Hawai'i's first interisland service began in 1929
Advertiser Staff
November 1929: Inter-Island Airways begins Hawai'i's first interisland service.
Advertiser library photo • March 21, 1974
October 1941: Name changed to Hawaiian Airlines.
Former Miss Hawai'i Leinaala Teruya helped promote Hawaiian Airlines' "Pualani" logo, introduced in 1974. Hawaiian kept "Pualani" until 2001, when its current logo was unveiled.
1964: Businessman John Magoon becomes president after gaining majority ownership from Honolulu financier Harry Weinberg.
November 1982: Paul Finazzo becomes president and CEO.
October 1983: Hawaiian starts flying to the Mainland.
January 1985: Hawaiian becomes a subsidiary of HAL Inc.
September 1987: Developer Christopher Hemmeter offers to buy HAL for $100 million, or $50 per share, but pulls back after the October 1987 stock market crash.
1989: Peter Ueberroth and J. Thomas Talbot lead a group acquiring a controlling interest in HAL.
December 1990: Northwest Airlines announces it will buy 25 percent of HAL.
1990: HAL loses $121.3 million, believed to be the worst-ever loss by a Hawai'i company.
November 1992: HAL completes financial restructuring, canceling $135 million of debt. Talbot, Ueberroth and Northwest return most of their stock.
May 1993: Legislature approves $14 million loan guarantee for interisland airlines.
June 1993: Bruce Nobles takes over as chief of Hawaiian.
September 1993: Hawaiian files Chapter 11 bankruptcy with $325 million in debts and $125 million in assets.
September 1994: Hawaiian emerges from bankruptcy. The old "HAL" stock becomes worthless and is canceled.
June 1995: Stock of the "new" Hawaiian Airlines begins trading on the American Stock Exchange under the symbol "HA." Shares open at $1.62 and climb to $13.50 in the first three days of trading.
January 1996: John Adams' Airline Investors Partnership, a private New York investment group, buys 68 percent of Hawaiian for $20 million. Adams replaces Nobles as chairman. Nobles stays on as president and CEO.
February 1997: Paul Casey resigns as head of Hawai'i Visitors & Convention Bureau to take the job of president and CEO of Hawaiian.
September 2001: Terrorists use commercial airlines to attack targets in New York and at the Pentagon. Demand for travel drops, and airlines lose billions.
December 2001: Hawaiian and Aloha announce their intention to merge, saying a single carrier will be able to prosper in the market in a way the two could not. Greg Brenneman, a former Continental Airlines executive, was named to head the new airline.
March 2002: Hawaiian calls off the proposed merger with Aloha. Aloha president Glenn Zander says Hawaiian chairman John Adams wanted to run the new airline himself instead of letting Brenneman take over.
May 2002: Paul Casey resigns as president and CEO. Adams takes over the top management jobs.
September 2002: Aloha and Hawaiian receive federal approval for a controversial antitrust exemption, clearing the way for the two interisland carriers to coordinate capacity on interisland routes. The exemption is for one year.
October 2002: Hawaiian lays off 150 employees and reduces work hours for an unspecified number of part-time reservationists.
December 2002: Adams names Mark Dunkerley, a former executive of British Airways, as president and chief operating officer.
January 2003: Hawaiian ends interisland flight coupon program in an attempt to cut costs.
February 2003: Hawaiian asks pilots, flight attendants and mechanics for $15 million in wage concessions and seeks another $15 million in concession from creditors, including Boeing.
February 2003: Boeing Co. said Hawaiian asked for a "significant restructuring of its transactions." Hawaiian has $476 million in loans outstanding to Boeing.
March 2003: Hawaiian files for Chapter 11 bankruptcy protection for the second time in ten years.
