New Pacific Airlines Fails, Impacting Alaska's Air Travel

New Pacific Airlines, a startup aiming to connect Alaskans to Asia and the Lower Forty-eight, has ceased operations due to funding losses. The parent company, FLOAT Alaska, also owns Ravn Alaska, which shut down earlier this year. New Pacifics international plans were hindered by closed airspace due to the Russia-Ukraine war and rent payment issues. The airport has regained ownership of renovated spaces and is seeking new tenants. 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.