Ravn's $12.3M bid wins PenAir at bankruptcy auction - KTVA

10/05/18


KTVA

Ravn's $12.3M bid wins PenAir at bankruptcy auction
KTVA
Ravn Alaska's owner held the winning bid on Friday to take over PenAir. Federal Judge Gary Sprake approved the sale of PenAir to Peninsula Aviation, owner of Ravn Alaska, for $12.3 million. Both airlines may now be owned by the same company, but they ...

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