Saturday, April 12, 2008

Cost of fuel behind transportation failures

April 6, 2008, The Maui News

Quote of the day from Aloha Airlines CEO David Banmiller:

“I mean we have support for the Superferry whose business model is broken, we have support to go buy a hotel resort or something, so any misconception we weren’t out there turning over every rock, talking to state and federal officials and investors and airlines is simply an error.”

With both cases the governor sought government intervention in the free market to be assisted by the Legislature for new special-privilege law of a company-specific nature. In both cases, the biggest problem to the company is the rising cost of fuel. In both cases, the governor believes that...

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