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The bears are scheduled to arrive in Kenai from Utah next month, in time for an unveiling at the end of October.
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If brought to fruition, the statue will feature three life size bears outside of the airport’s departure gate entrance.
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Starting June 6, the company will offer two daily round-trip flights between Kenai and Anchorage.
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Kenai Municipal Airport is on the hunt for a new business to operate out of its restaurant space. Request for proposal applications from interested vendors are currently being accepted.
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City council members approved a contract with Moore’s Landscaping for the project this summer.
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Acceptance of the grant comes as Kenai works to expand service at the airport.
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That study, conducted by Volaire Aviation, found nearly all people flying from Kenai to Anchorage travel to a second destination. For most travelers, that destination is Seattle.
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Grant Aviation has purchased two Cessna Caravans to double its daily service between Kenai and Anchorage.
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The two other airlines that serve Kenai — Grant and Kenai Aviation — have announced increased flights. Airport officials say they'll soon seek a third airline to replace Ravn.