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Aloha Airlines and ALPA Reach Agreement

Aloha Airlines and the Air
Line Pilots Association Council 80 jointly announced today that
they have reached an agreement on a new 28-month contract that goes into
effect February 1, 2005 and runs through April 30, 2007. Council 80
represents 338 pilot members. The two parties have agreed not to release details of the new contract.

“I applaud our pilot workforce for their willingness to work with the
company to improve our competitive positioning during these challenging
times for our industry,” said David A. Banmiller, Aloha’s president and
chief executive officer. “Their action exemplifies the can-do spirit that
continues to prevail throughout this company’s 58-year history.”

“The Aloha pilots have the best interests of Aloha and the people of
Hawaii at heart,” said Captain David Bird, ALPA Council 80 Master
Executive Chair.

“We’re motivated to do our part in helping promote growth and
profitability for our members and our Company,” said Captain Richard
Bockhaus, lead negotiator for Council 80.