Private company

Warbelow's Air Ventures

Airline of the United States

Warbelow's Air Ventures is an American regional airline based in Fairbanks, Alaska, United States. It operates domestic scheduled passenger, charter, and tour services as well as flight tours, mostly throughout Interior Alaska. Its base is Fairbanks International Airport.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1982Founded1
Warbelow's Air Terminal at FAI
Photo: RadioKAOS, CC BY-SA 3.0, via Wikimedia Commons4

Warbelow's Air Ventures is an American regional airline based in Fairbanks, Alaska, United States. It operates domestic scheduled passenger, charter, and tour services as well as flight tours, mostly throughout Interior Alaska. Its base is Fairbanks International Airport.2

The story

The company was founded by Marvin E. Warbelow in 1958. It operated as 40-Mile Air (in reference to the Fortymile River) from 1970 to 1989, when it was split into two companies by Marvin's sons Charlie and Art. The base in Fairbanks, Alaska operated by Art Warbelow then assumed the name Warbelow's Air Ventures, Inc.. The base in Tok, Alaska continued to operate under the 40-Mile Air, Ltd. name. It was subsequently sold by Charlie Warbelow and continues to operate, mostly serving destinations along the Alaska portion of the Alaska Highway.

From Wikipedia’s article on Warbelow's Air Ventures, shared under CC BY-SA 4.0.3

Products and brands

Fleet

The Warbelow's Air Ventures fleet consists of at least 16 planes (9 of which are operated by the Warbelow's subsidiary Air Arctic), and includes the following:

15 Piper PA-31 Navajo Chieftain

Destinations

All destinations are in Alaska. The airline provides Essential Air Service from Fairbanks to Central, Circle, Minto.

Beaver (WBQ) - Beaver Airport

Read the full text

Central (CEM) - Central Airport

Circle (IRC) - Circle City Airport

Fairbanks (FAI) - Fairbanks International Airport (hub)

Fort Yukon (FYU) - Fort Yukon Airport

Manley (MLY) - Manley Airport

Minto (MNT) - Minto Airport

Rampart (RMP) - Rampart Airport

Stevens Village (SVS) - Stevens Village Airport

From Wikipedia’s article on Warbelow's Air Ventures, shared under CC BY-SA 4.0.3

Timeline

  1. 1982Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$449.1K 2020–2020
Money received by yearMoney received by year, 2020–2020: $449.1K in all. PPP loans $449.1K.$0$200K$400K$600K2020 · PPP loans: $449.1K2020
Figures by year
YearPPP loansTotal
2020$449.1K$449.1K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA5. Matched to this company by name and state.

  1. Apr 13, 2020$449.1K PPP loan (first draw) from KeyBank National Association5To WARBELOW'S AIR VENTURES, INC., Fairbanks AK; $454.9K forgiven Aug 9, 2021