AGP Executive Report
Last update: 17 minutes agoAir Links: Alaska Airlines will launch daily Anchorage–Tokyo flights on May 13, 2027, using Boeing 737-8s, opening a new route for tourism and commerce. Port Investment: Six Alaska port projects will share nearly $105 million in federal funding, while Juneau separately approved an $11 million harbor upgrade. Critical Minerals: Nova Minerals secured final permits for its Alaska antimony project, clearing the way for planned 2027 production. Energy and Land: 88 Energy landed a $15.5 million farm-out for its Alaska oil exploration, and a state agricultural land auction drew $1.16 million in bids for 861 acres. Connectivity: The FCC cleared GCI’s acquisition of Quintillion, advancing a deal tied to Alaska’s broadband infrastructure. Business Costs: Airlines are warning of higher fares as jet fuel prices soar and carriers pull back on hedging, a concern for travelers and Alaska’s air-dependent economy. Fiscal Outlook: Sen. Lisa Murkowski endorsed gubernatorial candidate Jonathan Kreiss-Tomkins, citing Alaska’s budget challenges, energy costs and need to grow the economy.
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