AIRLINES
From Times Staff and Wire Reports
Hawaiian Airlines’ Parent Company Seeks Stock Offering: HAL Inc. wants to issue more stock and restructure debt to stave off a possible bankruptcy filing, according to a company document. The company wants to increase the amount of common stock from 6 million shares to up to 16 million shares, according to proxy material for the company’s Aug. 28 shareholder meeting. HAL also proposes selling 1.1 million shares for $4 million to NWA Inc., the parent of Northwest Airlines.
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