Struggling SeaPort Airlines files for bankruptcy

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.<br/>