Pinnacle Airlines Inc. Releases April Performance Data
MEMPHIS, TN -- (MARKET WIRE) -- May 13, 2008 --
Pinnacle Airlines Corp. (NASDAQ: PNCL) today
released capacity and operational results for its Pinnacle Airlines Inc.
subsidiary for April 2008.
April Performance
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2008 2007 Change
-------------- -------------- -----------
Passengers 877,566 843,951 4.0%
Load Factor 77.4% 78.0% (0.6) pts
ASMs (000) 533,424 496,828 7.4%
RPMs (000) 412,916 387,919 6.4%
Departures 22,463 22,189 1.2%
Block Hours 37,100 35,897 3.4%
Fleet
CRJ-200 130 139 (6.5)%
CRJ-900 8 - 100%
Year-To-Date Performance
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2008 2007 Change
-------------- -------------- -----------
Passengers 3,302,526 3,041,381 8.6%
Load Factor 74.6% 72.3% 2.3 pts
ASMs (000) 2,027,285 1,929,876 5.0%
RPMs (000) 1,512,196 1,395,084 8.4%
Departures 88,442 85,959 2.9%
Block Hours 149,161 142,910 4.4%
The average length of a Pinnacle flight was 466 statute miles compared to
455 statute miles in April 2007.
The term "block hours" refers to the elapsed time between an aircraft
leaving a gate and arriving at a gate.
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 138 regional jets in the United States
and Canada as Northwest Airlink and Delta Connection. Colgan Air Inc.
operates a fleet of 57 regional turboprops as Continental Connection,
United Express and US Airways Express. Pinnacle Airlines Corp. operating
units fly over 1,000 daily flights and transport more than 10 million
passengers a year to 140 cities and towns in North America. Visit
www.pncl.com for more information.
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 or
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.
Contact:
Joe Williams
901-346-6162