Hawaiian rescued

Hawaiian Airlines has completed a $20 million equity-for-stock deal with Airline Investors Partnership and related agreements with major creditor American Airlines to reschedule $10 million in deferred lease and maintenance payments, as well as agreeing with its employees to reduce costs by $5 million annually over four years.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now