SOURCE: Pinnacle Airlines

April 15, 2008 11:30 ET

Pinnacle Airlines Inc. Releases March Performance Data

MEMPHIS, TN--(Marketwire - April 15, 2008) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for March 2008.

                                       March Performance
                        ----------------------------------------------
                             2008            2007            Change
                        --------------  --------------  --------------
Passengers                     879,282         838,430            4.9 %
Load Factor                       78.3%           76.1%           2.2 pts
ASMs (000)                     517,415         508,341            1.8 %
RPMs (000)                     404,987         386,784            4.7 %
Departures                      22,402          22,600           (0.9)%
Block Hours                     38,002          37,298            1.9 %
Fleet
      CRJ-200                      134             139           (3.6)%
      CRJ-900                        6               -            100 %



                                     Year-To-Date Performance
                        ----------------------------------------------
                             2008            2007            Change
                        --------------  --------------  --------------
Passengers                   2,424,960       2,197,430            10.4%
Load Factor                       73.6%           70.3%            3.3 pts
ASMs (000)                   1,493,861       1,433,048             4.2%
RPMs (000)                   1,099,280       1,007,165             9.1%
Departures                      65,979          63,963             3.2%
Block Hours                    112,061         107,013             4.7%

The average length of a Pinnacle flight was 458 statute miles compared to 460 statute miles in March 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., 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 and Canada as Northwest Airlink and Delta Connection. Colgan Air, Inc. operates a fleet of 52 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