FLIBOYZ
Topic Author
Posts: 196
Joined: Mon Sep 08, 2003 2:33 am

HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 3:58 am

Does anyone know if the bankruptcy judge granted HA another 30 day extension on their A/C lease payments?
 
ha763
Posts: 3168
Joined: Mon Jan 06, 2003 5:36 pm

RE: HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 6:50 am

This past Friday, the 5th, the new lease deal with ILFC was approved by the bankruptcy judge. The judge also granted another extension for talks with Boeing Capital. I believe there already is an agreement with Ansett Worldwide.
 
FLIBOYZ
Topic Author
Posts: 196
Joined: Mon Sep 08, 2003 2:33 am

RE: HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 10:35 am

Thanks Ha763. I didn't read it in any of the papers including any of the Honolulu papers. It usually is in there. Unless I overlooked it.

Aloha
 
ha763
Posts: 3168
Joined: Mon Jan 06, 2003 5:36 pm

RE: HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 12:04 pm

It was in Saturday's Honolulu Advertiser in the Buisness briefs section.

http://the.honoluluadvertiser.com/article/2003/Sep/06/bz/bz10a.html
 
FLIBOYZ
Topic Author
Posts: 196
Joined: Mon Sep 08, 2003 2:33 am

RE: HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 12:28 pm

Again Thanks Ha763. I definately overlooked this. I usually go online to read the Honolulu Advertiser daily. Or if I miss an issue I go to the back issues and read. How could I have missed it?

Happy contrails.

S
 
HAL
Posts: 1740
Joined: Tue Jan 15, 2002 1:38 am

RE: HA Getting Ok From Bankruptcy Judge

Mon Sep 08, 2003 4:50 pm

This new deal locks in the leases on all but three of our 767's. However Boeing (BCC) is the lessor on those threee and for all our 717's. Hopefully the deal will be done soon.

HAL
One smooth landing is skill. Two in a row is luck. Three in a row and someone is lying.

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