Hawaiian: Still flying high
Posted: Thu 16 Dec, 2010 11:53 AM
Hawaiian Airlines is restructuring its debt and has paid off loans that were due next year. The carrier has secured an expanded line of credit worth US$75-million over the next four years.
Wells Fargo Capital Finance is said to be among those offering the line of credit. This will be secured by certain ground equipment, aircraft, spare engines and account receivables, as reported by eGlobal Travel News.
Hawaiian has 13-planes due to be delivered up to the end of 2015 and has added three Airbus A330-200 aircraft to its fleet this year. It is expected to begin receiving six extra-wide-body Airbus A350 aircraft from 2017.
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