Aloha Airlines files for Chapter 11 bankruptcy

[islandhopper]

http://the.honoluluadvertiser.com/article/2005/Feb/11/ln/ln10p.html

Is this only for Kalihi and Ewa Beach?

hahaha there was a banner ad for SPAM over that story. If you cant have Cat, buy SPAM. This will really suck if I ever have to move back to the beach park.

 

[dash8driver]

When Banmiller was asked about the sale and the money recieved from it at a pilot meeting, he said that AQ acutally have NOT recieved the money, Willis has not paid yet. SO, was there or was there not a "sale", cause I am still holding my breath for the -400s!

WP's employees still go to the AQ mail room to pick up and drop off INTERCOMPANY mail....

 

[RJP]

FlyHI...........

 

[Whale Rider]

Oooops never mnd.

 

[sjcsean]

Latest News: AQ to file under section 1113 due to the IAM lodge 142 voting down their contract.


ALOHA AIRLINES’ DISPATCHERS RATIFY NEW AGREEMENT

HONOLULU– Aloha Airlines today announced that its dispatchers and schedulers have voted
to ratify a new agreement, becoming the fourth of five employee groups to accept new
contracts.

With the Transport Workers Union ratification, 94 percent of Aloha’s workforce has
agreed to cost-cutting measures in support of the Company’s plan to emerge from bankruptcy
protection.

Aloha’s TWU voted overwhelmingly in favor of a new 52-month contract, effective January 1,
2005 through April 30, 2009. The unit represents 30 dispatchers and schedulers.

“We commend the TWU for coming through with this overwhelming vote of confidence in
support of our plan,” said David A. Banmiller, Aloha’s president and chief executive officer.

At the same time, Aloha announced that members of the International Association of
Machinists and Aerospace Workers (IAM) District Lodge 142 have voted down a proposed 52-
month contract. IAM District Lodge 142 represents about 250 Aloha mechanics and inspectors.

To continue the quick pace of progress toward early emergence from bankruptcy protection,
Aloha Airgroup, Inc., the parent company of Aloha Airlines, Inc., will file a motion tomorrow in
U.S. Bankruptcy Court for the District of Hawaii, seeking interim financial relief from the
mechanics’ current collective-bargaining agreement.

Aloha CEO Banmiller said the filing under Section 1113 of the U.S. Bankruptcy Code does not
preclude Aloha from obtaining consensual agreements with the mechanics.
“This filing is an unfortunate step in light of the fact that 94 percent of our workforce has
already ratified their agreements and are prepared to do what’s necessary to move the
Company forward,” said Banmiller.

The Court has already accepted Aloha’s new agreements with the International Association of
Machinists and Aerospace Workers (IAM) District Lodge 141 representing clerical, passenger
service and ramp service employees; as well as the Association of Flight Attendants (AFA) and
the Air Line Pilots Association (ALPA).

 

[RJP]

So someone finally voted no? Good for them.

 

[Vik]

z0omy z00m z00m .. d8d .. juare are ewe? back yet?

 

[Falconjet]

You need to get the meat for the manapua from somewhere.

Hugh: What is wrong with Ewa Beach? Or eating dog meat for that matter?

What, bug you?

FJ

 

[Hugh Jorgan]

Hugh: What is wrong with Ewa Beach? Or eating dog meat for that matter?

Nobody said another was wrong with either. I have a very special spot in my heart for Ewa Beach, my old stomping grounds. Heck, I've eaten many a' manapua and pork hash from Silva's store. Broke da mouth!

 

[English]

As the world turns...


Aloha Airlines wants
to give back 2 planes

The carrier plans to seek
court approval to reject
the planes' leases
By Dave Segal
[email protected]
Aloha Airlines is planning to ask federal Bankruptcy Court tomorrow for approval to reject leases on two of the 13 Boeing 737-700s that the airline uses on its trans-Pacific routes.

The company, which filed for Chapter 11 reorganization on Dec. 30, will return a plane to its largest aircraft lessor, GE Capital Aviation Services Inc., according to people familiar with the situation. In addition, Aloha will give back a plane to Dublin, Ireland-based RBS Aerospace. The return of the plane to RBS Aerospace was disclosed during a court hearing last week.

Aloha also has reached a new tentative agreement with its mechanics union, which last week rejected a previous contract. A ratification vote for the International Association of Machinists and Aerospace Workers Lodge 142 is scheduled for today. The airline has been looking for ways to cut costs and earlier reached agreements with unions representing the company's pilots, flight attendants, clerical workers and dispatchers. Aloha has said that the unions' members will take 10 percent pay cuts.

In addition, the airline has been trying to line up financing for interim relief, as well as agreements with its aircraft lessors. A 60-day exemption period that ends Monday would allow the airline's aircraft lessors to repossess their aircraft unless a modified lease agreement or extension is reached.

The status of Aloha's credit card agreements with First Hawaiian Bank, which processes the airline's Visa and MasterCard payments, and American Express also will be determined tomorrow.

Aloha hasn't needed as many 737-700s as it previously used since eliminating service earlier this year to the Marshall Islands and American Samoa.

The plane that Aloha is returning to RBS is the only aircraft it leases from that lessor. Aloha also is returning one of the nine 737-700s it leases from GE Capital. Additionally, GE Capital is the lender on a 737-200 that Aloha owns and is required to make payments.


Aloha Airlines

www.alohaairlines.com/