Kenai Aviation, one of the American airlines, ceases operations due to insolvency

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After 64 years, Kenai Aviation is ceasing operations in the state due to monetary difficulties, in accordance to 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 firm web site explaining the dire scenario. As knowledgeable by a information report in Alaska’s News Source.

In the letter, Caldwell states the firm is “financially insolvent,” 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 in a position to overcome.

“Carrying that burden increased the effects of every obstacle that we’ve had to navigate,” he wrote. “When our plane was grounded for maintenance and not being able to serve Unalakleet this summer, not only hurt a community that I love, it hurt 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 Interior. A connection between Kenai and Anchorage was a well-liked one.

Caldwell stated in the letter the upkeep of the firm’s airplane that usually flew to Unalakleet additionally proved to be a monetary blow.

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