honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser
Posted on: Saturday, January 13, 2007

BUSINESS BRIEFS
Hawaiian flights 84 percent filled

Advertiser Staff and News Services

Hawaiian Airlines said yesterday its planes were 84.2 percent full in December, down from 89.1 percent full the same month a year earlier.

Hawaiian said it served 556,660 passengers in December, which was up 10.3 percent from 504,735 in the year-earlier month.

Hawaiian's traffic results come after interisland airline go! said Wednesday its planes were 66 percent full in December. go! began operations in June.


SHIPPER EXPANDS SERVICE IN PACIFIC

Horizon Lines said it will begin new shipping service on Monday between the United States and the Federated States of Micronesia and the Republic of Palau under a subsidiary company.

Horizon Lines of Guam will offer service between Chuuk, Pohnpei, Kosrae, Yap and Palau and the United States. Shipments between the U.S. and Guam, Tinian and Rota will continue to be booked with Horizon Lines LLC.

For sailing schedules, rates and other information, visit: www.hlguam.com.


GUILTY PLEA IN HP SPYING CASE

SAN JOSE, Calif. — Federal prosecutors scored their first victory in the investigation of Hewlett-Packard Co.'s ill-fated boardroom spying probe yesterday when a low-level private investigator pleaded guilty to identity theft and conspiracy charges.

Bryan Wagner, 29, of Littleton, Colo., pleaded guilty to the two felony counts during his initial appearance in San Jose federal court. Wagner admitted to illegally obtaining Social Security numbers and other personal information to snoop on the phone records of journalists, former HP directors and their family members as part of HP's crusade to ferret out the source of boardroom leaks to the media.


DELPHI CLOSER TO BANKRUPTCY EXIT

NEW YORK — Delphi Corp. advanced in efforts to exit bankruptcy when a federal bankruptcy judge approved a complex equity plan that will inject up to $3.4 billion in the auto parts supplier.

Judge Robert Drain yesterday called it a "watershed event" as he approved a framework for approaching the remaining issues in the company's reorganization.


APPLE OPTIONS PROBE CONTINUES

SAN FRANCISCO — Federal investigators are still examining whether any of the accounting shenanigans at Apple rose to the level of criminal behavior, even though the company has cleared CEO Steve Jobs and all current executives of any wrongdoing in an internal stock options backdating probe.

Federal authorities are investigating the circumstances surrounding one award to Jobs for options on 7.5 million shares, an award that carried a false October 2001 date when it was actually approved in December of that year, The Wall Street Journal reported yesterday.