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Business Briefs

Reported by Star-Bulletin staff & wire

Tuesday, April 11, 2000

Cheap Tickets signs two car rental firms

Cheap Tickets Inc., the Honolulu-based national retailer of discount travel bookings, said it has signed partnership agreements with the Alamo and Avis rental car businesses, allowing the company to offer discounted cars along with airline tickets. Cheap Tickets is one of the largest online discount travel retailers in the world, offering roughly 400,000 discounted air fares through its Web site,, by telephone and through 12 retail offices nationwide.

Helicopter firm seeks Maui-Lanai service

KAPALUA, Maui -- Hawaii Helicopters is asking for changes in state and county regulations so it can establish commuter service between Kapalua-West Maui Airport and Lanai.

The company is proposing to offer helicopter flights at $29.37 each way for residents, and $56.25 each way for nonresidents. Hawaii Helicopters said it would use a twin-engine, 12-seat Sikorsky S-76 helicopter for the 10-minute flight. But for the service to start up, the state Department of Transportation would have to change a rule barring helicopters at the Kapalua airport. A county ordinance also would have to be amended to raise allowable noise levels.

Hawaii Helicopters officials also said they are considering eventually offering helicopter service between Kahului and Kapalua, and between Lanai and Molokai.

In other news . . .

Bullet NEWTON, Iowa -- Maytag Corp. said all of Home Depot Inc.'s home-improvement stores will sell its washers, refrigerators and other large appliances by year-end, dealing a blow to larger rival Whirlpool Corp. Home Depot, which originally agreed to carry Whirlpool's products, halted orders after the biggest U.S. appliance maker had problems making deliveries.

Bullet LONDON -- Chase Manhattan Corp., the third largest U.S. bank, is buying Robert Fleming Holdings Ltd., a British investment bank and asset management group, for $7.7 billion in cash and stock. The deal, announced today, would strengthen Chase's asset management and securities business.

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