MEMPHIS, TN -- (Marketwire) -- 07/09/09 -- Pinnacle Airlines Corp. (NASDAQ: PNCL) today
released capacity and operational results for its Pinnacle Airlines, Inc.
subsidiary for June 2009.
June Performance
2009 2008 Change
----------- ----------- ----------
Passengers 986,882 919,700 7.3 %
Available Seat Miles (000) 527,477 533,121 (1.1)%
Revenue Passenger Miles (000) 430,876 432,503 (0.4)%
Load Factor 81.7% 81.1% 0.6 pts
Block Hours 36,049 36,968 (2.5)%
Departures 23,266 22,307 4.3 %
Fleet
CRJ-200 124 129 (3.9)%
CRJ-900 16 9 77.8 %
Year-To-Date Performance
2009 2008 Change
----------- ----------- ----------
Passengers 5,163,352 5,150,849 0.2 %
Available Seat Miles (000) 3,129,301 3,116,125 0.4 %
Revenue Passenger Miles (000) 2,301,384 2,386,709 (3.6)%
Load Factor 73.5% 76.6% (3.1) pts
Block Hours 215,715 224,112 (3.7)%
Departures 135,456 133,789 1.2 %
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 431 statute miles compared to
468 statute miles in June 2008.
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 140 regional jets in the United States,
Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos
Islands under Delta brands. Colgan Air, Inc. operates a fleet of 48
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 annually 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 June 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:
Joe Williams
901-346-6162