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June 2009 Performance
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2009 2008 Change
----------- ----------- ----------
Passengers 249,619 240,281 3.9 %
Available Seat Miles (000) 93,383 99,339 (6.0)%
Revenue Passenger Miles (000) 58,680 55,496 5.7 %
Load Factor 62.8% 55.9% 6.9 pts
Block Hours 11,752 14,230 (17.4)%
Departures 9,456 11,039 (14.3)%
Fleet
SAAB 340 34 40 (15.0)%
Beech 1900 - 5 (100.0)%
Q400 14 13 7.7 %
Year-To-Date Performance
--------------------------------------
2009 2008 Change
----------- ----------- ----------
Passengers 1,286,549 1,101,725 16.8%
Available Seat Miles (000) 532,554 449,188 18.6%
Revenue Passenger Miles (000) 298,415 237,680 25.6%
Load Factor 56.0% 52.9% 3.1 pts
Block Hours 68,144 73,625 (7.4)%
Departures 54,772 58,754 (6.8)%
The average length of a Colgan flight was 222 statute miles compared to 219 statute miles in June 2008.
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 140 regional jets in the United States, Canada, the Bahamas, Mexico, U.S. Virgin Islands, and Turks and Caicos Islands under Delta brands. 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 13 million passengers annually to 144 cities and towns in North America. Visit www.pncl.com for more information.
This press release contains various forward-looking statements 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 online from the Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove erroneous, actual results June 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
SOURCE: Pinnacle Airlines
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