Regional Alaskan air carrier Kenai Aviation has ceased all operations effective immediately, citing financial insolvency. The Alaska-based airline, which provided scheduled and charter flights across Southcentral and Western Alaska, announced the shutdown Monday through a statement on social media.
Owner Joel Caldwell wrote that while Kenai Aviation had seen strong operations and full flights, the Alaskan air carrier was “financially insolvent.” The shutdown leaves customers with canceled flights and some communities without commercial service.
Long History, Recent Struggles
Founded in 1959 to support the Cook Inlet energy industry, Kenai Aviation was purchased in 2018 by Caldwell, an Alaska Airlines captain. The airline operated routes connecting Anchorage with Kenai, Homer, Valdez, Fa

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