Hawaiian Air passenger traffic drops

Hawaiian Airlines carried fewer passengers and filled fewer seats last month than it did a year ago.

The carrier said Monday that it transported 798,780 passengers in July, off 0.9 percent from 805,925 in the year-ago period. Hawaiian’s load factor, or the percentage of seats filled, fell to 85.2 percent from 86.7 percent.

Revenue passenger miles, or one paying passenger transported one mile, rose 11.7 percent to 926.7 million from 829.9 million. Available seat miles, or one seat transported one mile, increased 13.6 percent to 1.1 million from 957.3 million.

New York Life moving upstairs

New York Life Insurance Co. will be moving to the 19th and 20th floors of the Davies Pacific Center, 841 Bishop St. Suite 1900, from the 14th floor of the same building as of Friday.

The new office will provide space for 125 employees. The company is hiring 35 new agents this year. The Honolulu staff now has 105 agents and 20 support staff.

Grants available for social programs

The Hawaii Community Foundation’s Island Innovation Fund is offering grants to local nonprofits for innovative social programs.

The fund will begin accepting applications Sept. 1 online only at www.islandinnovation.org. The three-year, $3 million funding project offers awards of up to $100,000.

Awardees will be announced by February.

S&P downgrades Fannie and Freddie

WASHINGTON » Standard & Poor’s Ratings Services on Monday downgraded the credit ratings of Fannie Mae and Freddie Mac and other entities linked to long-term U.S. debt.

S&P also lowered the ratings for farm lenders; long-term U.S. government-backed debt issued by 32 banks and credit unions; and three major clearinghouses, which are used to execute trades of stocks, bonds and options.

All the downgrades were from AAA to AA+, reflecting the same downgrade S&P made of long-term U.S. government debt on Friday.

ON THE MOVE

Accuity LLP has promoted the following:
» Ryan Horiuchi to manager. He has been with the firm for six years.
» Kim Ishibashi to manager in the company’s management consulting practice. She has been with the firm since 2008.
» Sondra Ouye to manager. She has been with the firm for seven years.
» Sean Mochizuki to supervisor. He has five years’ experience with the firm.
» Brent Noyama to supervisor. He has more than four years with the firm.
» Masako Ruiz to supervisor. She has 41⁄2 years with the firm.
» Sean Yoneshige to supervisor. He has four years with the firm.

Coldwell Banker Pacific Properties has named Oleg Potem kin as realtor associate for its Waikiki office. He has nine years of experience, including as realtor associate at Century 21 All Islands.