Kenai Aviation suspends service, citing financial woes

Kenai Aviation, a vital regional airline in Alaska, abruptly ceases operations due to financial insolvency, leaving residents without air travel options. The company, co-owned by Joel Caldwell and Jacob Caldwell, had been struggling since the pandemic, with a grounded plane further exacerbating their financial woes. Despite being selected to operate essential air service routes, they were unable to secure the necessary capital or partners. The city is now working with remaining airlines to minimize disruption and explore new options for passenger flights. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.