Aloha Airlines - The US Airlines
Transportation is considered to be the lifeblood of a business and it has also been observed as being so. The term is derived from the Latin Trans ("across") and portare ("to carry"). Today in this very fast changing world, the importance of transportation cannot be denied at any cost. Transportation is mainly carried out through Roads, Airways and Sea. Transportation through roads includes cycles, trucks, buses, cars etc whereas sea transport includes ships, boats submarines and many more. The fastest and the modern means of transportation are carried out by airways mainly through cargo planes and helicopter in case of short distances and long. Although, it is the most expensive means of transportation and is still most widely used around the world. There are a number of Airliners operating through out the globe and transporting goods and services and meeting business requirements. Publisher Ruddy Tongg founded Trans-Pacific Airlines (Aloha Airlines), a charter carrier, as a competitor to Hawaiian Airlines.
The airlines started its operations on July 26, 1946. At that time the total fleet consisted of a single World War II-surplus Douglas C-47 which took off from Honolulu to Maui and Hilo to finish the first ever flight schedule of the newly born company. In 1952, the airline showed a healthy profit of $36,410.12 and the company’s market share rose to thirty percent from ten percent mark in 1950. This was the same year in which the company changed its name to TPA-The Aloha Airline. In 1958, this airlines company changed its name again to Aloha Airlines when Hung WO Ching, a real estate developer who also had a sizeable stake in the airline, was elected as the new president of the company.
In 1961, Aloha Airlines reported to have become the second airline in the United States to operate on all-turbine fleet. The company launched a frequent flyer program by the name of Aloha Pass in 1983. Until 2006, the company remained in the hands of Ching family and after the company emerged from bankruptcy in 2006, new investors including The Yucaipa Cos., Aloha Aviation Investment Group, and Aloha Hawaii Investors LLC took stakes in the airline.
Soaring cost of fuel and other increasing costs put the company in to a defensive position. Economic recession in Japan in 2000, attacks of September 11, 2001, SARS panic in 2003 left Aloha Airlines with no other option but to file for bankruptcy protection in December 2004. The attempt was made to cut cost and stay competitive with major competitors and market players. These measures proved helpful and as a result the airline came out from bankruptcy protection in February 2006 but not for a very long time. In March 20, 2008 the company again filed the bankruptcy protection and within just ten days of the filing, Aloha Airlines suspended all of its scheduled passenger flights on March 30 and the very next day i.e., on March 31 the company ceased its major operations. This resulted in termination of about 1900 of the company’s 3500 workforce.
Later, the company was liquadated when Aloha's primary lender, GMAC Commercial Finance halted all fundings to the company’s cargo division, forcing all cargo operations to cease. This happened as a result of a brutal disagreement between its board of directors and GMAC. There are many websites available, on the internet, which have detailed information on different airlines including Aloha Airline which would help you to gather lots and lots of great information.
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