passengers last Monday and ceased passenger operations. While it will continue to operate its cargo shipping in the state, it laid off 1,900 employees, or 54 percent of its workforce.

“This is an incredibly dark day for Hawaii,” said David Banmiller, Aloha’s president and chief executive officer in a press release. “Despite the groundswell of support from the community and our elected officials, we simply ran out of time to find a qualified buyer or secure continued financing for our passenger business. We had no choice but to take this action.”...

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