Elliot St. Holdings did acquire WP's AOC, but there's nothing public about what they will actually do with it. Hawaiian Holdings wouldn't have created Elliot St. Holdings, funded (I'm told) the WP bankruptcy conversion from Ch.7 (liquidation) back to Ch.11 (reorg), created an entity that owned the AOC, dealt with all the creditors in Ch.11, and bought the entity that owned the AOC, unless HwnHoldings really wanted a second AOC.
https://www.bloomberg.com/research/stoc ... pId=131627 (bottom right, recent transactions)
My personal opinion: the choice of new ATR 72s for freight was driven by the ability to have EM fly them. Interisland cargo doesn't require hot turns, so HA could have chosen any freighter... but staffing a different type would have taken a months or years. Quick solution: acquire ATRs and outsource to EM.
TMK, all existing ATR freighters are P2F conversions, since the FX order for the ATR 72-600F type is ATR's first production freighter.
https://cargofacts.com/fedex-is-the-lau ... freighter/ATR 72-600F: seven LD3 containers, or five 88” x 108”, or nine 88” x 62” pallets
Speculation: Elliot St. quietly staffs up, brings the Ohana cargo ops in-house, then brings Ohana pax in-house. HA owns the Ohana by Hawaiian trademark, not HwnHoldings, Elliot St Hldgs, or EM.