Seattle-based Alaska (NYSE:ALK) announced its Permanent Fund Dividend (PFD) sale, offering bargains from the 49th state to warmer destinations for travel between Oct. 14, 2014 and April 20, 2015. Tickets must be purchased by Oct. 30 and at least 14 days in advance of travel.
|Alaska 737 on approach to SEA|
The Alaska Permanent Fund was established by a constitutional amendment in 1976, as the Alaska pipeline construction neared completion. The amendment directs that "At least 25 percent of all mineral lease rentals, royalties, royalty sales proceeds, federal mineral revenue-sharing payments and bonuses received by the state be placed in a permanent fund, the principal of which may only be used for income-producing investments."
The income is distributed to qualified residents annually and represent an important source of income for some Alaskans, particularly those in rural Alaska, according to the Alaska Permanent Fund Corporation’s website.
In the Midwest, Frontier Airlines is offering a one-day only sale of $14.99 on one-way flights from Chicago (ORD) to Las Vegas (LAS), Miami (MIA) and Tampa, Florida (TPA). The sale coincides with its announcement that the airline will be expanding its service from ORD with the addition of four new non-stop destinations beginning Dec. 20.
The $14.99 fare applies to services beginning in December, and tickets must be purchased by 10:59 p.m. Central time Sept. 30.
The sale comes two weeks after a similar sale Sept. 15, in which the airline offered $29 one-way fares from ORD to all seven of the destinations it serves from the Windy City to mark the beginning of its service to Washington Dulles International Airport (IAD).
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