SOURCE: Pinnacle Airlines

Pinnacle Airlines

February 10, 2010 17:30 ET

Pinnacle Airlines, Inc. Releases January Performance Data

MEMPHIS, TN--(Marketwire - February 10, 2010) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for January 2010.

                               January Performance
                               2010           2009           Change
                            ----------     ----------      ----------
Passengers                     791,614        776,025             2.0 %
Available Seat Miles (000)     488,056        539,638            (9.6)%
Revenue Passenger Miles (000)  339,312        356,779            (4.9)%
Load Factor                       69.5%          66.1%            3.4 pts.
Block Hours                     35,402         38,282            (7.5)%
Departures                      22,304         22,810            (2.2)%
Fleet
   CRJ-200                         124            124             0.0 %
   CRJ-900                          16             21           (23.8)%

Pinnacle reports its total Passengers, Revenue Passenger Miles (RPMs), and Load Factor each month, even though fluctuations do not affect revenues received under capacity purchase agreements with Delta Air Lines, its mainline partner.

The average length of a Pinnacle flight was 420 statute miles compared to 451 statute miles in January 2009.

About Pinnacle Airlines Corp.

Pinnacle Airlines Corp. (NASDAQ: PNCL), an airline holding company, is the parent company of Pinnacle Airlines, Inc. and Colgan Air, Inc. Pinnacle Airlines, Inc. operates a fleet of 142 regional jets under Delta brands in the United States, Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos Islands. Colgan Air, Inc. operates a fleet of 48 regional turboprops as Continental Connection, United Express and US Airways Express. Pinnacle Airlines Corp. operating units fly more than 1,280 daily flights and transport 13 million passengers a year to 152 cities and towns in North America. The corporate headquarters is located in Memphis, Tenn. Airport hub operations are located in Atlanta, Boston, Detroit, Newark, Washington Dulles, Houston, Memphis and Minneapolis. Visit www.pncl.com for more information.

Contact Information

  • Contact:
    Joe Williams
    901-346-6162