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Pinnacle Airlines Corp. Releases February Performance Data

Friday, March 16, 2012 5:00 PM


MEMPHIS, Tenn., March 16, 2012 /PRNewswire/ -- Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its subsidiaries for February 2012.

(Logo: http://photos.prnewswire.com/prnh/20110112/CL29411LOGO )

 

February 2012 Performance

 

2012

 

2011

 

Change

Passengers

1,328,593

 

1,246,785

 

6.6 %

Available Seat Miles (000)

811,212

 

849,329

 

(4.5)%

Revenue Passenger Miles (000)

569,064

 

560,995

 

1.4 %

Load Factor

70.1%

 

66.1%

 

      4.1 pts. 

Block Hours

54,352

 

60,382

 

(10.0)%

Departures

35,787

 

37,708

 

(5.1)%

Stage Length

411

 

429

 

(4.2)%

 

 

 

 

 

 

Fleet 

 

 

 

 

 

     CRJ-200

142

 

145

 

(2.1)%

     CRJ-900

57

 

57

 

0.0 %

     Q400

31

 

26

 

19.2 %

     SAAB 340

31

 

56

 

(43.6)%

 

 

Year-To-Date Performance

 

2012

 

2011

 

Change

Passengers

2,634,761

 

2,626,099

 

0.3 %

Available Seat Miles (000)

1,636,969

 

1,811,080

 

(9.6)%

Revenue Passenger Miles (000)

1,122,918

 

1,189,088

 

(5.6)%

Load Factor

68.6%

 

65.7%

 

       2.9 pts.

Block Hours

110,825

 

129,790

 

(14.6)%

Departures

72,813

 

80,296

 

(9.3)%

Stage Length

407

 

430

 

(5.3)%

 

 

 

 

 

 

 

Pinnacle Airlines Corp. conducts the majority of its operations under capacity purchase agreements.  Fluctuations in total Passengers, Revenue Passenger Miles (RPMs), and Load Factor do not affect revenue earned by Pinnacle under these types of agreements.

About Pinnacle Airlines Corp.
Pinnacle Airlines Corp. (NASDAQ: PNCL), a $1 billion airline holding company with 8,000 employees, is the parent company of Pinnacle Airlines, Inc. and Colgan Air, Inc. Flying as Delta Connection, United Express and US Airways Express, Pinnacle Airlines Corp. operating subsidiaries operate 199 regional jets and 62 turboprops on more than 1,540 daily flights to 188 cities and towns in the United States, Canada, Mexico and Belize. Corporate offices are located in Memphis, Tenn., and hub operations are located at nine major U.S. airports. Visit www.pncl.com for more information.

Contact:
Joe Williams
901-346-6162 

SOURCE Pinnacle Airlines Corp.

(Source: PR Newswire )
(Source: Quotemedia)

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