Aloha Air Cargo

Last updated
Aloha Air Cargo
Aloha Air Cargo Logo.svg
IATA ICAO Callsign
KHAAHALOHA
FoundedJuly 26, 1946;77 years ago (1946-07-26)
(as Trans-Pacific Airlines) [1]
Commenced operationsMay 15, 2008;16 years ago (2008-05-15)
(spinoff from the collapsed Aloha Airlines)
AOC # TSAA174M [2]
Hubs Daniel K. Inouye International Airport
Subsidiaries Aloha Tech Ops
Fleet size4
Destinations9
Parent company Northern Aviation Services, Saltchuk
Headquarters Honolulu, Hawaii, United States
Key peopleBetsy Seaton (President & CEO)
Website www.alohaaircargo.com

Aeko Kula, LLC, DBA Aloha Air Cargo, is an all-cargo airline in the United States, headquartered in Honolulu, Hawaii, [3] [4] operating from a hub at Daniel K. Inouye International Airport. Formerly Aloha Airlines, it became an independent cargo operator following the closure of the passenger airline in 2008.

Contents

History

Aloha Airlines was formed in 1946 and expanded over the next few decades. It filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Hawaii in 2004 in an attempt to cut costs and remain competitive with other airlines serving Hawaii. Following approval of new labor contracts and securing additional investment from new investors, the airline emerged from bankruptcy protection on February 17, 2006. The airline filed for Chapter 11 bankruptcy protection again on March 20, 2008. [5] Ten days later, on March 30, 2008, Aloha Airlines announced the suspension of all scheduled passenger flights, with the final day of operation to be March 31, 2008. [6]

After the shutdown of passenger operations, Aloha and its creditors sought to auction off its profitable cargo and contract services division. Several companies expressed interest in purchasing Aloha's cargo division, including Seattle-based Saltchuk Resources, California-based Castle & Cooke Aviation, and Hawaii-based Kahala Capital (which included Richard Ing, a minority investor in the Aloha Air Group and member of Aloha's board of directors). [7] However, a disagreement between cargo division bidders and Aloha's primary lender, GMAC Commercial Finance, ended with the bidders dropping out of the auction. [8] Almost immediately afterwards, GMAC halted all funding to Aloha's cargo division, forcing all cargo operations to cease; at the same time, Aloha's board of directors decided to convert its Chapter 11 bankruptcy reorganization filing into a Chapter 7 bankruptcy liquidation. [8] [9]

Aloha Air Cargo Boeing 737-200C. Aloha Air Cargo (5712613006).jpg
Aloha Air Cargo Boeing 737-200C.

Saltchuk Resources decided to renew its bid to purchase the cargo division at the urging of U.S. Senator Daniel Inouye, and a deal between Aloha and Saltchuk was struck and approved by the federal bankruptcy court, where Saltchuk would purchase the cargo division for $10.5 million. [10] The sale was approved by federal Bankruptcy Judge Lloyd King on May 12, 2008, with the sale expected to close two days later. [11]

Prior to its bid for Aloha, Saltchuk Resources was already present in Hawaii through its subsidiaries Young Brothers/Hawaiian Tug & Barge, Hawaii Fuel Network, Maui Petroleum and Minit Stop Stores. The company also owns Northern Air Cargo, Alaska's largest cargo airline. A new subsidiary, Aeko Kula, LLC., was set up by Saltchuk to operate Aloha Air Cargo.

On May 15, 2008, the airline received its FAA and Department of Transport authority to operate as an independent airline. The airline went through a big transformation in the first two years of operation. The airline's first president, Mike Malik, rebranded the airline; launched a host of new products and services; and established "Aloha Tech Ops", the MRO division. During this time the airline won numerous awards and was named Hawaii's Cargo Airline of the year for 2008. [12]

Destinations

United States

Hawaii

California

Washington

Fleet

The Aloha Air Cargo fleet consisted of the following aircraft, as of August 2016: [13]

Aloha Air Cargo Fleet
AircraftTotal ActiveOrdersCargo
Capacity
Notes
Boeing 737-300F 342,900 lbs
Boeing 767-300F 31TBAOperated by Air Transport International. [14]


The airline fleet previously included the following aircraft (as of June 2014): [15]

Incidents

See also

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References

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  8. 1 2 Segal, Dave (2008-04-29). "Bidders drop out and funding halts". Honolulu Star-Bulletin . Archived from the original on 2008-05-06. Retrieved 2008-05-03.
  9. "Bankruptcy and Debt Relief".
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  13. "Global Airline Guide 2016 (Part Two)". Airliner World (November 2016): 37.
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Bibliography