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Flights to and from Alaska
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PenAir flies to many destinations including Anchorage, Aniak, Cold Bay, Dillingham, Dutch Habour, King Salmon, McGrath, Sand Point, St. George, St. Paul and Unalakleet. With a fleet of 5 Saab 2000s, 8 Saab 340Bs and 7 Saab 340B(Plus), PenAir currently serves 21 destinations in Alaska, as well as US mainland destinations in the Northeast, West Coast and Midwest.
PenAir are hoping for a way out of a tight spot. A federal bankruptcy judge approved another $1 million to PenAir, increasing their loan to outside creditor Debello Investors, LLC from $3.5 million to $4.5 million. In court, the airline's lawyer, Cabot Christianson, said PenAir doesn’t have enough money to get through the winter, saying March is its low point. Christianson also said that the added loan would get the airline company through the end of July.
PenAir declared Chapter 11 bankruptcy in August 2017. Chapter 11 allows the company time to reorganize before creditors can go after it. A few days later, the company shut down regional routes in Portland, Oregon and Denver. The airline expanded its reach to the Lower 48 in 2011, but bankruptcy paper work says the new hubs did not live up to expectations. PenAir used a federal program called the Essential Air Service to subsidize those flights. At the time, the company’s CEO, Danny Seybert, said the company would emerge from bankruptcy a stronger airline. Bankruptcy paperwork shows PenAir owes between $10 to $50 million to its creditors.
PenAir (KS, Anchorage Ted Stevens) has advised the US Department of Transportation that it will cease all unsubsidised routes operating at St. Paul, St. George and McGrath, Alaska, effective November 12, 2017. It has however indicated that it would be willing to continue the services, pending the approval of an Essential Air Services (EAS) grant.
The carrier currently provides services from each of the airports to Anchorage Ted Stevens, Alaska, aboard Saab 340B aircraft. No other carrier currently provides scheduled services at St. George, St. Paul or McGrath, leaving them eligible for EAS subsidies.
As previously reported, PenAir last week filed for Chapter 11 bankruptcy protection following heavy losses at its Denver Int'l and Portland Int'l, OR bases. It is now looking to cease all routes that it serves out of those airports. Regarding its bankruptcy, PenAir CEO and Chairman Danny Seybert said that it would allow the airline to emerge stronger.
"These steps will allow PenAir to seek subsidy from the DOT to continue to provide essential air service to these markets which we have been serving for nearly six decades," Seybert said in a statement to Alaska Business Monthly. "It would be our desire to continue to provide service in the routes we are currently serving within Alaska and today's DOT notice will help achieve that goal."
Anchorage Cold Bay
Anchorage King Salmon
Ted Stevens Anchorage International Airport
Ted Stevens Anchorage International Airport is a major airport serving Alaska and is the hub airport serving Alaska Airlines and PenAir. Other airlines which fly to and from this airport include American Airlines, Condor, Icelandair, JetBlue Airways, Sun Country Airlines, United Airlines and Yakutia Airlines.
Search and Buy PenAir Flights
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Browse the most popular PenAir flight routes to cities worldwide. Alternative Airlines can help you make reservations on PenAir for international flights to lots of destinations. Use the following list of routes to help you plan your next flight. Book PenAir flights on Alternative Airlines to save big! Alternative Airlines is an online travel agency, specialising in booking lesser known airlines and remote destinations.
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