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Hawaiian’s Dunkerley not worried about Island Air competition

July 30, 2013 Destination Hawaii No Comments Email Email

Hawaiian Airlines President and CEO Mark Dunkerley isn’t worried about Island Air having an impact on Hawaiian Airlines’ business now that it’s owned by Oracle Corp. CEO Larry Ellison, who also owns 98 percent of the island of Lanai.

Dunkerley addressed the issue during the second quarter conference call for Hawaiian Airlines’ parent company, Hawaiian Holdings (Nasdaq: HA) on Tuesday.

“While we always felt in years gone by we had the better competitive situation in a pretty fragmented market, our competitive situation has improved over the last several years,” Dunkerley said. “We like our blend of service and costs and in an environment where people are interested in participating in a market and they have costs and revenues of their own, we are not worried about anybody being able to make money and have us lose money. We think we’re in pretty good shape.”

Ellison bought Island Air from Gavarnie Holding LLC in February for an undisclosed price. Ellison is rumored to also be purchasing interisland airline go! from Phoenix-based Mesa Air Group Inc.

Edited by : Bill Hurley

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