SOURCE: Pinnacle Airlines

Pinnacle Airlines

September 08, 2009 19:13 ET

Colgan Air, Inc. Releases August Performance Data

MEMPHIS, TN--(Marketwire - September 8, 2009) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Colgan Air, Inc. subsidiary for August 2009.


                                         August 2009 Performance
                                      2009         2008       Change
                                  -----------  -----------  ----------
Passengers                            264,320      275,804        (4.2)%
Available Seat Miles (000)             99,524      111,705       (10.9)%
Revenue Passenger Miles (000)          62,457       63,428        (1.5)%
Load Factor                              62.8%        56.8%        6.0 pts.
Block Hours                            12,365       15,184       (18.6)%
Departures                              9,983       12,076       (17.3)%
Fleet
   SAAB 340                                34           40       (15.0)%
   Beech 1900                               -            5      (100.0)%
   Q400                                    14           15        (6.7)%

                                         Year-To-Date Performance
                                      2009         2008       Change
                                  -----------  -----------  ----------
Passengers                          1,823,138    1,637,216        11.4 %
Available Seat Miles (000)            731,348      671,339         8.9 %
Revenue Passenger Miles (000)         425,229      361,127        17.8 %
Load Factor                              58.1%        53.8%        4.3 pts.
Block Hours                            92,978      103,981       (10.6)%
Departures                             74,789       82,830        (9.7)%

The average length of a Colgan flight was 224 statute miles compared to 219 statute miles in August 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 140 regional jets in the United States, Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos Islands under Delta brands. 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 over 1,000 daily flights and transport 13 million passengers annually to 144 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 August 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