Aloha to Aloha
Aloha Airlines, which has served Hawaii since 1946, has called it quits as of March 31st, leaving some passengers stranded. They blame recent competition from new rival GO! Airlines for their demise and also site high fuel costs, but Aloha was in financial trouble long before Go! entered the market. In fact the parent company of Go!, Mesa Airlines, considered buying either the bankrupt Aloha Airlines or it's major competitor, the also bankrupt Hawaiian Airlines, before ultimately deciding to start their own service.
Ultimately, the rising cost of fuel is at the root of airline problems today. ATA and Skybus also threw in the towel last week. It won't get any better folks, as rising world demand and flat oil production will continue to drive fuel prices up. No, the mythical "hydrogen economy" and corn or switchgrass ethanol aren't going to allow the fossil fuel party to go on either, no matter what soothing words or subsidies to big business (pork) the politicians may offer. If you aren't hip to that fact yet, please visit one my "Get Real" links such as The Oil Drum, and get up to speed.
Anyway, Aloha to Aloha Airlines. I hope Hawaiian and Go! can take up the slack for now so that Hawaii residents and the tourists who their economy depends on can continue to travel at least a while longer.