PenAir.

PositionInside Alaska Business

PenAir has filed for Chapter 11 reorganization with the state of Alaska. This action will not affect scheduled air service operations in Alaska or Boston. PenAir's Portland, Oregon, and Denver, Colorado, hubs began the process of closing scheduled service in August.

PenAir announced the additional closing the Denver hub pending approval from the Department of Transportation.

"The steps we are taking today will allow PenAir to emerge as a stronger airline while continuing our focus on...

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