Southern Airways acquires Hawaii’s second-largest carrier - EcoFinBiz Blog

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Southern Airways acquires Hawaii’s second-largest carrier

HONOLULU — Southern Airways has acquired Mokulele Airlines, adding flights in Hawaii and California to the commuter airline’s portfolio.

The Honolulu Star-Advertiser reports Southern Airways announced Tuesday that it had bought Hawaii’s second-largest carrier in a deal that closed last week.

The airline did not disclose the terms of the deal.

The Big Island-based carrier serves 11 cities with 787 weekly departures on 15 aircraft.

With the acquisition, Southern Airways will serve 30 cities across five U.S. time zones.

Southern’s chief marketing officer Keith Sisson says Mokulele Airlines will continue operating under the same name and all employees will be absorbed.

He says the airline will consider adding new flights between Hawaii islands and to locations in the Essential Air Service program.

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Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com

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