New Pacific Airlines (7H, Anchorage Ted Stevens) has cut 130 jobs in its Ravn Alaska division, or about one-quarter of its workforce, according to a report from Alaska’s KTUU-TV.

In an email sent to employees, Rob McKinney, chief executive officer of Ravn Alaska and New Pacific Airlines, wrote that the company is not giving up but is not yet profitable, “despite our best efforts with schedules, pricing, and previous attempts at right-sizing.”

He added: “The hard truth is that we never really left oldco [the old company] in the past. Due to the need to restart as quickly as we did, we ended up adopting many practices and policies that are inefficient at best.”

He divulged that the company’s main three challenges are inflation, labour shortages, and competition on some of Ravn’s routes, but he promised it would emerge stronger from its current restructuring.

ch-aviation reached out to Ravn Alaska and the Air Line Pilots Association (ALPA) for comment. The brand has had a complex past few years, including a cessation of operations in 2020, being acquired by FLOAT Shuttle (Burbank), and being put under the New Pacific Airlines corporate identity.

The ch-aviation fleets module shows that the New Pacific Airlines fleet comprises 11 aircraft, including two B757-200s, eight DHC-8-100s, and one DHC-8-300.