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Aloha Airlines files for Chapter 11 bankruptcy
It looks like oil has taken its latest victim in the airline industry: Aloha Airlines just announced that they're applying for Chapter 11 bankruptcy. Citing outrageous oil prices and "predatory" competition of inter-island carrier "go!", the Hawaiian airline is now seeking financing to keep operations and logistics going while they reorganize.I'm not too sure what the history is between Aloha Airlines and go!, but Aloha definitely isn't very happy. Said David Banmiller, their CEO on the affair:
"It is a travesty and a tragedy that the illegal actions of a competitor and other factors completely beyond our control have forced us to take this action"
In case you were already booked on Aloha Airlines, operations are supposed to continue for the near term. If the bankruptcy court ends up pulling the plug though, things are going to grind to a halt pretty quick, so be ready to cash in your chips and look into an alternative airline. Luckily, there is plenty of competition on the inter-island routes.
Check out the website's FAQ on their chapter 11 filing here.
Reader Comments (Page 1 of 1)
bc Mar 22nd 2008 4:13AM
Go airlines strategic plan was always to push Aloha and Hawaiian out. I cant believe we, the loyal people of Hawaii are falling for their plan. You might think that its great because prices are inexpensive and you are loving the air wars, but please think long term. The Go president stated to the media that he will increase prices once he gets a better foot in. And guess what, this is happening now that ALOHA is in trouble...Lets not think short term, because believe me you will pay a LOT more for your airfare, if ALOHA does not get back on your feet. Not to mention GO another mainland company will be taking over and they do not have the spirit of ALOHA...Please support Aloha and DO NOT FLY go. I just want them to GO AWAY! Lets support Aloha !!!!!!!!!!!!!!!
ric smith Mar 24th 2008 9:52AM
I book all my Hawaii flights with Pleasant Holidays who uses Aloha, GO and others. They have a 2 for 1 airfare deal from Los Angeles or San Fransico which is $299 per person for air + hotel to Hawaii. We should fly on who offers the lowest price and best service.