Aleutian Airways Receives FAA Approval to Begin Flying

Operated by Sterling Airways, the Aleutian Airways brand brings Saab 2000 service back to the Aleutian Islands

Aleutian Airways, is proud to announce the successful completion of all Federal Aviation Administration (FAA) requirements necessary to begin operations. This achievement adds the Saab 2000 to Sterling Airways’ Part 121 Air Carrier Certificate, allowing service from Anchorage to begin under the Aleutian Airways brand after completing a rigorous FAA proving run process to demonstrate safety, reliability, and operational soundness.

Aleutian Airways is a joint venture between several veteran airline investors and operators including Wexford Capital, McKinley Alaska Private Investment and Alaska Seaplanes, which plans to restore reliable nonstop Saab 2000 service back to the Aleutian Islands as well as other destinations throughout Alaska.

Chartered service will begin immediately, and an announcement on scheduled service and routes will be released this fall.

 “We are extremely proud of our team for completing and reaching this historic milestone. The creation and operation of Aleutian Airways would not have been possible without their hard work and dedication this past year,” said Wayne Heller, CEO of Sterling Airways. “We’ve built this airline in response to input from community and business leaders and look forward to serving their needs and becoming the airline of choice for Southwest Alaska.”

Please visit www.flyaleutian.com to learn more, sign up for email updates, and follow Aleutian Airways on Facebook and Instagram. For information about charter flights and rates, contact Derek Shanks, 907-600-7064; Derek.Shanks@flyaleutian.com.

###

About Sterling Airways
Sterling Airways, a portfolio company of Wexford Capital LP, has the mission to set a new standard in aviation. Led by a team of experienced airline professionals, Sterling provides the highest level of safety, customer service and professionalism in the industry. For more information visit flysterling.com.

About Wexford Capital LP
Wexford is an SEC-registered, value-oriented multi-strategy investment firm that has been capturing risk-adjusted returns across public and private markets since its inception in 1994. The firm has offices in West Palm Beach, FL and Stamford, CT. Wexford maintains a highly opportunistic approach to investing, centered on buying quality assets at attractive prices. Wexford’s enduring success stems from its ability to consistently form views that vary from consensus relative to the market, which is driven by Wexford’s foundational private equity experience. The transportation sector, and in particular the airline industry, is one of Wexford’s core areas of expertise. Wexford has a long track record of investing in the airline industry, such as founding and driving the transformation of Republic Airways into a regional airline with over 200+ modern regional jets. For more information, visit www.wexford.com.  

About McKinley Alaska Private Investment
McKinley Alaska Private Investment is an Anchorage-based private investment firm using proven and reliable investment experience paired with Alaska connectivity to identify private equity, venture capital, and direct lending opportunities in or for the benefit of Alaska. McKinley Alaska is part of the McKinley Management, LLC family of companies including McKinley Capital Management, LLC and McKinley Research Group, LLC. For more information, visit mckinley-alaska.com.

About Alaska Seaplanes
Founded in 1997, Alaska Seaplanes operates from its hub in Juneau, connecting 14 communities with passenger and cargo service on a year-round basis, utilizing both floatplane and IFR wheel plane service. For more information, visit www.flyalaskaseaplanes.com.