SOURCE: Pinnacle Airlines

May 13, 2008 17:30 ET

Pinnacle Airlines Inc. Releases April Performance Data

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

                                  April Performance
                   ----------------------------------------------
                       2008              2007           Change
                   --------------   --------------    -----------
Passengers                877,566          843,951            4.0%
Load Factor                  77.4%            78.0%          (0.6) pts
ASMs (000)                533,424          496,828            7.4%
RPMs (000)                412,916          387,919            6.4%
Departures                 22,463           22,189            1.2%
Block Hours                37,100           35,897            3.4%
Fleet
      CRJ-200                 130              139            (6.5)%
      CRJ-900                   8                -             100%


                                Year-To-Date Performance
                   ----------------------------------------------
                       2008              2007           Change
                   --------------   --------------    -----------
Passengers              3,302,526        3,041,381            8.6%
Load Factor                  74.6%            72.3%           2.3 pts
ASMs (000)              2,027,285        1,929,876            5.0%
RPMs (000)              1,512,196        1,395,084            8.4%
Departures                 88,442           85,959            2.9%
Block Hours               149,161          142,910            4.4%

The average length of a Pinnacle flight was 466 statute miles compared to 455 statute miles in April 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 138 regional jets in the United States and Canada as Northwest Airlink and Delta Connection. Colgan Air Inc. operates a fleet of 57 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 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