SOURCE: Pinnacle Airlines

December 16, 2008 10:45 ET

Pinnacle Airlines, Inc. Releases November Performance Data

MEMPHIS, TN--(Marketwire - December 16, 2008) - Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for November 2008.

                                     November Performance
                                ------------------------------
                                 2008        2007       Change
                                -------     -------     ------
Passengers                      834,729     835,086     (0.0)%
Load Factor                        74.1%       78.3%    (4.2) pts
Available Seat Miles (000)      524,821     488,503      7.4%
Revenue Passenger Miles (000)   389,089     382,770      1.7%
Departures                       22,046      21,620      2.0%
Block Hours                      35,873      35,763      0.3%
Fleet
  CRJ-200                           124         138    (10.1)%
  CRJ-900                            15           -    100.0%


                                   Year-To-Date Performance
                              -------------------------------
                                 2008        2007      Change
                              ---------   ---------    ------
Passengers                    9,526,949   9,199,818     3.6%
Load Factor                        76.7%       77.1%   (0.4) pts
Available Seat Miles (000)    5,782,969   5,524,391     4.7%
Revenue Passenger Miles (000) 4,437,187   4,256,903     4.2%
Departures                      245,641     243,862     0.7%
Block Hours                     404,269     402,053     0.6%

Pinnacle reports its total Passengers, Revenue Passenger Miles (RPMs), and Load Factor each month, even though fluctuations do not affect revenues received under capacity purchase agreements with Delta Air Lines, its mainline partner.

The average length of a Pinnacle flight was 454 statute miles compared to 456 statute miles in November 2007.

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 139 regional jets in the United States, Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos Islands as Northwest Airlink and Delta Connection. Colgan Air, Inc. operates a fleet of 51 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 a year 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 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