Air Transport World

Alaskan Regional Yute Air.

Alaskan Regional Yute Air, which provides scheduled and charter service to rural communities, has filed for Chapter 11 bankruptcy protection. The carrier has returned its two wet-leased Fairchild Metros to Merlin Express, a subsidiary of Fairchild Aerospace. A cash-flow problem and the collapse of a pending codeshare agreement with Reno Air when American acquired Reno were reasons given for returning the Metros. …

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