Published:
Pinnacle Airlines, Inc. Releases February Performance Data

Pinnacle Airlines Corp. (NASDAQ: PNCL) today
released capacity and operational results for its Pinnacle Airlines, Inc.
subsidiary for February 2008.
During February, Pinnacle achieved a 93.8% completion factor, a 0.1 point
increase from February 2007. Completion factor reflects the percentage of
completed scheduled flights to total scheduled flights. On-time arrivals
were at 67.8%, a 0.9 point decrease from the same period in 2007. On-time
departures were at 74.0% reflecting a decrease of 1.4 points from the same
period in February 2007. On-time arrivals and departures reflect the
percentage of scheduled flights that arrive and depart within 14 minutes of
their scheduled arrival and departure times. The average length of a
Pinnacle flight was 450 statute miles compared to 458 statute miles in
February 2007.
February 2008 Performance
--------------------------
2008 2007 Change
Passengers 755,391 668,441 13.0%
Load Factor 72.6% 69.4% 3.2 pts
ASMs (000) 466,536 440,240 6.0%
RPMs (000) 338,757 305,416 10.9%
Departures 20,732 19,700 5.2%
Block Hours 35,596 33,524 6.2%
Fleet
CRJ-200 135 137 (1.5)%
CRJ-900 5 - 100%
Year-To-Date Traffic
--------------------------
2008 2007 Change
Passengers 1,545,678 1,359,000 13.7%
Load Factor 71.1% 67.1% 4.0 pts
ASMs (000) 976,446 924,707 5.6%
RPMs (000) 694,293 620,381 11.9%
Departures 43,577 41,363 5.4%
Block Hours 74,059 69,715 6.2%
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., an airline holding company, is the parent company
of Pinnacle Airlines Inc. and Colgan Air Inc. Pinnacle Airlines Inc.
operates a fleet of 139 regional jets in the United States and Canada as
Northwest Airlink and Delta Connection. 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 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.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily News
Tags: ,Aerospace and Defense:Aircraft, TravelandHospitality:Tourism, TravelandHospitality:Airlines, ,NASDAQ01,NASDAQ01,TN,MEMPHIS, TN