BNET Industries
Market Cap:$124.1M
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
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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pinnacle airlines corp. and transport - All News and Analysis
Pinnacle Airlines Corporation Q2 2009 Earnings Call Transcript
Pinnacle Airlines Corporation PNCL Q2 2009 Earnings Call August 7, 2009 11:00 am ET
Pinnacle Airlines: Risk-Reward Makes It Worth a Look
Scott Miller submits: Who would want to own an airline with slumping business travel, a weakening consumer, and rising unemployment? Warren Buffett fans know that he specifically singled out the airline industry as destroyer of capital in his last letter to Berkshire investors. There are several decades industry losses...
About Pinnacle Airlines, and Concentrated Risk
Jeff Annello submits: As a frequent reader, and now small-time contributor, to the Berkshire Hathaway group over at MSN, created and wonderfully maintained by Sanjeev Parsad, I was intrigued by a recent post regarding the dumping of Pinnacle Airlines PNCL by Mohnish Pabrai. Before I begin, I want readers...
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