Time to Jump ship from Hawaiian?
#254
Gets Weekends Off
Joined: Oct 2013
Posts: 232
Likes: 0
Sorry, the above numbers are wrong. The ATSB loan was $40 million in 2003 and the net loss was $43 million.
So that was a $83 million deficit year (on revenue of, what 200M?) and management's hail mary was the merger. What happened next? 2004 bankruptcy, Banmiller, etc.
I say again: With the merger, none of our friends from AQ would be in the left seat of an A330 deciding where they're having ramen in Osaka tonight. So please don't describe the few wise men who organized against the merger as having been fuelled by hate, they were looking two moves ahead and wanted at least one local carrier to survive. Heck, as a newish guy I sorta thought the merger made sense, but when the numbers became available there was no ignoring the facts.
So that was a $83 million deficit year (on revenue of, what 200M?) and management's hail mary was the merger. What happened next? 2004 bankruptcy, Banmiller, etc.
I say again: With the merger, none of our friends from AQ would be in the left seat of an A330 deciding where they're having ramen in Osaka tonight. So please don't describe the few wise men who organized against the merger as having been fuelled by hate, they were looking two moves ahead and wanted at least one local carrier to survive. Heck, as a newish guy I sorta thought the merger made sense, but when the numbers became available there was no ignoring the facts.
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
#255
Gets Weekends Off
Joined: Oct 2013
Posts: 232
Likes: 0
How soon you boys forget. None of us is immune from certain sad events, Just sayin. Time to move on and just go flying. Cheers
https://aviation-safety.net/database/record.php?id=20001223-0
https://aviation-safety.net/database/record.php?id=20001223-0
Last edited by Opakapaka; 03-19-2019 at 09:56 AM.
#256
Line Holder
Joined: Mar 2019
Posts: 46
Likes: 0
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
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
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.
#257
Gets Weekends Off
Joined: Jun 2015
Posts: 225
Likes: 0
Jeez H. Crimey!
OK. Aloha went out of business. Guys. IM SORRY. Over Half the HAL seniority list was NOT around when that happened.
I would also like to add that some of the best captains that I’ve flown with here, are former Aloha guys.
Can we F-ing drop it now? It’s over. Simple math. One carrier survived, the other didn’t. 99.9% of the time, the non-surviving carriers pilots if they get jobs, get HIRED at the other carrier at the bottom. It was not a merger.
Really Opakapaka... You have to go back almost 20 years to find ONE incident? Word on the street is that the FAA is considering re-naming the EMAS to “SWAMAS”. Not really an apples to apples comparison there. [/sarcasm] ;-)
Come on guys, put the hard feelings down. Seriously. I love you Aloha guys, you are awesome. Remember, over half of the seniority list was not on property when all of that crap happened. LET GO...
OK. Aloha went out of business. Guys. IM SORRY. Over Half the HAL seniority list was NOT around when that happened.
I would also like to add that some of the best captains that I’ve flown with here, are former Aloha guys.
Can we F-ing drop it now? It’s over. Simple math. One carrier survived, the other didn’t. 99.9% of the time, the non-surviving carriers pilots if they get jobs, get HIRED at the other carrier at the bottom. It was not a merger.
Really Opakapaka... You have to go back almost 20 years to find ONE incident? Word on the street is that the FAA is considering re-naming the EMAS to “SWAMAS”. Not really an apples to apples comparison there. [/sarcasm] ;-)
Come on guys, put the hard feelings down. Seriously. I love you Aloha guys, you are awesome. Remember, over half of the seniority list was not on property when all of that crap happened. LET GO...
Last edited by Hawaiian 5O; 03-19-2019 at 11:34 AM.
#258
Gets Weekends Off
Joined: Oct 2013
Posts: 232
Likes: 0
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.
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.

Hawaiian most recently went into Chapter 11 in March 2003. Why would a profitable airline go into Chapter 11?
Aloha’s first bankruptcy happened in December 2004.
And the objection wasn’t that Zander wanted to run the combined airline, but rather Greg Brenneman who along with Gordon Bethune was instrumental in turning Continental around.
In March 2003, Hawaiian Airlines filed for Chapter 11 bankruptcy protection for the second time in its history. The airline continued its normal operations, and at the time was overdue for $4.5 million worth of payments to the pilots' pension plan. Within the company, it was suggested that the plan be terminated.
We were also hiring furloughed Hawaiian pilots at Aloha. Why were they furloughed if they were so well off?
And no, they don’t have a monopoly on the sad times in that period.
#259
Gets Weekends Off
Joined: Oct 2013
Posts: 232
Likes: 0
Jeez H. Crimey!
OK. Aloha went out of business. Guys. IM SORRY. Over Half the HAL seniority list was NOT around when that happened.
I would also like to add that some of the best captains that I’ve flown with here, are former Aloha guys.
Can we F-ing drop it now? It’s over. Simple math. One carrier survived, the other didn’t. 99.9% of the time, the non-surviving carriers pilots if they get jobs, get HIRED at the other carrier at the bottom. It was not a merger.
Really Opakapaka... You have to go back almost 20 years to find ONE incident? Word on the street is that the FAA is considering re-naming the EMAS to “SWAMAS”. Not really an apples to apples comparison there.
Come on guys, put the hard feelings down. Seriously. I love you Aloha guys, you are awesome. Remember, over half of the seniority list was not on property when all of that crap happened. LET GO...
OK. Aloha went out of business. Guys. IM SORRY. Over Half the HAL seniority list was NOT around when that happened.
I would also like to add that some of the best captains that I’ve flown with here, are former Aloha guys.
Can we F-ing drop it now? It’s over. Simple math. One carrier survived, the other didn’t. 99.9% of the time, the non-surviving carriers pilots if they get jobs, get HIRED at the other carrier at the bottom. It was not a merger.
Really Opakapaka... You have to go back almost 20 years to find ONE incident? Word on the street is that the FAA is considering re-naming the EMAS to “SWAMAS”. Not really an apples to apples comparison there.
Come on guys, put the hard feelings down. Seriously. I love you Aloha guys, you are awesome. Remember, over half of the seniority list was not on property when all of that crap happened. LET GO...
Word on the street is that the FAA is considering re-naming the EMAS to “SWAMAS”
I posted that link cause someone posted the BUR incident.
As for the 150 AQ pilots hired since AQ’s demise I’m very happy they landed on their feet as well as I did. I know everyone of them. If you look back at my earlier posts I mentioned we can all exist. It seems some thin skinned guys got their panties a bit wet over the pic in Oak ops.
We all love the airline we fly for and that I would expect. But dude if you’re gonna lay one out on me, do the same for your Bro Fuzzball too.
Ok I’m exhausted. Time for a beverage 🥃. Cheers
#260
Line Holder
Joined: Mar 2019
Posts: 46
Likes: 0
1) That's exactly what the bankruptcy judge asked right before he, for the first time in US history, removed a sitting CEO from his position. Should you choose to avail yourself of news sources, you'll find it right there. It was publicly described as a stunt to renegotiate 767 leases with Boeing and failed, hence John Adams' removel from the company and getting sued by the SEC.
2) Because 3-1=2. 16 DC-10s at three pilots per at 6.5 crews per = 312. Same math for 767 = 208. Unless math is something else you don't believe in, 300-200=100 furloughs.
I can't believe I had to sign back on to explain this.
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