ANCHORAGE, Alaska (AP) The largest rural airline in Alaska has declared bankruptcy and laid off more than a thousand workers but wants to award $250,000 in bonus money to its chief executive and other employees.
Anchorage-based RavnAir Group filed the request Tuesday in Delaware bankruptcy court, arguing that the bonuses are justified because of long hours and the hard work that went into selling the companys assets after it shut down during the coronavirus pandemic, Alaska Public Radio reported.
ADVERTISEMENT
The final sale of all the assets is expected to generate more than $55 million, exceeding what the company anticipated. Chief Executive Officer Dave Pflieger has already collected $1.4 million in salary, bonuses and expense pa…
Read the full article at: https://apnews.com/aa5c2ec6a2772ed24462b9ad793312b6
