Two constant, non-flashing, red lights separated by 30 degrees tracked in tandem W to E at altitude of 4000+'.2 ruby-red and steady lights observed moving W to E over the Pailolo Channel between islands of Maui and Molokai at altitude in excess of 4000' as evidenced by being observed through a broken deck of clouds at referenced altitude. Lights were first observed about 40 degrees above horizon and were separated by about 30 degrees, maintaining a consistent distance between them as they tracked Eastward. Lights simultaneously and abruptly turned to the North and disappeared, simultaneously, from view in clear skies. Lights were observed through 8 x 50 binoculars and what may have been a fuselage illuminated by the red lights may have been observed. Lights were constant, no standard port/starboard aircraft running lights were observed. Lights tracked in an area different from normal inter-island air carrier routes.