BUSINESS BRIEFS
Hawaiian passenger count up 26.2%
Advertiser Staff
Hawaiian Airlines, benefiting from the March 31 shutdown of Aloha Airlines, said its passenger count increased by 26.2 percent last month.
The state's largest carrier said it flew a total of 740,865 passengers in May, which was up from 587,017 in the year-earlier month.
Hawaiian, which expanded its interisland and trans-Pacific service as a result of Aloha's closing, said its planes were 85.7 percent full in May, which was down slightly from 86.6 percent in the same month last year.
MAUI LAND CEO TO RING NYSE BELL
David Cole, president and chief executive officer of Maui Land & Pineapple Company Inc., will ring the closing bell of the New York Stock Exchange tomorrow to mark the recent transfer of the company's stock listing to the NYSE from the American Stock Exchange.
Maui Land & Pineapple's stock began trading on the NYSE April 2. Tomorrow's ceremony was scheduled to coincide with Kamehameha Day celebrations in Hawai'i.
Maui Land & Pine, a business dating to 1909, has been publicly owned since 1969 when shares of its stock were listed on the AMEX. The company has a market capitalization of about $224 million and 8.2 million shares outstanding. Its shares closed down 55 cents yesterday at $27.35.
ALOHA AIR ITEMS ON AUCTION BLOCK
Desks, cabinets and other office furnishings from Aloha Airlines will be auctioned Thursday at the defunct carrier's former offices in Restaurant Row.
Items will be available for inspection from noon to 2 p.m. today and tomorrow, and from noon to 1 p.m. Thursday on the fourth and fifth floors of Restaurant Row's Tower 2. The auction will start at 1 p.m. Thursday.
For more information, visit www.mcclainauctions.com.
PARADE OF HOMES ENTRIES SOUGHT
The Building Industry Association of Hawaii is seeking entries for its annual Parade of Homes, a showcase of what residential developers are building around the state.
The deadline for entries is July 11. This year's event will be held Oct. 11-12 and 18-19.
Developers and contractors may enter single-family and multi-family homes, town homes, high-rises, units in vacation ownership projects and condominium conversions.
Developers that have already entered the 2008 BIA Parade of Homes include Castle & Cooke Homes Hawaii Inc.; D.R. Horton, Schuler Division; Gentry Homes Ltd.; Haseko Homes Inc.; Royal-Clark Development Co.; and Stanford Carr Development LLC.
For more information and to obtain a BIA Parade of Homes entry form, contact Karen Winpenny at 847-4666, ext. 201 or e-mail kkw@biahawaii.org.
CONTRACT RALLY AT HALE KOA TODAY
Unionized workers at the Hale Koa Hotel will rally today to encourage the hotel to come to an agreement on a new contract.
The workers voted nearly two years ago to be represented by UNITE HERE Local 5. Last August, an attempt to decertify Local 5 as the union representative was overwhelmingly rejected by the employees.
Despite the vote, the employees continue to work without a contract. Hale Koa is owned and operated by the U.S. Army.
Tomorrow, workers will rally from 4:30-5:30 p.m. in front of the Waikiki property. Contract negotiations are scheduled to resume June 18.
