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Business Briefs
Reported by Star-Bulletin staff & wire

Thursday, January 31, 2002



Aloha Airlines recalling 70 furloughed workers

Aloha Airlines said it is bringing back about 70 of the 250 workers it furloughed in September, saying they are needed for airport jobs to comply with new security rules.

They are counter workers and others who help passengers get aboard their aircraft. The workers are members of the International Association of Machinists.

Earlier this month, Aloha said it would bring back all of its furloughed employees if they agreed to new contracts similar to those at Hawaiian Airlines but the two unions involved, the machinists and the Association of Flight Attendants, disagreed and the deal was not made.

CHART CEO named head of stock plan

Frieda S. Takaki, president and chief executive officer of CHART Rehabilitation of Hawaii Inc., recently was named president of the Employee Stock Ownership Plan Association -- Hawaii Chapter.

Nelson H. Koyanagi was appointed vice president of finance at CHART, overseeing computer systems and the company retirement plan in addition to financial aspects.

Takaki began working at CHART in 1983 as assistant general manager and was promoted to president and CEO in 1989, overseeing operations of Honolulu and Waipahu facilities.

She acquired CHART Rehabilitation of Hawaii from its original owners and transferred it into an ESOP company, saying, "ESOP gives employees a feeling of owning a piece of the rock."

Other new officers of the ESOP Association -- Hawaii Chapter include Richard S. Morris of Benefit Capital Financial Services, vice president-arrangements; Robert M. Taylor of Maui Divers of Hawaii Ltd., vice president-membership; James A. Rodin, vice president of Pacific Century Trust, treasurer; and Gregory M. Harness, Case Bigelow & Lombardi, secretary.

Koyanagi was president of Edward Enterprises for 12 years before joining CHART and previously was chief accountant for the East-West Center.

He earned a bachelor's degree in accounting from the University of Hawaii and a master's degree in business administration from Chaminade University. He later became a certified public accountant.

Times Market files notice of new owner with state

Times Super Market Ltd. has notified the state Department of Labor of its pending purchase by Quinn Supers Inc., a division of California-based PAQ Inc.

Times' sale to PAQ was announced last week.

The notice dated Jan. 29 says QSI will become owner and operator of all Times' assets as of March 1, that QSI will offer employment to all "existing active employees of Times," and that those workers would cease to be employed by Times on March 31.

According to the notice, the transaction affects 875 employees 13 store locations as well as administrative offices.





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