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Business Briefs

Reported by Star-Bulletin staff & wire

Thursday, January 11, 2001


Hawaiian Air's new logo



Hawaiian Air logo gets 'mature' look

When Hawaiian Airlines Inc. takes delivery in March of the first new Boeing 717 for its interisland service, the entire 15-foot-high tail section will be covered with the airline's new logo, an update of "Pualani," the Hawaiian girl and flower that has served as the company's logo since late 1973.

Paul J. Casey, Hawaiian president and chief executive, said yesterday that the new Pualani shows a maturity gained through some hard times the airline went through and is "stronger and determined" to represent the airline's future.

All 13 of the 717s that will replace the DC-9 interisland fleet this year will feature the new logo, designed by Starr Seigle McCombs Inc. The current Pualani is much smaller on the tail sections of Hawaiian's jets than the new logo will be. The updated logo also will be featured on a new type of aircraft, not yet chosen, that Hawaiian will acquire to replace the DC-10s used on its long routes.

30-year mortgages below 7% average

WASHINGTON -- Mortgage rates declined this week with rates for 30-year and 15-year mortgages hitting their lowest levels in 21 months. The average interest rate on 30-year, fixed-rate mortgages fell to 6.89 percent, down from 7.07 percent last week, according to a survey released today by mortgage broker Freddie Mac. A year ago, the average rate on 30-year mortgages stood at 8.18 percent and was rising.

Fifteen-year mortgages declined to 6.49 percent this week, down from 6.74 percent last week. A year ago, 15-year mortgages averaged 7.78 percent.

One-year, adjustable-rate mortgages averaged an initial rate of 6.65 percent, down from 6.86 percent last week. Last year, one-year ARMs averaged 6.61 percent.





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