Pinnacle Airlines Corporation reports 4Q and 2009 financial results

Pinnacle Airlines Corporation (Memphis) reported fourth quarter 2009 net income of $5.6 million. This represents an increase of 153 percent over net income recorded in the fourth quarter of 2008 of $2.2 million.

For the year ended December 31, 2009, the Company reported net income of $41.9 million, an increase of 68 percent over net income of $13.8 million in 2008, excluding special charges.

Pinnacle Airlines Corporation, an airline holding company, is the parent company of Pinnacle Airlines, Inc. and Colgan Air, Inc. Pinnacle Airlines, Inc. operates under Delta brands and operates 126 CRJ200 and 16 CRJ900 regional jet aircraft. Colgan Air, Inc. operates as Continental Connection, United Express and US Airways Express and operates a fleet of 14 Bombardier DHC-8-402 (Q400) and 34 SAAB 340 turboprop aircraft throughout the United States and Canada.