Bankruptcy

Hope McKenney/KUCB

After RavnAir Group cancelled the auction process to sell off its assets earlier this month, a Southern California commuter flight service — FLOAT Shuttle — struck a deal with the bankrupt airline to buy the Part 121 federal operating certificates from Ravn-operated airlines PenAir and Corvus. 

Berett Wilber/KUCB

 

Alaska Seaplanes announced Tuesday it intends to relaunch passenger air service on routes formerly served by RavnAir Group, which declared bankruptcy earlier this year amid the COVID-19 pandemic.

Juneau-based Alaska Seaplanes had previously put in an offer to buy the Part 121 federal operating certificates from Ravn-operated airlines PenAir and Corvus — which allow scheduled service to rural hubs in the Aleutian Islands, Bristol Bay, and the Kenai Peninsula. 

 

Berett Wilber/KUCB

RavnAir customers received a surprising email in their inbox late last week. Titled "Help Save RavnAir Alaska," the email was a plea from CEO David Pflieger to tweet at President Donald Trump to reconsider Ravn for federal funding. 

The struggling airline filed for bankruptcy in early April, and was denied loans through the federal CARES Act last week.