BNET Industries

Pinnacle Airlines Corp.

(PNCL) is in the Travel Industry

Market Cap:$128.5M

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

marketing and pinnacle airlines corp. - All News and Analysis

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 to Purchase NWA Note

- 2005-02-02

Pinnacle Airlines Corp. (NASDAQ: PNCL) has reached an agreement with Northwest Airlines to purchase the $120 million Note payable to Northwest at a 15.3% discount to par value. The purchase of this Note is contingent upon the completion of Pinnacle's recently announced Convertible Note Offering. Pinnacle will also...

Tags: MARKETING, Northwest Airlines Corp., Pinnacle Airlines Corp., solicitation
Pinnacle Airlines Reports Earnings Impact Due to December Weather

- 2005-02-01

As previously reported, Pinnacle Airlines Corp. (NASDAQ: PNCL) will report reduced earnings for the fourth quarter of 2004 as a result of certain one-time performance-based payments that it will be required to make to Northwest Airlines. Pinnacle considers this event unique. In December 2004, Pinnacle operations were significantly...

Tags: FINANCE, INTERNET, MARKETING, Northwest Airlines Corp., Pinnacle Airlines Corp.