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Air Transport - Any Commercial Air Accident - Cargo or Passenger - Gets medscreen.co.uk |
Aloha Air Cargo is an American cargo airline and a former passenger airline headquartered in Honolulu CDP, City and County of Honolulu, Hawaii,[2][3] operating from a hub at Honolulu International Airport. Formerly part of Aloha Airlines, it became an independent cargo operator following the closure of the passenger airline in 2008.
[edit] HistoryMain article: Aloha Airlines Aloha Airlines was formed in 1946 and expanded over the next few decades. It filed for Chapter 11 bankruptcy protection in 2004 an attempt to cut costs and remain competitive with other airlines serving Hawaii. Following approval of new labor contracts and securing additional investment from new investors, the airline emerged from bankruptcy protection on February 17, 2006. The airline filed for Chapter 11 bankruptcy protection again on March 20, 2008.[4] Ten days later, on March 30, 2008, Aloha Airlines announced the suspension of all scheduled passenger flights, with the final day of operation to be March 31, 2008.[5] After the shutdown of passenger operations, Aloha and its creditors sought to auction off its profitable cargo and contract services division. Several companies expressed interest in purchasing Aloha's cargo division, including Seattle-based Saltchuk Resources, California-based Castle & Cooke Aviation, and Hawaii-based Kahala Capital (which included Richard Ing, a minority investor in the Aloha Air Group and member of Aloha's board of directors).[6] However, a disagreement between cargo division bidders and Aloha's primary lender, GMAC Commercial Finance, ended with the bidders dropping out of the auction.[7] Almost immediately afterwards, GMAC halted all funding to Aloha's cargo division, forcing all cargo operations to cease; at the same time, Aloha's board of directors decided to convert its Chapter 11 bankruptcy reorganization filing into a Chapter 7 bankruptcy liquidation.[7] Saltchuk Resources decided to renew its bid to purchase the cargo division at the urging of U.S. Senator Daniel Inouye, and a deal between Aloha and Saltchuk was struck and approved by the federal bankruptcy court, where Saltchuk would purchase the cargo division for $10.5 million.[8] The sale was approved by federal Bankruptcy Judge Lloyd King on May 12, 2008, with the sale expected to close two days later.[9] Prior to its bid for Aloha, Saltchuk Resources was already present in Hawaii through its subsidiaries Young Brothers/Hawaiian Tug & Barge, Hawaii Fuel Network, Maui Petroleum and Minit Stop Stores. The company also owns Northern Air Cargo, Alaska's largest cargo airline. A new subsidiary, Aeko Kula Inc., was set up by Saltchuk to operate Aloha Air Cargo. On the May 15, 2008 the airline received its FAA and Department of Transport authority to operate as an independent airline.[10] [edit] Destinations[edit] United States[edit] Hawaii
Aloha Air Cargo Locations & Maps [edit] FleetAs of April 2008, the Aloha Air Cargo fleet consisted of the following aircraft:[11]
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