Hawaiian trustee Monahan quits

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HONOLULU -- Less than a month after taking the job to oversee Hawaiian Airlines' operations during its bankruptcy process, John Monahan resigned as trustee, citing "personal reasons."

The U.S. Trustee's office will select a replacement for Monahan, who said he would help facilitate a smooth transition.

"I have enjoyed my brief association with the people of Hawaiian Airlines and will miss the opportunity to be a part of what I'm confident will be a successful reorganization of the airline," he said.

Previously, Monahan guided department store Liberty House through bankruptcy. But he had no airline experience before becoming trustee on May 30, and Hawaiian's stock had plummeted in recent weeks.

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