SOURCE: Pinnacle Airlines

May 04, 2006 06:00 ET

Pinnacle Airlines Releases April Traffic

MEMPHIS, TN -- (MARKET WIRE) -- May 4, 2006 -- Pinnacle Airlines, Inc., a wholly owned subsidiary of Pinnacle Airlines Corp. (NASDAQ: PNCL), released its passenger and traffic levels for April 2006 today.

For April, Pinnacle transported 748,987 Customers, 15.4% more than the same period last year. Passenger Load Factor was 78.8%, an increase of 9.4 points over April 2005 levels. During the month, Pinnacle flew 452.1 million Available Seat Miles ("ASMs"), a 5.2% reduction when compared to the same period last year. Revenue Passenger Miles ("RPMs") expanded 7.6% to 356.2 million.

Pinnacle operated 33,977 block hours in April, 3.7% less than the same period last year. Cycles increased 1.6% to 20,928. The reduction in block hours and ASMs is the result of a 7.2% reduction in the average staging length of a Pinnacle flight from 503 to 467 miles. The term "block hour" refers to the elapsed time between an aircraft leaving a gate and arriving at a gate, the term "cycle" refers to an aircraft's departure and corresponding arrival, and the term "stage length" refers to average distance of a Pinnacle flight.

                  April 2006 Traffic
                    2006          2005      Change
Passengers         748,987      648,964      15.4%
Load Factor           78.8%        69.4%      9.4pts
ASMs (000)         452,135      477,060      (5.2)%
RPMs (000)         356,166      331,087       7.6%
Cycles              20,928       20,606       1.6%
Block Hours         33,977       35,289      (3.7)%

               Year-To-Date 2006 Traffic
                    2006          2005      Change
Passengers       2,764,245    2,317,667      19.3%
Load Factor           74.0%        65.1%      9.0%
ASMs (000)       1,793,803    1,765,560       1.6%
RPMs (000)       1,327,972    1,148,749      15.6%
Cycles              82,193       77,702       5.8%
Block Hours        136,574      135,432       0.8%
Pinnacle Airlines, Inc. operates under the name Northwest Airlink and provides service to destinations in the United States and Canada. Pinnacle operates an all-jet fleet of 124 Canadair 44- and 50-seat regional jets from Northwest hubs at Detroit, Memphis and Minneapolis-St. Paul, and the focus city of Indianapolis. Pinnacle Airlines maintains its headquarters in Memphis, Tenn., and employs approximately 3,550 People. For further information, please contact Philip Reed, Vice-President, Marketing at 901-348-4257, or visit our web-site at

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 online from the Commission. Should one of 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.

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