Skagway (skăgˈwāˌ) [key], city (1990 pop. 692), Skagway-Yakutat census div., SE Alaska, in the Panhandle, at the head of Lynn Canal; founded 1897. It is an ice-free port of entry; a trade and tourist center; the coastal terminus of the White Pass and Yukon Railway, which halted passenger service in 1982 but now operates a tourist train; and the northernmost terminal of the ferry system from Prince Rupert, British Columbia. During the gold rush of 1897–98 it was a major disembarking point to the Klondike. Klondike Gold Rush National Historical Park is there, and Reid Falls (295 ft/90 m) is nearby.