SOURCE: Pinnacle Airlines

August 13, 2008 11:00 ET

Pinnacle Airlines, Inc. Releases July Performance Data

MEMPHIS, TN--(Marketwire - August 13, 2008) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for July 2008.

                                             July Performance
                              -------------------------------------------
                                  2008            2007           Change
                              ------------    ------------    -----------
Passengers                         925,164         914,606            1.2%
Load Factor                           79.9%           80.7%     (0.8) pts
ASMs (000)                         549,332         529,518            3.7%
RPMs (000)                         439,189         427,335            2.8%
Departures                          22,753          23,086           (1.4)%
Block Hours                         37,188          37,562           (1.0)%
Fleet
    CRJ-200                            125             139          (10.1)%
    CRJ-900                             11               -            100%


                                          Year-To-Date Performance
                                 -----------------------------------------
                                     2008           2007         Change
                                 -----------    -----------    -----------
Passengers                         6,076,013      5,755,519            5.6%
Load Factor                             77.1%          76.3%       0.8 pts
ASMs (000)                         3,665,457      3,495,076            4.9%
RPMs (000)                         2,825,898      2,667,835            5.9%
Departures                           156,542        154,121            1.6%
Block Hours                          261,300        254,385            2.7%


The average length of a Pinnacle flight was 470 statute miles compared to 462 statute miles in July 2007.

The term "block hours" refers to the elapsed time between an aircraft leaving a gate and arriving at a gate.

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 136 regional jets in the United States and Canada as Northwest Airlink and Delta Connection. Colgan Air, Inc. operates a fleet of 60 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 140 cities and towns in North America. Visit www.pncl.com for more information.

This press release contains various forward-looking statements 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 online 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