Hawaiian Airlines goes Chapter 11...

Aug 20, 2002
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Valhalla
www.usaviation.com
Yesterday Boeing Credit filed a motion with the judge to install a trustee to operate the airline.

Apparently the airline''s controlling shareholder accepted $30 mil from the feds for 9/11 and then began a stock buy-back, which put $25 mil in his pocket.

Then this guy went to Boeing Credit and demanded a 20% reduction in aircraft lease rates.

Amazing, eh?
 

AA191

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Sep 17, 2002
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Give Mark Dunkerley, new to the CFO position at HA a chance. Mark''s background in aviation should give HA a unique view I don''t believe they have had before. Mark comes on at a very pivotal time in HA''s history - many of the right things ar ein place with HA, no more DC-10''s, newer 767''s, give it a chance.
 

Phoenix

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Apr 16, 2003
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On 4/2/2003 9:45:08 AM whatkindoffreshhell wrote:

Yesterday Boeing Credit filed a motion with the judge to install a trustee to operate the airline.

Apparently the airline's controlling shareholder accepted $30 mil from the feds for 9/11 and then began a stock buy-back, which put $25 mil in his pocket.

Then this guy went to Boeing Credit and demanded a 20% reduction in aircraft lease rates.

Amazing, eh?



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The thievery conspired in corporate boardrooms is the death of the freemarket system. Who wants to buy stock when the mahogany men steal it? Anyone interested in being Enroned?

And then we have people actually try to tell us to give the new guys a chance? Why? We ain't seen nothing yet?

They must be part of the payout.
 

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