UPDATE 2-Alaska's RavnAir bankruptcy while awaiting govt aid shows regional airlines' challenges
April 06, 2020 at 15:08 PM EDT
RavnAir Group, the largest regional carrier in Alaska, filed for bankruptcy on Sunday and grounded all of its 72 planes, saying it was clear that government aid would not arrive before it ran out of cash in the midst of an "astonishing" decline in bookings and revenue due to the coronavirus.