Business Briefs

Reported by Star-Bulletin staff & wire

Monday, November 15, 1999

Hawaiian's traffic ascends 13.5%

Hawaiian Airlines Inc. carried 489,568 passengers last month, a 13.5 percent increase from 431,184 in October 1998.

Reporting combined figures for its interisland, mainland-Hawaii and Hawaii-South Pacific routes, the airline said its had 442.15 million revenue passenger miles last month, up 20.4 percent from 367.32 million in the year-earlier month. A revenue passenger mile is one paying passenger traveling one mile.

Hawaiian increased its passenger load factor, the percent of available seats that were sold, to 80.8 percent in October, up 4.3 points from 76.5 percent in October 1998.

State sponsors Vietnam delegation

A delegation of 28 business leaders from Vietnam will be in Hawaii Friday through Saturday, seeking to make contact with local businesses interested in developing partnerships and connections in Vietnam.

The leaders are coming at the invitation of the state Department of Business, Economic Development & Tourism and the Vietnamese-American Chamber of Commerce of Hawaii, which earlier this year took a business development mission to Vietnam. One-on-one appointments are being scheduled and there will be a $25-a-person social and networking function at 5 p.m. Friday at the Plaza Club. For information and bookings call DBEDT at 587-2766 or 587-2769 or send a fax to 587-2787.

Red Hat buying firm for $674 million

DURHAM, N.C. -- Red Hat Inc., maker of Linux computer operating systems that compete with Windows, is acquiring Cygnus Solutions for $674 million in stock. Cygnus, based in Sunnyvale, Calif., makes development tools that enable software to mesh with Linux, an increasingly popular platform for running the powerful computer servers that companies use for e-commerce, Web sites, internal networks and databases.

In other news . . .

Bullet PARIS -- French luxury goods group LVMH Moet Hennessy Louis Vuitton said today that it had bought Swiss watch maker Zenith International. Terms of the deal were not disclosed.

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