Alaska's Kenai Aviation Halts Flights Due to Insolvency, Cites Pandemic Debt

Imagine an airplane company in Alaska that used to fly people to small towns.

This company, called Kenai Aviation, was doing a good job flying its planes, and people liked using it.

But, like many businesses, it borrowed a lot of money a few years ago, especially during the time when many people were sick (the pandemic).

It became too hard for the company to pay back all the money it owed.

Even though the planes were flying well, the company didn't have enough money to keep going.

So, the bank said it needed its money back, and the airline had to stop flying all its planes right away.

The owner is sad but hopes someone new might give the company money to fly again.