MEMPHIS, TN, Oct 08, 2010 (MARKETWIRE via COMTEX) -- Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines, Inc. subsidiary for September 2010.
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.
September Performance
2010 2009 Change
----------- ----------- -----------
Passengers 813,863 893,648 (8.9)%
Available Seat Miles (000) 480,701 464,563 3.5 %
Revenue Passenger Miles (000) 339,042 358,292 (5.4)%
Load Factor 70.5% 77.1% (6.6) pts.
Block Hours 33,752 33,045 2.1 %
Departures 21,981 22,038 (0.3)%
Fleet
CRJ-200 126 126 0.0 %
CRJ-900 16 16 0.0 %
Year-To-Date Performance
2010 2009 Change
----------- ----------- -----------
Passengers 7,931,147 8,116,168 (2.3)%
Available Seat Miles (000) 4,598,110 4,638,257 (0.9)%
Revenue Passenger Miles (000) 3,420,138 3,504,903 (2.4)%
Load Factor 74.4% 75.6% (1.2) pts.
Block Hours 323,519 322,517 0.3 %
Departures 208,876 206,458 1.2 %
The average length of a Pinnacle flight was 418 statute miles compared to 401 statute miles in September 2009.
About Pinnacle Airlines Corp.
Pinnacle Airlines Corp. (NASDAQ: PNCL), an airline holding company, is the parent company of Pinnacle Airlines, Inc.; Colgan Air, Inc.; and Mesaba Aviation, Inc. Pinnacle Airlines, Inc. operates a fleet of 142 regional jets as Delta Connection 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 in the eastern United States and Canada, Texas and Louisiana. Mesaba Aviation, Inc. operates a fleet of 60 regional jets and 32 jet-prop aircraft as Delta Connection in the United States and Canada. Pinnacle Airlines Corp. operating subsidiaries fly 282 aircraft on more than 1,650 daily flights to 182 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, Memphis, Minneapolis and Salt Lake City. Visit www.pncl.com for more information.
Contact:
Joe Williams
901-346-6162
SOURCE: Pinnacle Airlines