A California company’s purchase aims to put a critical Alaska air carrier back into service
FLOAT Shuttle bid $8 million for the FAA certificates for RavnAlaska and PenAir. Meanwhile existing Alaska carriers bought assets of RavnAir Connect, which serves the state's smallest communities.
A southern California airline company that catered well-heeled commuters wanting to avoid traffic-snarled highways has bought a large portion of a bankrupt Alaska airline that serves communities in far-flung northern regions completely off the road system.
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