Business Briefs
Star-Bulletin staff & wire reports




Hawaiian's pilots oppose more cuts

Hawaiian Airlines' pilots union, unhappy about being asked for more concessions, has joined other groups in filing a motion opposing the company's reorganization plan.

The Air Line Pilots Association's Hawaiian Airlines unit, which agreed to $8 million in concessions last year, questioned in a filing why other groups in the bankruptcy case, such as creditors, shareholders and management, are not being asked for concessions.

Hawaiian Airlines trustee Joshua Gotbaum said the company needs new labor agreements in place to exit Chapter 11.

Other opposing motions have been filed by the Internal Revenue Service and a group that is proposing a competing reorganization plan.

BBB seeks entries for awards

The Better Business Bureau of Hawaii is accepting nominations for the 2005 Torch Awards for Business Ethics, which recognize companies for high ethical standards and excellent business practices.

Categories include business individuals, businesses with fewer than 100 employees and large businesses. There is no nomination fee and companies can nominate themselves.

More information is available at www.hawaii.bbb.org or by calling 536-6956. Nominations are due March 1 and winners will be announced March 23.

NAIOP wants award nominees, too

The local chapter of the National Association of Industrial and Office Properties is seeking entries for its 2005 Kukulu Hale Awards, which recognize those that have contributed significantly to the commercial real estate industry.

Entries can include new and renovated real estate projects and sales and leasing deals. All projects must have been completed since Jan. 31, 2003.

Entry portfolios are due March 4. For more information, call 845-4994.

Vegas to spend $1.3B on marketing

LAS VEGAS » Hoping to maintain its status as one of the nation's top tourist destinations, the Las Vegas Convention and Visitors Authority announced plans yesterday to spend nearly $1.3 billion to attract 5 million more visitors annually within the next five years.

The Las Vegas Convention Center will be expanded and improved at a cost of about $400 million to help the authority achieve its five-year initiative of attracting 43 million visitors a year to the city by the end of 2009.

Tourist officials said the city must compete with other major markets and continue with a successful and sexy advertising campaign to keep Las Vegas in the travel limelight.

Ralenkotter said reaching those goals will be difficult with the cruise industry, tribal casinos and other cities, such as Chicago, Atlanta and Orlando, Fla., trying to grab a slice of the lucrative travel market.

Intel quarterly sales hit record

Intel Corp., the world's biggest computer-chip maker, said fourth-quarter sales rose to a record, exceeding $9 billion for the first time as holiday-season demand for laptops fueled orders. Net income fell 2.3 percent to $2.12 billion, or 33 cents a share, from $2.17 billion, or 33 cents, a year earlier.

[Hawaii Inc.]



» First Hawaiian Bank has promoted eight employees to be senior vice presidents: Alan H. Arizumi, corporate Hawaii division manager; Michael A. Coates, transaction management department manager; John S. Fujimoto, audit division deputy general auditor; Keith H. Nagata, business section division manager; Carol M. Ono, operations research and development division manager; Guy J. Shindo, asset lending department manager; Craig T. Smith, real estate appraisal department manager; and Mark S. Taylor, financial services center manager.

» Helber Hastert & Fee, Planners Inc. has promoted Richard Quinn to senior associate. He previously served as a project manager and designer for Tongg, Clarke & Mechler. He has a a broad range of professional planning and landscape architectural experience.

» Morgan Stanley has promoted Lynne Kinney to vice president. She is a member of the Choy Kinney Wo Group, which specializes in financial planning, private wealth management and institutional accounts.

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