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| Hilo, Hawaii News, Sports, & Information |
Thursday, September 2, 2010 |
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Back to Hawaii News index
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Posted: Sunday, January 30th, 2005 6:40 AM HST
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Hawaiian Air delays hearing in its bankruptcy case
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HONOLULU (AP) _ Hawaiian Airlines has delayed a hearing on its reorganization plan for a second time while it tries to reach contract agreement with unions representing its employees.
The postponement to February 22nd ensures that the company's Chapter 11 reorganization will extend into a third year. Hawaiian Air filed for bankruptcy protection on March 21st, 2003.
A hearing on a competing reorganization plan may still be held on February 8th.
The company's plan is being proposed by trustee Joshua Gotbaum, investment group R-C Aviation and the airline's unsecured creditors' committee.
(Copyright 2005 Associated Press. All rights reserved.)
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