BNET Industries
Market Cap:$110.9M
Last Fiscal Year Sales:$864.7M
- Public
- US
Dow Jones Description
Pinnacle Airlines Corp. was incorporated in 2003 as a Delaware corporation. As of December 31, 2008, we had two reportable segments consisting of Pinnacle Airlines, Inc. and Colgan Air, Inc. Pinnacle operates an all-regional jet fleet, and provides regional airline capacity to Delta at its hub airports in Atlanta, Cincinnati, Detroit, Memphis, and Minneapolis/St. Paul. At December 31, 2008, Pinnacle operated 124 Canadair Regional Jet ("CRJ")-200 aircraft under Delta brands with approximately 665 daily departures to 114 cities in 37 states and three Canadian provinces. Pinnacle also operated a fleet of 18 CRJ-900 aircraft (including seven aircraft Pinnacle is operating on a temporary basis, as discussed in detail under "Recent Developments") as a Delta Connection carrier with approximately 86 daily departures to 34 cities in 16 states, the Bahamas, Mexico, and U.S. Virgin Islands.
Number of Employees 5,644
Peer Companies
NAICS Code Scheduled Passenger Air Transportation: 481111
Recent Events
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Pinnacle Airlines Corp reports Q3 income of USD11.4m
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Pinnacle Airlines pilots vote against ratifying contract
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Pinnacle posts profit in second quarter
News & Analysis
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agreement and pinnacle airlines corp. - All News and Analysis
Pinnacle Airlines to Temporarily Operate Additional Aircraft for Delta Air Lines
Pinnacle Airlines Corp. (NASDAQ: PNCL) said today that its Pinnacle Airlines, Inc. subsidiary will operate additional CRJ-900 aircraft for Delta Air Lines on a short-term basis beginning in October 2008. "Delta has asked us to operate additional CRJ-900 aircraft that are being returned from another Delta Connection carrier beginning...
Pinnacle Airlines Corp. Announces New Capacity Purchase Agreement With Continental Airlines
Pinnacle Airlines Corp. (NASDAQ: PNCL) announced today that it has entered into a new capacity purchase agreement with Continental Airlines, Inc. Pinnacle Airlines Corp.'s wholly owned subsidiary, Colgan Air, Inc., will operate fifteen 74-seat Bombardier Q400 regional aircraft as a Continental Connection carrier. The aircraft will operate primarily...
Pinnacle Airlines Corp. Announces Amended Airline Services Agreement With Northwest
Pinnacle Airlines Corp. (NASDAQ: PNCL) ("Pinnacle") announced today that it has reached agreement with Northwest Airlines, Inc. ("Northwest") for an amended and restated Airline Services Agreement (the "Amended ASA") between the two parties, subject to confirmation by the bankruptcy court overseeing Northwest's chapter 11 bankruptcy proceedings. The agreement provides,...
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