Hawaii Island Air, Inc., commonly referred to as Island Air, recently announced it will be closing operations for good as the carrier’s last flight was scheduled to take off this past Saturday, November 11.
As a result of this announcement, all Island Air passengers must now make alternative arrangements for inter-island transportation, according to a written statement released by the company.
Earlier this month, Island Air issued a statement announcing it was filing for Chapter 11 bankruptcy protection “in an effort to continue normal operations while navigating through legal challenges recently presented by the lessors of its aircraft.”
Island Air narrowed its 2017 first quarter loss while revenue continued to rise, making this the airline’s highest quarterly revenue since before 2013 when Island Air was required to begin reporting its financial data to the DOT due to the size of its aircraft, according to the statement.
In the second quarter of 2017, the airline earned $12.5 million in revenues, its highest quarterly revenue in more than a decade. In the first quarter of 2017, Island Air flew 172,200 passengers (more than double the previous quarter’s figure of 75,102).
“Island Air has taken every measure possible to avoid this tremendous hardship to its passengers,” said David Uchiyama, Island Air president and CEO. “Island Air appreciates the loyalty and support its customers, management, employees, and vendors have shown the airline, especially during the last few weeks of this bankruptcy process. Island Air is proud of its 37-year history of service to the state of Hawaii.”
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