- Associated Press - Friday, February 5, 2016

PORTLAND, Ore. (AP) - Oregon-based SeaPort Airlines has filed for Chapter 11 bankruptcy protection but the company says daily operations will not be interrupted.

The commuter airline said Friday it expects to continue to operate its current schedule of flights, pay its employees and honor existing tickets and reservations.

The company also announced Rob Kinney has resigned as CEO and president. Timothy Sieber, who recently served as executive vice president, has been named president.

The news comes after the airline has reduced flights in its network, blaming a pilot shortage that began last year and has affected its entire operation.

The bankruptcy was filed in federal court in Oregon.

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