BUSINESS BRIEFS
October slower for go! airline
Advertiser Staff
Startup interisland airline go! said its planes were 62.9 percent full in October, the lowest load factor since it launched service in June.
The airline noted it suffered service interruptions in October when several airports were closed by power outages following two Big Island earthquakes felt across much of the state.
The 60,466 passengers go! served in October was the lowest monthly total since June. The Mesa Air Group unit generated 13.5 million available seat miles and 8.5 million revenue passenger miles in October.
ML MACADAMIA INCOME DOWN
ML Macadamia Orchards L.P. said third-quarter net income fell 28 percent to $85,000 from the same period a year earlier when earnings were boosted by a favorable nut-price adjustment.
The Hilo-based company said revenue climbed to $4.3 million from $2.8 million in the 2005 quarter. Harvest for the three months ended Sept. 30 was 7.8 million pounds, or 78 percent higher than a year earlier.
In late October, ML Mac-adamia announced that it intends to purchase competitor MacFarms of Hawaii LLC. ML Macadamia, the world's largest grower of macadamia nuts, said it also intends to lease a nearly 4,000-acre macadamia orchard owned by a MacFarms affiliate.
MCCULLY CHOP SUI TO CLOSE SOON
Another old mom-and-pop restaurant, McCully Chop Sui, is calling it quits.
The roughly 50-year-old shop at the corner of McCully and King streets plans to close at the end of the year.
The Chinese restaurant over the decades had been run by various families, and the most recent owner, Chik Nung Lee, plans to close the business after his lease runs out next month in the James M. Chrones building built in 1948.
Moving into the space will be Mauna Kea Galleries, a retailer of collectible Hawaiiana curios based on the Big Island.
Mauna Kea Galleries, which was established in 1995 in Waimea and buys and sells items from old menus to furniture and vintage surfboards, plans to open in January.
