Business Briefs
Reported by Star-Bulletin staff & wire
Thursday, May 2, 1996
Reported by Star-Bulletin staff & wire
Thursday, May 2, 1996
Aloha said jet fuel prices have jumped nearly 30 percent since the start of the year. Glenn Zander, Aloha's president, said the increases in fuel prices are the highest since the 1991 gulf war.
The fare increase will also apply to Aloha IslandAir, Aloha's sister airline. Tickets purchased before Monday will not be affected by the $2 increase.
Hawaiian Air said it has no immediate plans to announce a fare increase but is studying the issue.
Mahalo also is considering a fuel surcharge, which probably will be close to Aloha's $2 increase. However, Mahalo Vice President Doug Caldwell didn't know when it would go into effect.
The 16-member board will advise Clinton and Congress on steps the United States should take to achieve additional market access in the Asia-Pacific region.
It will focus on expanding U.S. trade and investment with the goal of better trade relationships in the region and the creation of a maximum number of high-wage jobs in the United States.
Creative Leisure International has packaged the trip to begin with a limousine ride from San Diego to Ensenada and an overnight hotel stay before the ship leaves. The ship will visit the Big Island, Lanai and Maui.
From Hawaii, the ship goes to Tahiti.
The purchase makes HFS, which has spent $1 billion on real estate purchases since August, four times larger than its nearest competitor, Re/Max International. HFS already owns Century 21 Real Estate Corp. and Electronic Realty Associates, or ERA.
HFS will pay $640 million in cash for Coldwell Banker and assume about $100 million of its debt.
In Hawaii, Coldwell Banker Pacific Properties is the state's largest real estate company with nearly one-fifth of the residential market.
From staff and wire reports