Purchase of Aloha Airlines "name" to Go Invalid

[Guest]

Ouch... Never piss a blogger off macuu222...(teasing)

If they ever bring back the Aloha Brand and Name... they better allow folks who had accumulated miles on that "Name" to reclaim their "lost" miles when the company went under.

Damon Tucker's Weblog

[Devany]

Safeway is STILL trying to unload Dominicks in Chicago!

I also used to love Alpha Beta when I lived in S. CA. Ralph's were also great when I was growing up. Now, not that great. This guy has a "buy and destroy" habit.

quote:

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Originally posted by Bullwinkle

ron burkle - dba yucaipa:

Investment History
1987: Food 4 Less grocery franchise of Kansas City acquired for $35 million
1989: Boys Markets acquired for $375 million
1991: Alpha Beta California supermarket chain acquired for $271 million
1994: Smitty's Phoenix-based supermarket operator acquired for $138 million
1994: Ralphs Grocery Co. Southern California supermarket chain acquired for $1.5 billion
1997: Ralphs/Food 4 Less merged with Fred Meyer
1998: Fred Meyer sold to Kroger for $8 billion
1995: Dominick's Chicago grocery store chain acquired for $750 million
1998: Dominick's sold for $1.85 billion to Safeway
1999: invests $3 million in GameSpy, and $25 million in Cyrk, Inc.
2004: TDS Logistics purchased by Yucaipa (according to TDS Logistics site[1])
2005: Yucaipa becomes the majority shareholder in Aloha Airlines in a $100 million bid to purchase the airline.

Aloha Airlines purchase
In February 2006, Aloha Airlines was taken into private ownership by Yucaipa Companies. After 61 years in business, passenger operations were suddenly shut down on March 31, 2008. Rising fuel prices, new competition for interisland travel, a tightening credit market, and dwindling interest by investors in the airline industry, were all cited as contributing factors.

Aloha's former owner, California-based Yucaipa Co. was the high bidder for the Aloha brand name in an auction held Dec. 2.
Yucaipa, in turn, reached a licensing agreement that would allow go! to fly under the Aloha Airlines banner for 10 years in exchange for a minimum of $6 million

thanks again to ron burkle for running aloha into the ground (and profiting by same)- in less than two years , let us hope he just keeps his business on the mainland. It has always been about liquidation not about buiness, hawaii or the airline

source: wikipedia/ honolulu advertiser

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Aloha au i Hawai`i,
devany

www.eastbaypotters.com
www.myhawaiianhome.blogspot.com

[Bob Orts]

Looks like the Judge ruled that based on the evidence, Mesa's attempt to buy the Aloha name from Yucaipa was actually a prior deal reached with the shareholder during Aloha's bankruptcy case. Ooohh, did Mesa forget about that provision??? Or is it as the Judge stated, Mesa is simply an untrustworthy, lying and slimy company, whose credibility is zero in the eyes of the courts, and they act the way they act because they are just bad?

[macuu222]

Yucaipa will appeal Aloha decision!

http://www.honoluluadvertiser.com/articl.../905230311