Pinnacle Airlines posts profit despite winter storms and Delta penalty

Pinnacle Airlines Corp yesterday reported first quarter net income of USD1.7 million, down USD1 million from the year-ago period, due to the February storms. The storms impacted the financial and operating performance of its subsidiaries, Pinnacle Airlines and Colgan Air, and resulted in the assessment in penalties by its partner, Delta. [1829 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• First Quarter 2010 Financial and Operating Results
• Liquidity
• Outlook better: United-Continental merger welcomed