SOURCE: Pinnacle Airlines

July 08, 2008 10:00 ET

Pinnacle Airlines, Inc. Releases June Performance Data

MEMPHIS, TN--(Marketwire - July 8, 2008) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for June 2008.

                                      June Performance
                          ----------------------------------------
                              2008          2007         Change
                          ------------  ------------  ------------
Passengers                     919,700       921,069          (0.1)%
Load Factor                       81.1%         82.9%         (1.8) pts
ASMs (000)                     533,121       520,791           2.4 %
RPMs (000)                     432,503       431,740           0.2 %
Departures                      22,307        22,670          (1.6)%
Block Hours                     36,968        37,268          (0.8)%
Fleet
      CRJ-200                      129           139          (7.2)%
      CRJ-900                        9             -           100 %

                                   Year-To-Date Performance
                          ----------------------------------------
                              2008          2007         Change
                          ------------  ------------  ------------
Passengers                   5,150,849     4,840,913           6.4%
Load Factor                       76.6%         75.6%          1.0 pts
ASMs (000)                   3,116,125     2,965,558           5.1%
RPMs (000)                   2,386,709     2,240,500           6.5%
Departures                     133,789       131,228           2.0%
Block Hours                    224,112       216,823           3.4%

The average length of a Pinnacle flight was 468 statute miles compared to 464 statute miles in June 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 58 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