Aloha Airlines and Kiritimati (Christmas Island), becoming the first airline to operate ETOPS approved B737s. In late 1986, Ching and vice-chairman Sheridan Ing announced plans to take the company private, and it remained in the hands of the Ing and Ching families until its emergence from bankruptcy in 2006, when additional investors including The Yucaipa Cos., Aloha Aviation Investment Group, and Aloha Hawaii Investors LLC took stakes in the airline. In 1987, the airline acquired Princeville Airways, renaming Aloha IslandAir, which became known as Island Air in 1995. In 2003, Island Air was sold to Gavarnie Holding and became an independent airline.
Ciao Ciao The word "ciao" (; ) is an informal salutation in the Italian language that is used for both "hello" and "goodbye". Originally from the Venetian language, it has entered the vocabulary of English and of many other languages around the world. Its dual meaning of "hello" and "goodbye" makes it similar to "shalom" in Hebrew, "salaam" in Arabic, "annyeong" in Korean, and "aloha" in Hawaiian. The word derives from the Venetian phrase "s-ciào vostro" or "s-ciào su" literally meaning "I am your slave". This greeting is analogous to the medieval Latin "Servus" which is still used colloquially in parts