BNET Industries

Pinnacle Airlines Corp.

(PNCL) is in the Travel Industry

Market Cap:$138.1M

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

Contact Information

1785 Nonconnah Blvd

Memphis, Tennessee 38132

pinn-air.com

(901) 348-4100

Peer Companies

NAICS Code Scheduled Passenger Air Transportation: 481111

Company News

Recent Events

Pinnacle Airlines Corp reports Q3 income of USD11.4m

11/05/09 - Financial Announcement - View Story
Pinnacle Airlines pilots vote against ratifying contract

9/25/09 - Joint Venture / Alliance - View Story
Pinnacle posts profit in second quarter

8/07/09 - Financial Announcement - View Story

News & Analysis

company and pinnacle airlines corp. - All News and Analysis

Pinnacle Airlines Reports First Quarter 2008 Financial Results

- 2008-05-08

Pinnacle Airlines Corp. (NASDAQ: PNCL) ("the "Company") today reported first quarter 2008 net income and fully diluted earnings per share ("EPS") of $2.7 million and $0.15, respectively. The Company's net income and EPS were $9.4 million and $0.38, respectively, for the first quarter of 2007. The Company's financial...

Tags: aircraft, Company, FINANCE, financial, income, Manufacturing, Northwest Airlines Corp., performance, Pinnacle Airlines Corp., revenue
Pinnacle Airlines Reports Fourth Quarter 2007 Financial Results

- 2008-02-21

Pinnacle Airlines Corp. (NASDAQ: PNCL) ("the "Company") today reported fourth quarter 2007 net income and fully diluted earnings per share ("EPS") of $6.7 million and $0.32, respectively, excluding a potential one-time, non-cash charge that the Company is analyzing, as further discussed below. The Company's net income and EPS were $12.3...

Tags: accordance, aircraft, amortization, bankruptcy, Company, FINANCE, GAAP, income, Manufacturing, non-GAAP, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue, tax
Pinnacle Airlines Corp. Purchases 2,492,060 Shares of Its Common Stock From Northwest Airlines Corp.

- 2007-11-30

Pinnacle Airlines Corp. (NASDAQ: PNCL) (the "Company" or "Pinnacle") announced today that it has purchased 2,492,060 shares of its outstanding common stock from Northwest Airlines Corp. ("Northwest") at a purchase price of $13.22 per share, for total consideration of $32,945,033. With the sale of these shares, Northwest is no...

Tags: Company, Northwest Airlines Corp., Pinnacle Airlines Corp.
Pinnacle Airlines Reports Fourth Quarter 2006 Financial Results

- 2007-02-27

Pinnacle Airlines Corp. (NASDAQ: PNCL) ("Pinnacle" or the "Company") today reported fourth quarter 2006 earnings per fully diluted share ("EPS") of $1.67, as compared to EPS of $0.45 during the fourth quarter of 2005. Net income during the fourth quarter of 2006 was positively impacted by an after-tax benefit...

Tags: accordance, aircraft, bankruptcy, Company, FINANCE, GAAP, income, Litigation, Manufacturing, non-GAAP, Northwest Airlines Corp., Pinnacle, Pinnacle Airlines Corp., revenue, Taxes
Pinnacle Airlines Reports Second Quarter 2006 Financial Results

- 2006-08-01

Pinnacle Airlines Corp. (NASDAQ: PNCL) ("Pinnacle" or the "Company") today reported second quarter 2006 earnings per fully diluted share ("EPS") of $0.54. Operating income and net income were $19.5 million and $11.9 million, respectively. For the six months ended June 30, 2006, Pinnacle reported EPS of $1.15. ...

Tags: accordance, aircraft, bankruptcy, Company, FINANCE, financial, GAAP, income, Litigation, Manufacturing, non-GAAP, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue, Taxes

Pinnacle Airlines Reports First Quarter 2006 Financial Results

- 2006-04-27

Pinnacle Airlines Corp. (NASDAQ: PNCL) ("Pinnacle" or the "Company") today reported first quarter 2006 earnings per fully diluted share ("EPS") of $0.61, 11% higher than pro forma EPS of $0.55, excluding a nonrecurring after-tax gain of $0.51 recorded in the first quarter of 2005. During the first quarter of...

Tags: aircraft, Company, FINANCE, financial, GAAP, income, Manufacturing, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue, Taxes
Pinnacle Airlines Reports Second Quarter Earnings of $13.8 Million

- 2005-08-01

Pinnacle Airlines Corp. (NASDAQ: PNCL) today reported second quarter 2005 fully diluted earnings per share ("EPS") of $0.63, an increase of 43% over fully diluted EPS of $0.44 in the second quarter of 2004. Net income was $13.8 million, an increase of 42% over the second quarter of 2004....

Tags: aircraft, Company, FINANCE, GAAP, income, Manufacturing, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue
Pinnacle Airlines Reports First Quarter Earnings of $23.3 Million

- 2005-05-03

Pinnacle Airlines Corp. (NASDAQ: PNCL) today reported first quarter 2005 fully diluted earnings per share of $1.06, inclusive of a nonrecurring pre-tax gain of $18.0 million ($11.3 million net of related income taxes) from the retirement of its note payable to Northwest Airlines. Excluding the nonrecurring gain, the...

Tags: aircraft, Company, earnings, equity, FINANCE, GAAP, income, Manufacturing, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue, Taxes
Pinnacle Airlines Corp. Announces Completion of Sale of Convertible Notes

- 2005-02-08

Pinnacle Airlines Corp. (NASDAQ: PNCL) announced today that it had completed the private sale of $110 million principal amount of its 3.25% senior convertible notes due 2025. The Company has granted the initial purchasers a 30-day option to purchase up to an additional $11 million of notes. Pinnacle Airlines...

Tags: Company, INTERNET, MARKETING, Memphis, Pinnacle, Pinnacle Airlines Corp., SEC
Pinnacle Airlines Reports Third Quarter Earnings of $12.6 Million

- 2004-10-28

Pinnacle Airlines Corp. (NASDAQ: PNCL) today reported third quarter operating revenue of $168.1 million, resulting in revenue growth over the comparable period in 2003 of 40%. The company produced operating income of $18.5 million, an operating margin of 11.0%, and net income of $12.6 million, or diluted earnings per share...

Tags: aircraft, asset, Company, earnings, FINANCE, GAAP, income, Manufacturing, Northwest Airlines Corp., Pinnacle Airlines Corp., revenue, Taxes