Pinnacle posts USD4.5 million swing to loss

The future of Pinnacle Airline Corp looks very rosy to CFO Peter Hunt, despite the fact the company posted a first quarter net loss. The reason is simple, the company is on the cusp of realizing the fruits of its labour in maintaining a healthy Pinnacle Airlines, integrating newly acquired Mesaba Airlines and bringing Colgan Airways out of poverty to what could be its first profitable quarter. [2367 words]

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This report contains the following subheadings:

• New CEO to come in June
• Results
• First quarter results
• Block hours rising
• Liquidity