At this time, I had
met Ed Swofford, President of Aloha. Ed recently joined Aloha from Pan
Am. After several visits, he became interested in the MD-80s. Pete Economou
was still at Aloha; in fact, he was the number two man in the airline
behind Ed. Though I was friends with Pete and we socialized, he would
probably not forget the first go-around on delivery positions. It was
a long shot and Ed did want the aircraft. He knew Hawaiian was getting
the MD-80 and he felt he could use two aircraft.
We negotiated a Letter
of Intent, and they scheduled a board meeting in Honolulu to make the
decision. With the potential for another win at the meeting, Kim brought
Herb Depp, another Salesman, along to slide in and take credit. We lost,
and Herb left Aloha alone.
Pete stopped the purchase
of the MD-80. Even Ed could not overcome Petes power with the Board of
Directors. That was it, Aloha went on to become famous when the roof of
one of their aircraft came off and I continued to visit Hawaiian. Three
tries and you are out.
The most memorable
thing that did happen during this campaign was Dr. Hung Wo Chings remark
at a Finance presentation by MDFC, the Finance arm of McDonnell Douglas.
He looked at the slide on the wall and said he could get a better interest
rate from a pawnbroker. To say the least, it brought a chuckle to the
room, one to remember.
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