PENAIR CLOS­ING DEN­VER HUB IN RE­OR­GA­NI­ZA­TION

The Denver Post - - BUSINESS -

ALASKA» An air car­rier AN­CHOR­AGE, based in Alaska says it’s fil­ing a Chap­ter 11 re­or­ga­ni­za­tion plan.

PenAir an­nounced Mon­day it’s clos­ing its Den­ver hub pend­ing ap­proval from the U.S. Depart­ment of Trans­porta­tion.

The move would end es­sen­tial air-ser­vice routes be­tween Den­ver and Lib­eral and Dodge City in Kan­sas, and the Ne­braska ci­ties of North Platte, Kear­ney and Scotts­bluff. The com­pany says a tran­si­tion to a new car­rier usu­ally takes 30 to 90 days.

PenAir pre­vi­ously an­nounced it was end­ing Port­land, Ore., re­gional routes.

All but an es­sen­tial air-ser­vice route be­tween Port­land and Cres­cent City, Calif., are to be shut down af­ter Mon­day.

Op­er­a­tions in Alaska and Bos­ton will not be af­fected.

PenAir’s CEO, Danny Sey­bert, said the re­or­ga­ni­za­tion will al­low the com­pany to emerge as a stronger air­line.

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