In March 2003, Hawaiian Airlines filed for Chapter 11 bankruptcy protection for the second time in its history. The airline continued its normal operations, and at the time was overdue for $4.5 million worth of payments to the pilots' pension plan. Within the company, it was suggested that the plan be terminated. As of May 2005, Hawaiian Airlines had received court approval of its reorganization plan. The company emerged from bankruptcy protection on June 2, 2005, with reduced operating costs through renegotiated contracts with its union work groups; restructured aircraft leases; and investment from RC Aviation, a unit of San Diego-based Ranch Capital, which bought a majority share in parent company Hawaiian Holdings Inc in 2004.
As one of the world's leading online travel agencies, Trip.com is here to help you plan the perfect trip. Whether you're going on holiday, taking a business trip, or looking to set up a corporate travel account, Trip.com is here to help you travel the world with cheap flights, discount hotels, and Chinese train tickets. Looking to find great travel deals or enjoy the biggest savings on your next trip? Trip.com has you covered. With our easy-to-use website and app, along with 24-hour customer service, booking your next trip couldn't be simpler. With Trip.com, quality travel services in over a dozen languages including English, Mandarin, Cantonese, Japanese, Korean, German, French, and Spanish are just a call—or click—away.