The Bloomberg Honolulu Star-Bulletin Index is a price-weighted index designed to measure the performance of Hawaii-based companies. The index was developed with a base value of 100 as of December 31, 1999. A chart of the index which shows the weekly performance of its members is published weekly in the Honolulu Star-Bulletin.

---

---

Flying high

---

The parent of bankrupt Hawaiian Airlines led the Bloomberg Honolulu Star-Bulletin Index this week with a 22 percent gain in its shares to close at $7.20.

Hawaiian's bankruptcy trustee on Thursday endorsed a plan to bring the carrier out of Chapter 11 that would pay off all creditors in full and preserve the company's shares. The stock price of Hawaiian Holdings Inc. has grown seven-fold in the past year.

Big Island biotech Cyanotech Corp. trailed the index to close at $1.20, a loss of 3.2 percent.

---

SOURCE: BLOOMBERG NEWS STAR-BULLETIN GRAPHIC