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The future of Alaska’s $65 billion fund that pays every citizen around $2,000 a year is a major issue in the governor’s race

“Are you an Alaska resident who has received dividend payments from the Alaska Permanent Fund?” writes Richard Feloni for businessinsider.com. An issue both candidates agree is crucial to winning back trust in the state is how to strengthen the Alaska Permanent Fund dividend and ensure its long-term value.For the last 36 years, the majority of Alaskans have received an annual check of about $1,000 to $2,000 as part of the state’s ambitious and unique permanent fund.And when they choose their next governor on Nov. 6, they’ll be deciding the $65…

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Management shake-up at Alaska Air will bring layoffs

“A management shake-up is underway at Alaska Air, the parent company of Alaska Airlines and regional carrier Horizon Air” writes Seattle Times Aerospace for seattletimes.com. One manager, who asked not to be identified, said employees learned in an internal company webcast on Tuesday that the re-organization will result in about 100 layoffs.That includes pilots, cabin crew, gate agents, aircraft mechanics and engineers, operations center staff and employees working at call centers or airport lounges.Facing tough competition from Delta and Southwest, Alaska has also been challenged by the integration of Virgin…

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News Oil 

Future of Alaska oil check program weighs on governor’s race

“As it stands, the check will have to compete with schools, roads, troopers and other services paid using fund earnings” writes The Associated Press for seattletimes.com. While oil prices have moderated, fund earnings are expected to play an ongoing role in paying for government services.The fear some have is that politicians, once reluctant to tap fund earnings, won’t be shy anymore.Begich, a former U.S. senator, wants to put billions of dollars from fund earnings into the fund’s principal, where it can’t be touched.JUNEAU, Alaska (AP) — Tension over changes to…

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Alaska Airlines exec reveals how it’s going to add basic economy without repeating the mistakes of Delta, American, and United

“In essence, the Saver Fare and other basic economy offerings are discount fare classes within an airline’s economy cabin” writes Benjamin Zhang for businessinsider.com. The new discount fare is Alaska’s answer to the basic economy tickets that American, Delta, and United have introduced over the past few years.Alaska Airlines is set to launch a new discount ticket class by the end of 2018 called the Saver Fare.Saver Fare passengers can also pre-select seats, a feature other airlines do not offer when flying on basic economy.Confusion while using third-party online travel…

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The National Park Service’s proposal to ramp up hunting of wolves and bears in Alaska’s wildlife preserves is sparking tens of thousands of public comments asking the administration to scrap the proposal.

“The U.S. Fish and Wildlife Service reduced protective status for the bears earlier this summer” reports washingtonexaminer.com. The deadline for submitting one’s protests, or approval, of the new Park Service hunting program follows a federal judge’s order Thursday halting a grizzly bear trophy hunt in Yellowstone, which could presage trouble for the new Alaska proposal. Source: washingtonexaminer.com Share This:

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First Winter Storm Warning of Season Issued in USA…

“The National Weather Service in Fairbanks issued a winter storm warning for the northeastern Brooks Range for Sept. 1, 2018” reports weather.com. The first day of meteorological fall saw the first winter storm warning of the season in the U.S., specifically in the higher elevations of northern Alaska.This first winter storm warning of the season was issued in northern Alaska, for the northeastern Brooks Range, at elevations above 3,500 feet.The last winter storm warning in the U.S. was issued in June in Alaska . Source: weather.com Share This:

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FBI recovers flight data recorder from crash site

“Seattle FBI agents have recovered the flight data recorder and components of the cockpit voice recorder from the Horizon plane that was stolen and crashed by a 29-year-old airport worker on Friday night” writes Associated Press In for theguardian.com. In recorded comments to air traffic controllers, the 29-year-old Seattle-area resident had indicated he intended to crash the plane. Source: theguardian.com Share This:

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Alaska seafood industry braces for China tariff pain

“If the tariff war continues, she said, “What’s going to happen is China is just going to stop buying Alaska fish.”” reports businessinsider.com. Walker and U.S. Senator Lisa Murkowski have argued that Alaska’s seafood industry also deserves aid.For Alaska’s seafood industry, the timing could not be worse.Maroudas was part of the Alaska trade mission, and said the pitch about Alaskan food “resonated with the people.”. The results could be “devastating” to Alaska’s seafood industry, the state’s biggest private-sector employer, said Frances Leach, executive director of United Fishermen of Alaska, the…

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Alaska Air employee who stole plane that crashed in Seattle exposes aviation sector’s blind spots

“The theft of an Alaska Air Group turboprop plane by an employee whom authorities described as “suicidal” underscores a challenge in the aviation sector: Balancing access with security” writes Leslie Josephs for cnbc.com. The stolen plane crashed on an island in Puget Sound, killing the employee about an hour after he took off from Seattle-Tacoma International Airport. Source: cnbc.com Share This:

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Fifth body found in crashed Alaska plane; no body recovery planned

“ANCHORAGE, Alaska (Reuters) – A fifth body was found on Friday in the wreckage of an Alaska sightseeing plane that crashed near North America’s tallest peak, leaving no doubt the pilot perished with his four Polish passengers on the steep mountainside, authorities said” writes Midwest Communications Inc for 95kqds.com. After several weather delays, a second park ranger flown by helicopter to the crash site and lowered in a harness located the pilot’s remains. Source: 95kqds.com Share This:

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