Posted at 12:11 p.m., Wednesday, March 1, 2006
Bankruptcy filings fall in February
Advertiser StaffThe number of bankruptcy filings in Hawai'i fell 77 percent last month to 57, according to figures released today by the U.S. Bankruptcy Court in Honolulu.
Through the first two months of the year, filings are down 81 percent. Bankruptcies statewide spiked last year in advance of a change in federal bankruptcy laws making it tougher and more expensive for people to erase debt.
Before last year, bankruptcy rates had fallen since 2001 during an economic expansion driven by strength in real estate, construction and tourism.
PUC to boost wholesale gas cap by nearly 7 cents a gallon
The maximum wholesale price for gasoline will rise nearly 7 cents a gallon Monday to $1.89 a gallon for regular on O'ahu, according to the state Public Utilities Commission.
That price excludes taxes and a retail mark-up. Hawai'i's gasoline price cap law sets a ceiling on wholesale prices, but does not regulate retail prices.
Hawaiian Airlines gets top DOT rating for January
Hawaiian Airlines in January was rated by the U.S. Department of Transportation as the nation's top airline for on-time service, fewest cancellations and baggage handling.
Hawaiian led in flight punctuality with 95.9 percent of its flights arriving on schedule, exceeding the industry average of 78.8 percent. Hawaiian also had no flight cancellations out of 4,140 total flights in January, and just 2.99 mishandled baggage reports for every 1,000 passengers.
Hawaiian also finished third in overall consumer complaints, with the DOT receiving just two complaints from the more than 486,000 passengers served in June.