SOURCE: Pinnacle Airlines

Pinnacle Airlines

December 05, 2009 12:27 ET

Pinnacle Airlines, Inc. Releases November Performance Data

MEMPHIS, TN--(Marketwire - December 5, 2009) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for November 2009.

                                          November Performance
                                  -----------------------------------
                                     2009         2008        Change
                                  ----------   ----------   ---------
Passengers                           852,260      834,729         2.1%
Available Seat Miles (000)           486,853      524,821        (7.2)%
Revenue Passenger Miles (000)        370,412      389,089        (4.8)%
Load Factor                             76.1%        74.1%        2.0 pts.
Block Hours                           33,136       35,873        (7.6)%
Departures                            21,818       22,046        (1.0)%
Fleet
      CRJ-200                            126          124         1.6%
      CRJ-900                             16           15         6.7%




                                       Year-To-Date Performance
                                  -----------------------------------
                                     2009         2008        Change
                                  ----------   ----------   ---------
Passengers                         9,903,168    9,526,949         3.9%
Available Seat Miles (000)         5,610,982    5,782,969        (3.0)%
Revenue Passenger Miles (000)      4,262,228    4,437,187        (3.9)%
Load Factor                             76.0%        76.7%       (0.7) pts.
Block Hours                          390,483      404,269        (3.4)%
Departures                           250,795      245,641         2.1%


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 428 statute miles compared to 454 statute miles in November 2008.

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, LaGuardia, Memphis and Minneapolis. 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 September 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