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Tag: Ravn Air Group

Wheels Up: Ravn Will Return to the Skies Under New Ownership

Wheels Up: Ravn Will Return to the Skies Under New Ownership

by Tasha Anderson | Aug 27, 2020 | Monitor, Transportation

Ravn Alaska is operating under new ownership and preparing to get back in the air with a new leadership team: CEO Rob McKinney, President Tom Hsieh, Chief Compliance Officer Dan Kitchens, and Chief Financial Officer Jim Day, all of whom have years of experience in the aviation industry.

Ravn Air Group Successfully Sells RavnAir Alaska and PenAir

Ravn Air Group Successfully Sells RavnAir Alaska and PenAir

by alaskabusiness | Jul 9, 2020 | Monitor, Transportation

Approval for the sale of all twelve lots of Ravn Air Group assets was granted today at the final Bankruptcy Court hearing—including, in a last-minute turn of events, Ravn Air Group’s two Anchorage-based Part 121 passenger air carriers, RavnAir Alaska and PenAir.

Ravn Air Group Approved to Receive $31.6 Million in CARES Act Payroll Support Program Grants

Ravn Air Group Approved to Receive $31.6 Million in CARES Act Payroll Support Program Grants

by alaskabusiness | Jun 17, 2020 | Monitor, Transportation

Subject to Bankruptcy Court approval, the funds would be available to Treasury-approved bidders seeking to buy the entire air group in an upcoming Chapter 11 sale process.

RavnAir Group to Move Forward with Sales Process

RavnAir Group to Move Forward with Sales Process

by alaskabusiness | May 28, 2020 | Monitor, Transportation

Ravn Air Group has been approved by Honorable Brendan L. Shannon in the United States Bankruptcy Court for the District of Delaware to move forward with their proposed bidding process for the airline to sell all, substantially all, or a substantial part of its assets.

Ravn Air Picks Up PenAir

Ravn Air Picks Up PenAir

by Isaac Stone Simonelli | Jun 10, 2019 | Magazine, Transportation

The Ravn Air Group is launching a “new” PenAir, following the acquisition of PenAir’s assets by investment affiliates of J.F. Lehman & Company for $12.3 million.

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