New Pacific Airlines (7H, Anchorage Ted Stevens) has cut 130 jobs in its Ravn Alaska division, or about one-quarter of its workforce, according to a report from Alaska’s KTUU-TV.

In an email sent to employees, Rob McKinney, chief executive officer of Ravn Alaska and New Pacific Airlines, wrote that the company is not giving up but is not yet profitable, “despite our best efforts with schedules, pricing, and previous attempts at right-sizing.”

He added: “The hard truth is that we never really left oldco…

Source: ch aviation
Read more: US’s New Pacific Airlines reduces Ravn Alaska headcount