четверг, 28 марта 2013 г.

Once the state's second-largest airline, Aloha shut down March 31, 2008, and terminated 1,900 worker


U.S. Bankruptcy Judge Lloyd King yesterday ordered bankruptcy trustee Dane Field to conduct a new auction, saying it was an "outrage" to bar a Honolulu Advertiser reporter from attending the auction.
Once the state's second-largest airline, Aloha shut down March 31, 2008, and terminated 1,900 workers because of soaring fuel prices and a costly fare war initiated by Mesa's June 2006 launch of go! interisland airline.
Yucaipa, in turn, reached a licensing agreement that would allow go! to fly under the Aloha Airlines banner student travel to australia for 10 years in exchange for a minimum student travel to australia of $6 million. The move was widely criticized by Aloha's former student travel to australia workers, who blame go! and Mesa for Aloha's demise.
James Wagner, Field's attorney, conceded that he made a "mistake" in not allowing the media to attend the auction. At the time, Wagner said he was concerned that the presence of a reporter would have a dampening effect on the bidding.
"This is ... a ringing affirmation of the right of the media and the public to be allowed to attend a judicial proceeding, even if the actual proceeding does not take place in a courtroom," Portnoy said.
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