Tue Apr 29, 2:25 AM ET
HONOLULU - Aloha Airlines shut down its cargo division Monday because its primary lender decided not to provide further financing.
Aloha carries 85 percent of the state's interisland air cargo, including all mail to and from Maui and the Big Island.
Airline attorneys say GMAC Commercial Finance's decision to stop financing Monday came after two companies interested in buying the cargo division pulled out.
http://news.yahoo.com/s/ap/20080429/ap_ ... a_airlines
“The problem with socialism is that you eventually,
run out of other people’s money.” - Margaret Thatcher
So who's going to move the mail now? Hawaiian? Do they have the interisland fleet to handle it? The 717s don't really hold all too much cargo and they don't have any dedicated cargo planes. Seems like a problem......
Good question, they can always hire airlines to move the cargo, maybe United can re-route some larger aircraft to help, or Hawaiian can use the 767.Originally Posted by T-Bird76
It will increase cost, but, there are many options to move the cargo around, according to the article, it was profitable, so, somebody will figure a way to do it.
“The problem with socialism is that you eventually,
run out of other people’s money.” - Margaret Thatcher
Not dead yet:
Seattle-based company to buy Aloha Airlines' cargo operation
HONOLULU — The parent company of Hawaii's biggest interisland ocean shipper announced Thursday it had worked out a deal to buy Aloha Airlines' cargo operation, which shut down Monday. [Full Article]
Ladies and gentlemen, this is your captain speaking. We have a small problem.
All four engines have stopped. We are doing our damnedest to get them under control.
I trust you are not in too much distress. —Captain Eric Moody, British Airways Flight 9
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