SeaPort Airlines, an 8-year-old commuter carrier that tried to carve a niche serving subsidized routes to small regional airports, will ground its flights as it faces liquidation in bankruptcy, the <em>Oregonian</em> reported today. The airline's bid to reorganize collapsed this month after the airline learned it would lose a key contract and a line of credit helping keep it afloat. A judge yesterday ordered the airline's chapter 11 case to be converted to a chapter 7 liquidation effective at noon today. An attorney for the airline's creditors said that its fleet would be grounded yesterday.
