Anchorage-based New Pacific Airlines has apparently canceled all of its flights and shut down for good.
View from the Wing obtained an email sent by CEO Tom Hsieh to employees on Wednesday notifying them that the company is going out of business.
“It is with a heavy heart that I’m announcing that we will be ceasing operations today,” Hsieh wrote. “Unfortunately, we are unable to continue to fund the losses in our business.”
All of New Pacific’s W-2 employees will be paid through Thursday, he added, and staff members currently traveling for work will be brought home as soon as possible.
“I’m extremely proud of all of you and everything we have accomplished as New Pacific/Ravn Alaska,” Hsieh said. “Thank you for your hard work, commitment, and being part of the team.”
The CEO’s statement did not elaborate on New Pacific’s losses, though it is known that the company was struggling financially as it reworked its business model.
New Pacific, once known as Northern Pacific, was formed in 2021 and initially offered scheduled service between Ontario, California, and Las Vegas before expanding to Nashville, Tennessee, and Reno, Nevada. At one time, it planned to connect North America and Asia via Ted Stevens Anchorage International Airport, though these flights never came to fruition.
In early 2024, New Pacific ended its scheduled service and became a charter carrier. A statement on its website explained that, while transpacific flights were still the airline’s “end goal,” charter service would focus on destinations within North America.
New Pacific’s sister company Ravn Alaska, also based in Anchorage, went out of business in August.
Earlier this month, New Pacific announced it was partnering with beOnd, an all-business class carrier from the Maldives, to launch a new luxury airline in the U.S. The venture was to be known as beOnd America.
In a statement, beOnd said it will continue to develop beOnd America and expects to launch the brand in the second half of 2026.
