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Vol. 15, No. 12 Week of March 21, 2010
Providing coverage of Alaska and northern Canada's oil and gas industry

Arctic Directory: HoTH announces acquisition of Arctic Circle Air

HoTH Inc., an Alaska corporation owned by John Hajdukovich, Mike Hageland and James Tweto, the parent holding company of Frontier Flying Service, Hageland Aviation Services and Era Aviation Inc., said Oct. 14 that it has an agreement to acquire 100 percent of the common stock of Arctic Circle Air Service Inc.

Arctic Circle’s cargo operation will join the in-state air group doing business as Frontier Alaska effective Dec. 1.

“This acquisition strengthens Frontier Alaska’s position in the cargo business in the state of Alaska,” said company CEO Bob Hajdukovich. “Both charter services, as well as scheduled services, will benefit from the added capacity and flexibility the acquisition will afford. Arctic Circle Air’s two Shorts 330 all-cargo aircraft will complement the existing Frontier Alaska operations and improve the ability to move greater volume and oversized cargo within the state of Alaska.”



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