SOURCE: Pinnacle Airlines

January 09, 2008 19:01 ET

Pinnacle Airlines Inc. Releases December Traffic

MEMPHIS, TN--(Marketwire - January 9, 2008) - Pinnacle Airlines Inc., a wholly owned subsidiary of Pinnacle Airlines Corp. (NASDAQ: PNCL), today released its passenger and traffic levels for December 2007.

During December, Pinnacle transported 795,796 customers, 4.3% more than the same period in 2006. Passenger Load Factor was 75.8%, an increase of 2.8 points over December 2006 levels. For the month, Pinnacle flew 480.3 million Available Seat Miles ("ASMs"), a 2.1% decrease when compared to the same period in 2006. Pinnacle flew 364.0 million Revenue Passenger Miles ("RPMs"), an increase of 1.6% over December 2006.

For the month, Pinnacle operated 36,935 block hours, a 4.1% increase from the same period in 2006. The term "block hour" refers to the elapsed time between an aircraft leaving a gate and arriving at a gate. Departures were up 0.9% to 21,363. The average length of a Pinnacle flight was 455 statute miles compared to 464 statute miles in December 2006.

During December, Pinnacle operated 138 aircraft with 50 seats and one aircraft with 76 seats compared to 124 aircraft with 50 seats for the same month of 2006.

            December 2007 Traffic
                  2007          2006        Change
Passengers       795,796       763,007       4.3%
Load Factor         75.8%         73.0%      2.8 pts
ASMs (000)       480,289       490,814      (2.1)%
RPMs (000)       363,958       358,244       1.6%
Departures        21,363        21,175       0.9%
Block Hours       36,935        35,490       4.1%

            Year-To-Date Traffic
                  2007          2006        Change
Passengers      9,995,614     8,988,180      11.2%
Load Factor          77.0%         76.0%     1.0 pts
ASMs (000)      6,004,680     5,640,629      6.5%
RPMs (000)      4,620,861     4,288,551      7.7%
Departures        265,225       250,892      5.7%
Block Hours       438,988       415,069      5.8%

About Pinnacle Airlines Corp.

Pinnacle Airlines Corp., an airline holding company, is the parent company of Pinnacle Airlines Inc. and Colgan Air Inc. Pinnacle Airlines Inc. operates a fleet of 139 regional jets in the United States and Canada as Northwest Airlink and Delta Connection. Colgan Air Inc. operates a fleet of 49 regional turboprops as Continental Connection, United Express and US Airways Express. Pinnacle Airlines Corp. operating units fly over 1,000 daily flights and transport more than 10 million passengers a year to 134 cities and towns in North America. Visit www.pncl.com for more information.

This press release contains various forward-looking statements that are based on management's beliefs, as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including those set forth in our filings with the Securities and Exchange Commission, which are available to investors at our web-site or on line from the Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove erroneous, actual results may vary materially from results that were anticipated or projected. The Company does not intend to update these forward-looking statements before its next required filing with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Joe Williams
    901-346-6162