Aloha Airlines Emerges From Bankruptcy

14 months after filing for bankruptcy protection, Aloha Airlines has emerged from bankruptcy with less routes and across the board pay cuts in place.

Thanks to a nearly $100 million debt and equity financing package, Aloha Airlines has emerged leaner, if not a bit wiser as it prepares to take on existing and new competition.

In addition to competing against long time rivals Hawaiian Airlines, Island Air, Aloha will soon be facing stiff competition from a Mesa Air Group airline, Go Hawaii.

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