HAL Confirms Security Pacific Loan: HAL Inc.,...
From Times staff and Wire reports
HAL Confirms Security Pacific Loan: HAL Inc., parent of floundering Hawaiian Airlines, confirmed in a Securities and Exchange Commission filing that it received additional financing from Security Pacific Bank and said that $20 million of that is due Jan. 31. The money is due sooner if Hawaiian sells its leasehold interest in West Maui Airport. HAL also said that, in return for concessions, its flight attendants and pilots organizations have been given board seats.
