SOURCE: Pinnacle Airlines

June 06, 2008 17:00 ET

Pinnacle Airlines, Inc. Releases May Performance Data

MEMPHIS, TN--(Marketwire - June 6, 2008) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for May 2008.

                           May Performance
                 2008            2007        Change
                -------         -------     ---------
Passengers      928,623         878,463       5.7%
Load Factor      79.5%           80.3%       (0.8) pts
ASMs (000)      555,719         514,891       7.9%
RPMs (000)      442,010         413,676       6.8%
Departures       23,040          22,406       2.8%
Block Hours      37,983          36,645       3.7%
Fleet
      CRJ-200     129             139        (7.2)%
      CRJ-900      9               -          100%


                      Year-To-Date Performance
                  2008            2007       Change
                ---------       ---------   ---------
Passengers      4,231,149       3,919,844     7.9%
Load Factor      75.7%           74.0%        1.7 pts
ASMs (000)      2,583,004       2,444,767     5.7%
RPMs (000)      1,954,206       1,808,760     8.0%
Departures       111,482         108,558      2.7%
Block Hours      187,144         179,555      4.2%

The average length of a Pinnacle flight was 471 statute miles compared to 464 statute miles in May 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 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