Monday, April 28, 2008

HI Superferry:, that was mighty fast

Hawaiian Air, FedEx, UPS and HSF may get business from this. Wonder why GMAC didn't have a little more patience?

From the Honolulu Advertiser tonight:
Aloha Airlines shuts down cargo operations
Aloha Airlines said today it is shutting down its interisland cargo operations. Aloha, which carries 85 percent of all goods by air between the islands, said its lender was unwilling to provide further financing. (9:13 p.m.)
Aloha Cargo customers left scrambling (6:09 p.m.)
Superferry said it will do what it can to help interisland deliveries (6:57 p.m.)
Air Force has 8 cargo jets at Hickam (6:38 p.m.)
Breaking News: "Aloha Airlines to shut down cargo division"
POSTED: April 29, 2008

HONOLULU (AP) -- Aloha Airlines is shutting down its cargo division because its primary lender was unwilling to provide further financing. Aloha carries 85 percent of the state's interisland air cargo, including all mail to and from Maui and the Big Island. Airline attorneys say GMAC Commercial Finance's decision to stop financing Monday came after two companies interested in buying the cargo division pulled out...

Well, the following event looks even more interesting:

UP IN THE AIR: THE FUTURE OF AIRLINE TRANSPORTATION, luncheon sponsored by the Hawaii Publishers Association, featuring Mark Dunkerley, CEO of Hawaiian Airlines, David Banmiller, CEO of Aloha Airgroup and Richard Hee, a vice president of Island Air; 11:30 a.m. registration, noon lunch, Hilton Hawaiian Village, South Pacific Ballroom II and III; $45 (cash or check) at the door. Information: 234-1288.

That was mighty fast,
Aloha to Aloha,

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