POSTED: 01:30 a.m. HST, Jan 17, 2013
~~<p>Island Air's passenger traffic has fallen five of the past six years and the local carrier likely ended 2012 carrying the fewest number of people since it was purchased by Novato, Calif.-based Gavarnie Holding LLC in 2004, according to federal data.</p>
Island Air's passenger traffic has fallen five of the past six years and the local carrier likely ended 2012 carrying the fewest number of people since it was purchased by Novato, Calif.-based Gavarnie Holding LLC in 2004, according to federal data.
The regional airline, which last week said it has a preliminary agreement to be purchased by an unnamed buyer, carried 241,019 passengers through the first nine months of 2012, according to data the airline recently reported to the U.S. Department of Transportation's Bureau of Transportation Statistics. That was down 21 percent from 304,641 during the same nine-month period in 2011. Login for more...