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The Honolulu Advertiser
Posted on: Tuesday, March 13, 2007

BUSINESS BRIEFS
Hawaiian flew 87.3 percent full

Advertiser Staff and News Services

Hawaiian Airlines said its airplanes were 87.3 percent full in February, down slightly from 87.7 percent the same month a year earlier.

The airline served 518,840 passengers during February, up 12.8 percent from a year earlier. Hawaiian also recorded 577 million revenue passenger miles in February, up 12.2 percent from a year earlier. Available seat miles totaled 661 million for the month, up 12.7 percent from the previous year.


FLOWER MARKS UH ANNIVERSARY

The University of Hawai'i College of Tropical Agriculture and Human Resources has named a new anthurium in celebration of the university's 100th anniversary. The cut flower and potted plant selection is named Centennial and commemorates a century of educational achievements, the university said.

The Centennial anthurium is a tulip-type flower, about 4.75 inches long and 2.5 inches wide, and is white with green stripes; the green coloration is expected to become more prominent as the flower matures.

The green and white colors are representative of the university's colors.


DEAL REACHED FOR 10 ISLAND RESORTS

Diamond Resorts LLC, a closely held developer and manager of vacation properties, has agreed to buy Sunterra Corp., including its 10 Hawai'i properties, for $325 million.

Diamond Resorts LLC will pay $16 a share and assume $375 million in debt, Sunterra said in a statement yesterday. Both Las Vegas-based companies said they expect to complete the acquisition during the second quarter of this year.

Sunterra has three resorts each on Maui and Kaua'i, and two each on O'ahu and the Big Island.


STARBUCKS BREWS OWN RECORD LABEL

SEATTLE — Starbucks Corp.'s push into entertainment moved further from the coffeehouse shelves yesterday as the company launched a record label based on its existing Hear Music brand.

The world's largest specialty coffee retailer said it would partner with Concord Music Group, which controls several other labels and helped Starbucks sell the Grammy-winning "Genius Loves Company," an album of Ray Charles duets.