Bankrupt Alaska Airline Gets First-Day Ch. 11 Nods In Del.

By Jeff Montgomery · January 28, 2026, 3:56 PM EST

A bankrupt Alaska-based airline landed its first Chapter 11 motion approvals in Delaware on Wednesday, with a U.S. Trustee's Office attorney noting that "this case has some unusual qualities to it,"...

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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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Related Sections

Case Information

Case Title

FLOAT Alaska LLC

Case Number

1:26-bk-10075

Court

Delaware

Nature of Suit

Date Filed

January 26, 2026

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