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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 27, 1997
HAWAIIAN AIRLINES, INC.
(Exact name of registrant as specified in its charter)
HAWAII 1-8836 99-0042880
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
3375 Koapaka Street, Suite G350
Honolulu, HI 96819-1869
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (808) 835-3700
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ITEM 5. OTHER EVENTS.
A copy of Hawaiian Airlines, Inc.'s (the "Company") press release
dated February 27, 1997, announcing the resignation of President and
Chief Executive Officer, Bruce R. Nobles and the appointment of Paul
J. Casey to succeed him, is filed as an exhibit to this Current Report
on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Exhibit 99.1 Press Release dated February 27, 1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HAWAIIAN AIRLINES, INC.
Dated: March 4, 1997 By /s/ JOHN L. GARIBALDI
--------------------------------
John L. Garibaldi
Executive Vice President-Finance
and Chief Financial Officer
(Principal Financial and
Accounting Officer)
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EXHIBIT 99.1
ON HAWAIIAN AIRLINES LETTERHEAD
FOR RELEASE Contact: Keoni Wagner
Thursday, February 27, 1997 (808) 838-6778
HAWAIIAN AIRLINES ANNOUNCES NAMING OF PAUL J. CASEY
AS NEW PRESIDENT AND CEO
HONOLULU -- Hawaiian Airlines, Inc. (ASE and PSE: HA) Chairman John W. Adams
today announced the resignation of Hawaiian Airlines President and Chief
Executive Officer Bruce R. Nobles and the appointment of Paul J. Casey, current
president and chief executive officer of the Hawaii Visitors and Convention
Bureau and a career airline executive based in Hawaii, to succeed him.
Casey brings to Hawaiian a career-long focus on Asia/Pacific air travel
sharpened through his extensive experience with Continental Airlines and the
former Pan American World Airways. "Paul Casey's knowledge of the key Hawaii,
Pacific and Asia markets, together with his understanding of the challenges
facing large airlines today, make him the ideal person to lead Hawaiian into the
future," Adams said.
From 1985 to 1994, Casey served in several executive positions at Continental,
including vice president-International Division; vice president-Pacific/Asia;
and chairman, president and CEO of Continental Air Micronesia. Prior to joining
Continental, he served from 1977 to 1984 in management positions throughout the
Pacific for Pan Am. Highlights of Casey's career include the expansion of
Continental's presence in the Australia and Japan markets, and adding
Continental routes to Korea, Taiwan and the Philippines. He also was
instrumental in guiding Continental's increased presence in the U.S. West Coast-
Hawaii market.
"Paul's arrival represents the beginning of a new era of opportunity for
Hawaiian, as we continue to grow and position the airline as the flagship
carrier to one of the world's most popular travel destinations," Adams said.
"Of course, this opportunity would not exist without the tremendous
contributions of Bruce Nobles, who engineered our emergence from bankruptcy and
guided the airline to renewed profitability. The board is grateful to Bruce for
his many accomplishments at Hawaiian and we wish him continued success in his
next challenge."
"With Hawaiian back on solid financial footing, I am satisfied that we have
accomplished all we set out to do when I joined the company in 1993," Nobles
said. "After an extensive search, John Adams and I believe that Paul Casey is
the right individual to lead this company into the next century. Paul is a
respected airline professional and a dynamic leader who will bring added
vitality to our vision for
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Hawaiian as Hawaii's flagship airline. I am confident putting Hawaiian
Airlines in the capable hands of Paul Casey."
Casey said, "Thanks to the efforts of Bruce Nobles and all the employees of
Hawaiian Airlines, the company's prospects have never been brighter. I am truly
excited to be joining the company at such a dynamic point in its proud, 67-year
history. Our mission will be to continue to build on Hawaiian's positioning as
our region's carrier of choice, and to be a leader in Hawaii's efforts to
anticipate and meet the challenges that affect travel to our state."
Nobles joined Hawaiian as president and chief executive officer on June 10,
1993. He led the company through a successful year-long Chapter 11
reorganization in 1993 and 1994, and he restored the airline's profitability by
restructuring the airline's fleet, route structure and labor agreements. More
recently, he directed a series of equity investments and offerings that
generated nearly $60 million in new capital for the company.
Under Noble's direction, Hawaiian has been among the more active airlines in
building strategic marketing relationships with other carriers. The company now
participates in cooperative marketing programs with American Airlines, Northwest
Airlines, Reno Air, American Eagle/Wings West and Hawaii commuter carrier Mahalo
Air.
Hawaiian Airlines, founded as Inter-Island Airways, introduced the first
scheduled air transportation in Hawaii on November 11, 1929. Now the nation's
12th largest airline, it provides scheduled and chartered air transportation of
passengers, cargo and mail among the islands of Hawaii and between Hawaii and
five U.S. West Coast gateway cities and two destinations in the South Pacific.
Additional information on Hawaiian, including previously issued company news
releases, is available on the Internet via the airline's Web site at
HTTP://WWW.HAWAIIANAIR.COM.
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