honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser

Updated at 10:23 a.m., Monday, February 4, 2008

Hawaiian Airlines finalizes $4.4B Airbus purchases

Advertiser Staff

The parent of Hawaiian Airlines said it had successfully concluded labor talks that will allow it to go ahead with plans to acquire up to 24 Airbus long-range aircraft for $4.4 billion.

Hawaiian Holdings said it had signed a definitive purchase agreement under which it will acquire six A330-200 aircraft, six A350WXB-800 aircraft and gain purchase rights for another 12 aircraft. The jets will replace Hawaiian's current wide-body fleet of 18 Boeing 767-200 planes.

The airline had signed a memorandum of understanding with Europe-based Airbus in November, but subsequently said it had an impasse in negotiations with its pilot's union that might prevent the purchase from going forward.