Reported by Star-Bulletin staff & wire
Monday, March 26, 2001
Hawaiian, attendants OK tentative contract
Hawaiian Airlines and the union representing its 895 flight attendants have reached a tentative agreement on a new 42-month labor pact, according to a joint announcement today by the airline and the Association of Flight Attendants.Terms of the agreement, which is subject to ratification by the union members, were not disclosed. But Paul J. Casey, Hawaiian Airlines vice chairman and chief executive officer, said the pact provides for "substantial pay increases."
Union spokeswoman Sharon Soper said in the joint statement that the agreement is "a significant step forward in providing a more secure future for Hawaiian's flight attendants." Hawaiian earlier reached agreement with its pilots, through the Air Line Pilots Association, on a 42-month contract that went into effect Jan. 1. The airline is still in negotiations with its three other unions, the International Association of Machinists, the Transport Workers Union and the Communications Workers.
San Jose still tops list of U.S. housing prices
Housing prices in San Jose, Calif., are still far ahead of most other cities nationwide, according to the latest Runzheimer International real estate report. San Jose was the biggest gainer by far in market values nationwide, increasing by 101 percent over six years.In the Honolulu metropolitan area, where housing prices have dropped 14.1 percent over six years, the selling price for an eight-room, 2,200-square-foot home is $403,600, the report said.
The same home in San Jose now sells for $860,000.
In other news . . .
SAN ANTONIO, Texas >> Tesoro Petroleum Corp., which has oil refineries in Alaska, Hawaii, and Washington, expects first-quarter per-share profit of as much as 50 cents, beating analysts' estimates, as the company makes more gasoline and sells it at higher prices than expected.