Pinnacle Airlines, Inc. Releases February Performance Data

 

		February Performance
		2010			2009			Change
Passengers		696,537			720,865			(3.4	)%
Available Seat Miles (000)		444,906			490,472			(9.3	)%
Revenue Passenger Miles (000)		302,172			326,450			(7.4	)%
Load Factor		67.9	%		66.6	%		1.3	pts.
Block Hours		32,949			33,666			(2.1	)%
Departures		20,311			20,753			(2.1	)%
Fleet
	CRJ-200	126			124			1.6	%
	CRJ-900	16			17			(5.9	)%

	Year-To-Date Performance
	2010			2009			Change
Passengers	1,488,151			1,496,890			(0.6	)%
Available Seat Miles (000)	932,962			1,030,109			(9.4	)%
Revenue Passenger Miles (000)	641,484			683,229			(6.1	)%
Load Factor	68.8	%		66.3	%		2.5	pts.
Block Hours	68,351			71,948			(5.0	)%
Departures	42,615			43,563			(2.2	)%

Pinnacle reports its total Passengers, Revenue Passenger Miles (RPMs), and Load Factor each month, even though fluctuations do not affect revenues received under capacity purchase agreements with Delta Air Lines, its mainline partner.

 

The average length of a Pinnacle flight was 421 statute miles compared to 450 statute miles in February 2009. 

 

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 142 regional jets under Delta brands in the United States, Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos Islands. 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 more than 1,280 daily flights and transport 13 million passengers a year to 152 cities and towns in North America. The corporate headquarters is located in Memphis, Tenn. Airport hub operations are located in Atlanta, Boston, Detroit, Newark, Washington Dulles, Houston, LaGuardia, Memphis and Minneapolis.

Logos, product and company names mentioned are the property of their respective owners.

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