Yucaipa, AAIG To The Rescue
Aloha Airgroup, says it has signed a Letter of Intent with The
Yucaipa Companies, LLC (Yucaipa) and Aloha Aviation Investment
Group, LLC (AAIG) for a substantial equity investment in Aloha
Airlines pursuant to a Plan of Reorganization. The Agreement is
subject to U.S. Bankruptcy Court approval and other conditions.