HAWAIIAN AIRLINES, an important US regional carrier with a fleet of 11 Boeing 717 and 14 Boeing 767 is expected to emerge from Chapter 11 bankruptcy in early June more than two years after seeking protection from creditors. The airline, which has been in a financial limbo since March 2003, says that creditors will receive 100% of their claims and stockholders their full shareholding, virtually unknown when an airline has sought financial protection. The airline flies to Sydney, around the Hawaiian Islands, to most West Coast US cities and as far as Phoenix.
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