Island Air files for bankruptcy
November 21, 2017 | 82° | Check Traffic

Top News

Island Air files for bankruptcy

  • COURTESY COMMUNICATIONS PACIFIC

    Island Air, which had never filed for bankruptcy in its 37 years of existence, has lost money for 17 straight quarters.

Island Air, the state’s second-largest airline, which brought in a new fleet of larger aircraft this year amid its aggressive expansion strategy, filed today for Chapter 11 reorganization bankruptcy.

The company said the bankruptcy filing was caused by threats of legal action to ground the aircraft and strand hundreds of passengers. Island Air said the filing prevents the threatened action and allows it to continue interisland service for its customers.

During the reorganization, Island Air said it expects to fly its scheduled routes as normal and honor all previously purchased tickets and confirmed reservations. In addition, there will be no changes to the Island Miles frequent-flyer and other customer service programs, including Kupuna & Keiki Saver Fare, Island Biz corporate travel program, and military and group travel programs.

Island Air, which had never filed for bankruptcy in its 37 years of existence, has lost money for 17 straight quarters.

Island Air filing for banktruptcy by Honolulu Star-Advertiser on Scribd

Comments ()
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Flag comments if you believe they do not follow our guidelines.

Click here for more information on our commenting system.