Regional Alaska Airline Hits Ch. 11 With $65.7M Of Debt

By Vince Sullivan · January 27, 2026, 4:39 PM EST

The parent company of New Pacific Airlines filed for Chapter 11 protection in Delaware on Monday along with several affiliates, listing about $65.7 million of debt and saying its regional Alaskan...

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Bankruptcy Scorecard

Summary

The parent of New Pacific Airlines filed for Chapter 11 protection in Delaware with about $65.7 million in debt, saying its regional Alaskan routes became financially unsustainable after the COVID-19 pandemic.

Case Number

1:26-bk-10075

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$65.7 million

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Documents

Case Information

Case Title

FLOAT Alaska LLC

Case Number

1:26-bk-10075

Court

Delaware

Nature of Suit

Date Filed

January 26, 2026