Air Transport World

Hawaiian Airlines. (North America Report).(John Monahan managing during reorganization)(Brief Article)

Hawaiian Airlines is being managed by former Liberty Group President and CEO John Monahan--an outsider appointed by the bankruptcy court--during its Chapter 11 reorganization. In acceding to a request by Boeing Capital Corp. that a trustee be named to run the airline, US Judge Robert Farris ruled that controlling shareholder, Chairman and CEO John Adams "consistently placed the interests of [Hawaiian's] shareholders ahead of the interests of its creditors. …

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