Alaskas largest rural airline has declared bankruptcy, laid off more than 1,000 workers and is selling off its assets. But the company still wants to split $250,000 in bonuses between its highly-paid chief executive and other employees.
In a filing Tuesday in Delaware bankruptcy court, RavnAir Group said the bonuses are justified because of the hard work and long hours that Chief Executive Officer Dave Pflieger and the other employees put into selling the companys assets, after it shut down amid the COVID-19 pandemic.
Read full coverage of COVID-19 from Alaska Public Media
In the filing, Ravn said the final sale of all of the assets is…
Read the full article at: https://www.alaskapublic.org/2020/08/12/ravn-is-bankrupt-and-selling-off-assets-but-still-wants-to-give-chief-executive-a-bonus/
