Ravn Air Group (Ravn Alaska) issued this statement:
J.F. Lehman & Company’s successful bid for PenAir’s assets was today approved by the court overseeing PenAir’s bankruptcy proceedings. As the owner of Ravn Air Group, J.F. Lehman & Co.’s acquisition of PenAir will protect a substantial majority of company jobs, ensure continuity of operations and service to all PenAir routes, and create stability and better travel opportunities throughout the state.
“We are thrilled with this outcome,” said Dave Pflieger, President and CEO of Ravn Air Group. “It is a win for all parties—our Alaska customers and communities, as well as PenAir and Ravn employees alike.”
PenAir will keep its current name and continue to operate as a separate company under a separate FAA certificate as a subsidiary of Ravn Air Group, which will now have a significantly enhanced ability to serve the state of Alaska.
“Both my father, founder of PenAir Orin Seybert, and I are pleased with the decision of the court today,” said Danny Seybert, PenAir CEO. “This is a win-win for our employee group, AND our friends and customers throughout rural Alaska.”
Earlier this week, J.F. Lehman & Co.’s bid was selected as part of a court-mandated auction of PenAir’s assets conducted by a court appointed Trustee. However, that selection required today’s formal approval from the U.S. Bankruptcy Court in Anchorage. Before becoming final, this purchase must also be approved by the U.S. Department of Transportation and Federal Aviation Administration.
“It is a testament to the strength and fortitude of PenAir employees and the hard work and commitment of all Ravn Air Group team members that JFL was able to pursue the acquisition of such a storied airline, which, like Ravn, has a rich history of serving Alaska,” Pflieger said. “We are all very excited about our collective future and working together toward a shared goal of providing the very best in safety, operational excellence, customer service, and employee pride throughout Alaska.”
Top Copyright Photo: PenAir (Peninsula Airways) SAAB 340B N677PA (msn 328) ANC (Joe G. Walker). Image: 912876.
PenAir (Anchorage) continues to expand in the “Lower 48”. The regional carrier has been selected to provide Essential Air Service (EAS) to three communities in Nebraska. The airline will launch service to Denver from Kearney, North Platte and Scottsdale replacing Great Lakes Airlines.
Previously the airline announced a major expansion from Portland, Oregon:
The airline also serves New England from Boston:
The airline originally started in Alaska:
Copyright Photo: PenAir also operates SAAB 340B freighters in Alaska. PenAir (Peninsula Airways) SAAB 340A (F) N662PA (msn 109) ANC (Michael B. Ing). Image: 925112.
Few Alaska Airlines flights have been affected by volcanic activity from Mount Cleveland, located west of Dutch Harbor, and Mount Pavlof, located near Cold Bay, Alaska. No Alaska Airlines operated flights have been canceled at this time.
PenAir, which operates an average of three flights a day for Alaska Airlines between Anchorage and Dutch Harbor, canceled six flights yesterday and two flights today after several low-level eruptions of Mount Pavlof. The Anchorage-based airline could cancel additional flights today pending reports from the Alaska Volcano Observatory and other state and federal weather agencies.
PenAir’s Alaska Route Map:
“While the impact these volcanoes have had on Alaska Airlines has been minimal, we will continue to closely monitor Mount Cleveland and Mount Pavlof for any changes that could affect service to Bethel, Adak or Dutch Harbor,” said Ben Minicucci, Alaska Airlines’ chief operating officer.
Alaska Airlines operates an average of 125 daily flights to 20 destinations throughout the state of Alaska, in addition to 686 flights throughout the Lower 48, Hawaii, Canada and Mexico.
In other news, the eastern division of PenAir will start twice-daily service between Boston’s Logan International Airport and Long Island MacArthur Airport (Islip) on July 25, 2013.
East Coast Route Map:
Copyright Photo: Rainer Bexten. SAAB 340B N675PA (msn 206) with harbor seals on the fuselage arrives at Anchorage in the old livery.