1 Apr 2008

Aloha Airlines declares bankruptcy after 60 years of serving Hawaii

11:07 am on 1 April 2008

Aloha Airlines, which has served Hawaii for more than 60 years, is closing down after declaring bankruptcy.

Its president, David Banmiller, says it ran out of time to find a buyer or secure new financing for its passenger business.

Aloha is negotiating with a U.S. firm to purchase the airline's cargo operations.