Originally Posted by
Opakapaka
Hawaiian's later opposition to the merger had nothing to do with ATSB or losses as both airlines were bleeding. The primary reason was based on Hawaiian's opposition to Greg Brenneman and TurnWorks. Aloha wanted Brenneman. Hawaiian wanted their managers in charge of the merged airline.
As for whether everyone's better off now, well, Hawaiian folks ended up with a lot more seniority than Aloha folks who had to start over in 2008. Kudos to Hawaiian for hiring so many, but when you have people who were at Aloha 20+ years starting over as year 1 FO's it’s clearly one-sided
The problem with ignoring facts when you say things is that you lose all credibility. Please explain to the audience how a $77 million dollar profit can be described as "bleeding?"
https://newsroom.hawaiianairlines.co...around-in-2003
Exactly one airline was bleeding cash, and that's not my opinion, that's the opinion of the DOT and the SEC.
If you were on the Hawaiian BOD, would you let the managers who had created a smoking crater out of a once great airline slide over and manage yours? I didn't think so. 40 year old -200s and a couple of -700s and losing 80+million to an all-new fleet and running a profit post 9/11? They'd have been sued for lack of fiduciary responsibility to protect their shareholders.
Honolulu Star-Bulletin Business
Scroll down to the 2003 stat:
Aloha Airlines: From beginning to bankruptcy | The Honolulu Advertiser | Hawaii's Newspaper
Signing out on this one. You're forcing me to relive sad memories about friends going through hard times, but I couldn't sit here and let you misinform people unfamiliar with the historical facts.