Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

December 23, 2002
PO-3717

Air Transportation Stabilization Board Issues Federal Guarantee
On Behalf of Aloha Airlines

The Air Transportation Stabilization Board today announced it has closed on a $45 million loan on behalf of Aloha Airlines.  The loan is backed by a $40.5 million federal guarantee issued under the Air Transportation Safety and System Stabilization Act and implementing regulations promulgated by the Office of Management and Budget.