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Archive » Transportation

Alaska Air Group has 5th straight record year, profit up 49%

Quarterly or yearly, record-breaking profits are officially old hat at Alaska Air Group Inc. During a Jan. 22 call with investors, executives of the parent to Alaska Airlines and Horizon Air reported a record full-year profit of $571 million in 2014 and a fourth quarter record profit of $125 million.

Walker fires DOT commish after road report

Gov. Bill Walker fired Alaska Transportation Commissioner Pat Kemp Jan. 12 after he urged Walker to move forward with the Knik Arm bridge and the Juneau access road projects, or face repaying up to $98.6 million to the federal government. Walker spokeswoman Grace Jang wrote in a statement to the Juneau Empire that the governor wants department commissioners aligned with his priorities.

Anchorage sues feds, requests $350M for new port design

Judge dismisses most claims in King Cove road lawsuit

Most ferry rates going up; day boat work gets underway

The cost of your favorite state ferry trip is likely going up. Fares for most Alaska Marine Highway System routes will increase 4.5 percent Jan. 1 or shortly thereafter, deputy state Transportation Department commissioner Reuben Yost said during a Dec. 12 Marine Transportation Advisory Board meeting.
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Archive » Tours and Travel

Tourism hub cities had record year, revenues in 2014

Oil price collapse overshadowed 2014 politics

The collapse of oil prices sent shock waves through state government and Alaska’s business community late in the year. Prices dropped from $110 per barrel in July to about $56 per barrel in mid-December. State revenues, about 90 percent dependent on oil taxes and royalties, are now estimated to be about half of what was predicted earlier, about $2.5 billion in unrestricted general fund revenue, down from about $5 billion.

Anchorage on pace for bed tax record, cruisers hold steady

Japan Air aurora charters warm Fairbanks winter economy

Kenai borough mayor vetoes vote on bed tax

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