KYUK AM

Economy

Stories about the local, state, or national economy.

Grant Aviation Buys Ravn Planes To Meet YK Delta Demand Post-Pandemic

By • Jul 17, 2020
Katie Basile / KYUK

Three regional airlines in the Yukon-Kuskokwim Delta bought some of Ravn Air Group’s planes during an auction earlier this month. One of the airlines says that they are preparing to expand services in the region once the pandemic ends. 


Kwik’Pak Packs Up

By Johanna Eurich • Jul 15, 2020
Kwik'Pak Fisheries in Emmonak, Alaska on July 15, 2019.
Anna Rose MacArthur / KYUK

There are so few chum salmon on the Yukon River this summer that the processer in Emmonak is closing down its operation because they don't have any product to sell.


How Do You Want ONC To Spend $13.8M?

By • Jul 14, 2020
After over a year at the organization, ONC Executive Director Ron Hoffman has decided to resign.
KYUK Staff

The Bethel Orutsararmiut Native Council received $13.8 million under the federal CARES Act, and the organization wants to hear from tribal members on how to spend that money.

New Online System Will Help People Register For Voting Absentee By Mail

By • Jul 13, 2020

There’s a new system available for people who choose to vote absentee by mail. Voters can now register online to receive their applications, instead of mailing, emailing, or faxing them.

Ravn Sells Off Dozens Of Small Planes To Alaska Companies, Including Grant And Yute

By Nathaniel Herz - Alaska Public Media • Jul 8, 2020

Ravn Alaska prepares to board a de Havilland Dash 8 for a flight from Dillingham and King Salmon to Anchorage.Credit Avery Lill / KDLGEdit | Remove

The bankrupt RavnAir Group sold off dozens of its small planes to several Alaska aviation companies at auction on July 7, but Ravn’s largest planes and most valuable airline operating certificates won’t be sold until July 8.

Federal Judge Halts CARES Act Funds To Alaska Native Corporations

By Tripp Crous - KNBA • Jul 8, 2020
Calista has filed a confidential report under seal in their ongoing lawsuit against the corporation's former chairman, Wayne Don.
Teresa Cotsirilos/KYUK

A federal judge issued an injunction that prevents Alaska Native corporations from receiving part of Tribal funding set aside in the CARES Act.

Court Rules Native Corporations Can Receive CARES Act Money Intended For Tribes

By Liz Ruskin - Alaska Public Media • Jun 29, 2020

A U.S. District Court judge in Washington, D.C. has ruled that Alaska Native corporations are eligible to receive part of the $8 billion Congress set aside to help tribes respond to the coronavirus pandemic.

CVRF Executive Director Retires

By • Jun 25, 2020
CVRF

The longtime executive director of Coastal Villages Region Fund has retired. Morgan Crow worked with CVRF for 22 years. His retirement became effective immediately on June 15. He was replaced by Eric Deakin, who had been working as Chief Operating Officer and has been with the organization since 2008.

ONC Receives Over $13.8 Million In CARES Act Funding

By • Jun 22, 2020
After over a year at the organization, ONC Executive Director Ron Hoffman has decided to resign.
KYUK Staff

Bethel’s tribe, Orutsararmiut Native Council, has received a huge amount of money to deal with COVID-19’s impact on the community. ONC Executive Director Mark Springer says that the organization got $13.8 million in Federal CARES Act funding.  

One Short-Selling Financial Firm Says The Donlin Gold Mine Is Too Expensive To Build

By • Jun 16, 2020
Krysti Shallenberger / KYUK

A recent report from a financial research firm says that the proposed Donlin Gold mine in the Yukon-Kuskokwim Delta will never be built. The mine could be one of the biggest gold producers in the world if completed, but the research firm says that it costs too much to actually build. But that firm can make a lot of money off of its report, and one of the mining companies strongly disagrees with its conclusion. 


Pages