Posted on: Wednesday, April 6, 2005
BUSINESS BRIEFS
Hawaiian tops in punctuality
Advertiser Staff and News Services
Hawaiian Airlines led the airline industry for February in punctuality, schedule reliability and baggage handling and ranked second for having the fewest consumer complaints to the U.S. Department of Transportation.
Hawaiian has led the country in on-time performance — measured by flights arriving within 15 minutes of schedule — since it began reporting statistics to the Department of Transportation in 2003. Last month, 96.1 percent of all Hawaiian flights were on time.
Daniel Kerrigan, a former managing director at UBS Securities Japan Ltd.'s hedge fund desk, will begin working for Prospect Asset Management Inc. as chief executive officer at the company's Hawai'i office on June 1.
Prospect, founded in 1994, has offices in Tokyo and Ho-nolulu. The firm runs its trading operations out of the Ho-nolulu office. Prospect has $1 billion in assets under management. Kerrigan, 42, worked at the brokerage unit of UBS, Europe's biggest bank, for the last 10 years.
Oceaneering International Inc. of Chesapeake, Va., yesterday was awarded a $150 million contract to provide technical services support for submarine safety and material work aboard Seawolf-, Los Angeles-, Ohio-, and Virginia-class submarines. About 20 percent of the work will be done at Pearl Harbor. The contract is expected to be completed by April 2010.
Local real estate firm Mary Worrall Associates has switched its affiliation with fine art auctioneers to represent Christie's International subsidiary Christie's Great Estates exclusively on O'ahu.
Art auctioneers typically maintain networks of independent real estate broker affiliates to promote and handle property sales around the world. Mary Worrall previously was an affiliate of Sotheby's International Realty, but said it recently declined a franchise offering after Cendant purchased the license to Sotheby's Realty.
Ex-UBS director joining Prospect
Oceaneering lands contract
Agency to work with Christie's
