SOURCE: Pinnacle Airlines

March 02, 2006 21:00 ET

Pinnacle Airlines Releases February Traffic

MEMPHIS, TN -- (MARKET WIRE) -- March 2, 2006 -- Pinnacle Airlines, Inc., a wholly owned subsidiary of Pinnacle Airlines Corp. (NASDAQ: PNCL), released its passenger and traffic levels for February 2006 today.

For February, Pinnacle flew 412.9 million Available Seat Miles ("ASMs"), an increase of 2.5% over February 2005 levels. Revenue Passenger Miles ("RPMs") expanded 18.6% to 295.7 million. Passenger Load Factor was 71.6%, an increase of 9.7 points over February 2005 levels. Pinnacle transported 615,661 Customers during the month, 19.8% more than the same period last year.

Also for the month, Pinnacle operated 31,757 block hours and completed 18,847 cycles. The term "block hour" refers to the elapsed time between an aircraft leaving a gate and arriving at a gate, and the term "cycle" refers to an aircraft's departure and corresponding arrival.

                                 February 2006 Traffic
                                 2006              2005            Change
        ASMs (000)             412,950           402,835            2.5%
        RPMs (000)             295,679           249,282            18.6%
        Load Factor             71.6%             61.9%            9.7 pts
        Passengers             615,661           514,102            19.8%
        Block Hours             31,757            31,521            0.7%
        Cycles                  18,847            17,973            4.9%

                                  Year-To-Date Traffic
                                 2006              2005            Change
        ASMs (000)             876,338           819,764            6.9%
        RPMs (000)             615,308           489,084            25.8%
        Load Factor             70.2%             59.7%           10.5 pts
        Passengers            1,269,623         1,011,205           25.6%
        Block Hours             67,142            64,466            4.2%
        Cycles                  39,804            36,551            8.9%
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 3,450 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 on line 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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