Reported by Star-Bulletin staff & wire
Friday, March 7, 1997
Reported by Star-Bulletin staff & wire
Friday, March 7, 1997
Aloha Airlines today announced plans to expand inter-island cargo service with daytime flights. Aloha's cargo service
expanded to daytimeThe new service, two daily daytime flights from Honolulu to the neighbor islands, Monday through Friday, begins on Monday. Aloha says it carries about 70 percent of the state's interisland freight at night, using five Boeing 737-200QCs.
"We believe that, with the budding growth of Hawaii's diversified agricultural industry, the time is right for such service," said Glenn R. Zander, president and chief executive.
He said the day service will make it possible for freight from the mainland to reach neighbor islands on the same day. It also allows neighbor island produce to reach the mainland overnight, Zander said. The company has about 15 nightly cargo flights between Oahu and the neighbor islands.
ATLANTA -- United Parcel Service will soon begin delivering people as well as packages. UPS plans to start
passenger flightsUPS said yesterday it can convert its Boeing 727s in under four hours by loading a platform fitted with carpeting and seats through the extra-wide cargo doors. "They'll take out the package service on Friday and convert it to a passenger liner, and take it out for service again on Monday," UPS spokesman Mark Dickens said.
The weekend passenger flights are scheduled to start March 15. Each plane will seat up to 113 passengers. Flights must be booked through a cruise line or tour operator. Plans include flights from Chicago, Cincinnati, Pittsburgh, and Louisville, Ky., to Orlando, Fla., Puerto Rico, and Mexico.
NEW YORK -- ITT Corp. is selling its half of Madison Square Garden to seemingly help fend off hostile suitor Hilton Hotels Corp. ITT selling interest
in New York arenaITT said yesterday it will sell half of the Garden -- home to the New York Knicks, New York Rangers and MSG Network -- to partner Cablevision Systems Corp. for at least $650 million.
Selling the famed New York arena would let ITT focus on its main hotel and casino business, a move likely to be welcomed by shareholders. That could raise ITT's stock price and make the company too expensive for Hilton to purchase.
ITT declined to comment on whether the move was a reaction to Hilton's $6.5 billion, $55-a-share bid. But Hilton, which wants to combine its namesake hotels with ITT's Sheraton chain, said it welcomed the sale.
Hilton chief executive Stephen F. Bollenbach had targeted the Garden and the sports teams as incompatible with ITT's main business.
