New Pacific Airlines Shuts Down

Anchorage-based New Pacific Airlines has apparently canceled all of its flights and shut down for good.

View from the Wing obtained an email sent by CEO Tom Hsieh to employees on Wednesday notifying them that the company is going out of business.

“It is with a heavy heart that I’m announcing that we will be ceasing operations today,” Hsieh wrote. “Unfortunately, we are unable to continue to fund the losses in our business.”…

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