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Tuesday, September 11, 2012

Island Air Expands with 5 More Leased Airplanes

Island Air has announced that they will be leasing five additional ATR 42 turboprop airplanes to help expand their fleet. According to their press release, Island Air hopes to replace its entire fleet with new planes. Chief Executive Officer Lesley Kaneshiro stated, “These aircraft represent an integral part of our plan to deliver on our service commitment to the ever-increasing number of guests flying with us each day. It’s a very exciting time at Island Air as we have a lot to look forward to.”
The first two 46 seat ATR 42s will join the fleet by the end of this year. The additional three will come online by the summer of 2013. Current the airline offers 350 weekly flights throughout the state and has a total of 250 employees. Kaneshiro stated that new routes will be announced shortly and additional workers will be hired.
Source: Honolulu Star Advertiser, 9-11-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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