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The Honolulu Advertiser

Posted at 1:08 p.m., Friday, July 15, 2005

BUSINESS BRIEFS
Hawaiian Air load factor dips in June

Advertiser Staff

Hawaiian Airlines' load factor dipped slightly in June but the airline still managed to fill 86.4 percent of its seats last month.

Hawaiian, which is among the industry leaders in load factor for scheduled service, said that last month's results compared with June 2004's 88.7 percent, which was tops in the industry. The airline's scheduled service improved in other categories including revenue passenger miles, available seat miles and number of passengers served.

Hawaiian Airlines shares closed at $4.25 today, unchanged from yesterday.



Russell Lau elected as Seattle bank director

Russell Lau, vice chairman and chief executive officer of Finance Factors, has been elected to serve as a director of the Federal Home Loan Bank of Seattle.

A veteran of 29 years in the banking industry, Lau directed a major restructuring effort for Finance Factors. His term as director for the Seattle Bank runs through Dec. 31 2006.

The Federal Home Loan Bank system is a cooperative of 12 regional banks with more than 8,000 members. The system was created by Congress in 1932 to facilitate the extension of mortgage credit.