Historical Facts About Aloha Airline's Bankruptcy

[Bankruptcy]

Aloha Airlines, named after the popular Hawaiian greeting, was an
airline service that operated from Honolulu in Hawaii until it closed
operations in March 2008. This marked a sad end for a company that had
survived for more than six decades and had successfully come off
bankruptcy two years earlier.

On March 20 2008, Aloha President David Banmiller stated that they
were out of time to secure a competent buyer or find sustainable
finances for their passenger services. While giving official
statements he said that the airline had no choice but to declare
themselves as bankrupt. Aloha Airlines had been a regular sufferer
since Phoenix-based Mesa Air Group Inc. launched their new inter-
island air services called go! Airlines in 2006. This had set off a
local inter-island airfare war, a war that Aloha ultimately lost.


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