FOR IMMEDIATE RELEASE
04/05/20

RavnAir Group today announced that due to the global COVID-19 pandemic and the
unprecedented loss of 90% of passenger revenue at all three of its airlines (RavnAir
Alaska, PenAir, and RavnAir Connect) it must, for the time being:
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Park all seventy-two (72) of its aircraft;  
Stop all operations; and  
Temporarily lay off all remaining staff until the company is in a position to cover
the costs of rehiring, resuming flights, and operating to the many communities it
serves throughout our State.  

These actions will allow the company to “hit pause” and await word on its Federal
CARES Act grant applications and other sources of financial assistance that will allow it
to get through the Coronavirus crisis and successfully restart operations.  
Ravn has been in contact with the CEOs of other air carriers around the State since last
Thursday, April 2nd to help them establish new or replacement air service wherever
possible, and it will continue those efforts during this uncertain period of time before
the company can resume its own operations.