The publish Kenai Aviation, one of many American airways, ceases operations because of insolvency appeared first on TD (Journey Day by day Media) Journey Day by day Media.
After 64 years, Kenai Aviation is ceasing operations within the state because of monetary difficulties, in keeping with its proprietor.
The small airline based mostly in Kenai was the brainchild of Bob Bielefeld, who helped create the flying service in 1961, two years after he arrived in Alaska. The airline’s present proprietor, Joel Caldwell, took over in 2018 and wrote a heartfelt letter on the corporate web site explaining the dire scenario. As knowledgeable by a information report in Alaska’s Information Supply.
Within the letter, Caldwell states the corporate is “financially bancrupt,” citing the COVID-19 pandemic as a chief purpose for its cash issues. Caldwell wrote the airline had a “debt load” it hasn’t been capable of overcome.
“Carrying that burden elevated the consequences of each impediment that we’ve needed to navigate,” he wrote. “When our aircraft was grounded for upkeep and never with the ability to serve Unalakleet this summer time, not solely damage a group that I really like, it damage us financially too.”
The airline scheduled flights connecting a number of communities in Southcentral Alaska, in addition to Unalakleet in Western Alaska and Fairbanks in Inside. A connection between Kenai and Anchorage was a well-liked one.
Caldwell stated within the letter the upkeep of the corporate’s aircraft that usually flew to Unalakleet additionally proved to be a monetary blow.
The publish Kenai Aviation, one of many American airways, ceases operations because of insolvency appeared first on Journey Day by day Media.
