Hawaii airline tells pilots to return $4,000 bonus

HONOLULU (AP) — Pilots from Island Air were probably pretty happy when they got a $4,000 Christmas bonus — that is, until the airline wanted the money back.

The regional airline owned by billionaire Larry Ellison says it paid the bonuses prematurely in October.

The Honolulu Star-Advertiser reports that the company plans to take payroll action to recover the erroneous payment.

The bonuses went to about 45 pilots and amounted to less than $180,000.

The error stems from an agreement to pay bonuses before new planes arrived. However, the aircraft delivery was delayed.

Pilots who deposited bonuses into retirement plans will have those returned.

The bonuses may be restored when new planes arrive.

Honolulu-based Island Air has lost money in each quarter since Ellison bought the company in 2013.

___

Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

WTNH NEWS8 provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Also, you can now block any inappropriate user by simple selecting the drop down menu on the right of any comment and selection "Block User" from there.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s