Aloha Airlines’ cargo operation, which employs 300 and transports 85 per cent of goods moving by air among the Hawaiian Islands aboard six 737-200Fs, reached agreement to be purchased by Seattlebased Saltchuk Resources for an undisclosed sum. The entity will be renamed Aloha Air Cargo and run by COO Michael Coffman, formerly senior VP-airline operations for Aloha. The airline declared bankruptcy and shut down its passenger services after 61 years at the end of March, but continued to operate its cargo division as it attempted to sell it off .