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Alaska taps cherished oil fund to pay state expenses

“ANCHORAGE, Alaska (Reuters) – Alaska will dip into its cherished oil wealth fund to pay for state government operations for the first time since the fund was set up in the 1970s” writes Midwest Communications Inc for 95kqds.com. The decision to use the fund money prompted ratings agency Standard and Poor’s to raise its outlook for Alaska from negative to stable last week.In recent years that dividend – known as the Permanent Fund Dividend (PFD) – has dwindled and a budget veto by Walker in 2016 halved the payout to $1,022.The…

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Construction planned to prepare Alaska’s Arctic refuge for oil drilling

“ANCHORAGE, Alaska (Reuters) – The Trump administration said on Thursday it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation’s biggest wildlife park” writes Midwest Communications Inc for 95kqds.com. The Trump administration is pushing for an oil lease sale in the refuge to be held as early as next year. Source: 95kqds.com Share This:

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Companies take first steps to drill for oil in Arctic National Wildlife Refuge

“The seismic permit application has been filed by Kuukpik Corp., a joint venture of SAExploration, the Arctic Slope Regional Corp. and the Kaktovik Inupiat Corp” writes Steven Mufson Covers for washingtonpost.com. But the proposal for seismic work included two 150-strong teams of workers, airstrips, giant sleds, and explosives to search for and map underground oil or natural gas reserves.Still, SAExploration said in the permit application that it could deploy improved technologies. Source: washingtonpost.com Share This:

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Alaska Airlines again tops passenger satisfaction rankings among traditional air carriers

“Alaska Airlines, in ever-tighter competition with Delta Air Lines, held on for the 11th year in a row to its top ranking among traditional North American carriers in the annual J.D. Power passenger satisfaction survey” writes Dominic Gates for seattletimes.com. These airlines actually had higher passenger satisfaction scores than the traditional carriers.Alaska Airlines held on for the 11th year in a row to its top ranking among traditional North American carriers in an annual passenger satisfaction survey, with Delta Air Lines close behind in second place.North American airlines today generally…

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Alaska Air alters routes and slows plans for growth

“Alaska Airlines and its regional Horizon Air subsidiary have deferred some jet deliveries to rein in growth” writes Seattle Times Aerospace for seattletimes.com. Alaska Air Group’s fleet will grow 6.5 percent this year after an average growth rate of between 7 and 8 percent per year over the past two decades.Alaska Air Group is slowing the growth of its fleet and shifting some planes from busy but unprofitable Pacific Northwest routes as it grapples with financial and competitive pressures.Alaska Airlines and regional subsidiary Horizon Air are deferring a total of…

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US F-22s intercept Russian strategic bombers flying in international airspace near Alaska

“American F-22 jets intercepted two Russian strategic bombers dispatched to the air-defense zone near Alaska on Friday, US Northern Command said” writes Bill Gertz for businessinsider.com. The Russian bombers, which are nuclear-capable, did not enter sovereign US or Canadian airspace, he added.Alaska is the location of the Pentagon’s strategic missile defense interceptor base at Fort Greely, Alaska, about 100 miles southeast of Fairbanks.In June 2012, Russian bombers practiced simulated missile strikes on US missile defense sites in Alaska as part of a major strategic nuclear forces exercise. Source: businessinsider.com Share This:

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Alaska Airlines’ new discount ticket has one huge advantage over American, Delta, and United’s basic economy

“In essence, the Saver Fare and other basic economy tickets are discount fare classes within an airline’s economy cabin” writes Benjamin Zhang for businessinsider.com. On Wednesday, Alaska Airlines announced that it will introduce a new basic economy product this fall called the Saver Fare.On the other hand, basic economy passengers on American, Delta, and United are spread throughout the main cabin.Like America, Delta, and United’s basic economy, Alaska’s Saver Fare tickets are neither changeable nor cancelable. Source: businessinsider.com Share This:

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In Alaska, soldiers relish role in U.S. missile defense

“Colonel Kevin Kick, the commander of the 100th Missile Defense Brigade, which oversees the missile defense system, said it was constantly being improved” writes Midwest Communications Inc for 95kqds.com. The missiles and a few dozen National Guard soldiers will form the first line of defense should North Korea, or any other country, fire an intercontinental ballistic missile at the United States. Source: 95kqds.com Share This:

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Alaska Air ekes out small profit, says merger with Virgin on track

“And the airline group said the merger between Alaska Airlines and Virgin America is on track” writes Seattle Times Aerospace for seattletimes.com. Alaska Air Group reported a small first quarter profit Monday of $4 million, or 3 cents a share, on revenue of $1.8 billion.Alaska Air reported a small first quarter profit Monday of 3 cents a share, a better result than management had forecast at the end of 2017, when it predicted a first-quarter loss. Source: seattletimes.com Share This:

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