Hawaii's second largest airline - Island Air - shut down permanently on Friday November 10 2017, after providing inter-island air service for 37 years. The airline filed for bankruptcy in October of 2017 and they made the decision discontinue all operations when they determined their financial issues could not be resolved. Island Air was founded in 1980 as Princeville Airways, it was purchased by Aloha Air in 1987 and renamed Aloha Island Air, and it was sold again in 2003 and renamed Island Air. At the time it shut down, Island Air was serving the Honolulu Airport on Oahu Island, the Kona Airport on Hawaii Island, the Kahului Airport on Maui Island, and the Lihue Airport on Kauai Island.