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Business Briefs

Reported by Star-Bulletin staff & wire

Friday, December 15, 2000

Hawaiian Airlines' passengers increase

Hawaiian Airlines Inc. said it carried 497,144 passengers in November, a 3.4 percent increase from the same month last year.

But the percentage of seats occupied by paying passengers fell 1 percentage point during the month to 74.9 percent, the airline said.

For the first 11 months of the year, Hawaiian said it carried about 5.8 million passengers, a 10 percent jump from the comparable year-earlier period.

Maui airline expands Lanai, Oahu service

Pacific Wings Airlines Ltd. said today it has added new morning and afternoon flights to serve Lanai and both Kapalua and Kahului on Maui.

The Maui-based carrier is the only airline offering scheduled nonstop service from Maui to Lanai. Pacific Wings also has added an afternoon flight to link Lanai, Honolulu and Kahului.

The flights will cost the airline's standard $49 fare. Pacific Wings also serves Molokai and the Big Island and provides charter service to Kauai.

Consumer prices up 0.2% in November

WASHINGTON -- Consumer inflation edged up 0.2 percent in November as tamer energy costs and cheaper clothing prices helped to blunt the biggest jump in tobacco costs in seven months, the U.S. Labor Department reported today. Industrial output fell for the second month in a row.

The Labor Department's Consumer Price Index, the government's most closely watched inflation gauge, matched October's inflation, when prices also rose by a seasonally adjusted 0.2 percent. The "core" prices -- for goods other than food and energy -- rose by 0.3 percent.

Microsoft stock sinks after profit warning

SEATTLE -- Shares of Microsoft Corp. fell more than 11 percent today following a warning by the software giant that its second-quarter revenue and profits will be 5 percent to 6 percent lower than previous estimates due to a worldwide slowdown in computer sales. Microsoft's stock closed down $6.31 to $49.19 on the Nasdaq.





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