Hawaii Island Air Island Air (Hawaii)

1 hawaii island air

1.1 ownership under gavarnie holding, llc
1.2 ownership under ohana airline holdings, llc
1.3 ownership under pacificap

hawaii island air
ownership under gavarnie holding, llc

dash 8-100 in livery introduced in 2006

in december 2003, announced gavarnie holding, llc purchase aloha islandair aloha airgroup, making island air hawaii s third largest independent airline. purchase completed on may 11, 2004, , company renamed hawaii island air, inc., although airline continued business island air . after purchase, island air expanded business, acquiring more aircraft , flying new routes.

in may 2008, island air awarded essential air service routes kansas city international airport joplin, missouri, grand island, nebraska, harrison, arkansas, , hot springs, arkansas did not announce specific starting dates. following month, however, airline withdrew contract after concluding mid-september startup date unrealistic, citing staffing , fuel costs.

on august 17, 2009, island air discontinued service hilo.

in 2012, dash 8 fleet began approach useful cycle life, airline reached out penair of alaska , wet leased single saab 340 turboprop aircraft 10 months.

on july 19, 2012, island air revealed new business model included complete image , brand overhaul. coincided arrival of airline s new atr fleet of turboprop aircraft in august. airline unveiled new website go alongside new brand , image launch.

on october 4, 2012, les murashige appointed company s new president , ceo replacing lesley kaneshiro.

ownership under ohana airline holdings, llc

atr 72 in 2014 livery

on january 10, 2013, island air announced company sold undisclosed buyer.

on january 18, 2013, oracle corporation ceo larry ellison, had acquired of island of lanai david h. murdock, reported buyer, though not confirmed airline @ time.

on february 26, 2013, sale ellison complete. same day, airline certified first atr 72, go service following day. ellison appointed paul casey, former ceo of hawaiian airlines , president of hawaii visitors , convention bureau company s new president , ceo.

on may 31, 2013, island air ended service kapalua/west maui airport, result of phasing out airline s dash 8 aircraft , atr 72 s inability land @ airport s short runway. in conjunction, service resumed kahului, maui on april 15, 2013.

in 2014, island air discontinued service ho olehua, molokai.

on september 3, 2014, in surprise announcement, island air appointed david pflieger, president , chief executive officer of fort lauderdale, florida-based silver airways assume roles of president , chief executive officer. effective october 1, 2014, pflieger replaced former hawaiian airlines ceo paul casey asked step down. prior silver, pflieger led highly successful turnaround @ fiji airways , former virgin america , delta air lines senior executive.

in december, 2014, airline announced due 6 quarters of prior losses under previous management, putting delivery of new q400 aircraft on hold , undertaking comprehensive re-assessment of fleet, network, , other aspects of business.

on april 29, 2015, island air announced eliminating honolulu service kauai beginning june 1 , reducing daily frequency more half on lanai route starting on date. airline announced cutting workforce 20 percent canceling delivery of new aircraft in short term airline works reposition second largest carrier in islands. these changes come after company cited record financial losses of more $21 million last year alone.

in september, 2015, island air began voluntarily reporting improved monthly , quarterly on-time performance , flight completion factor (80.4% , 99.2% respectively) current , potential customers can see how airline performing continues improve , position strong future hawaii’s alternative inter island airline.

on january 7, 2016, larry ellison s ohana airline holdings, llc announced planned sell controlling interest in island air pacap aviation finance , malama investments, 2 investment companies managed local investment firm, pacificap.

on february 8, 2016, following formal approval of transfer in ownership u.s. department of transportation, announced dave pflieger, joined ceo in october 2014 , presided on successful restructuring, turnaround, , sale, leaving island air work directly ellison in unspecified role , turning reins on les murashige, former island air executive, become president , ceo under airline’s new owners, pacificap llc.

ownership under pacificap

on january 21, 2016, island air announced plans restore service kauai beginning on march 15 after suspending flights in june 2015 due restructuring. airline stated approximately 32 airport-related jobs created , hinted expansion aren t done yet hopes re-enter other destinations island air served.

island air ended service lanai on march 31, 2016.

on april 14, 2016, island air announced plans restart service between honolulu , kona starting june 14 5 daily round-trip flights. last time island air served kona in december 2012. service restoration estimated create 25 new airport-related jobs. island air president , ceo les murashige stated hilo being evaluated.

on april 26, 2016, island air s ceo les murashige , coo rob mauracher stepped down posts. second time in 2 months island air had experienced reshuffling of senior management team. shortly thereafter, island air named david uchiyama new president , ceo.