Pinacle Airlines Corporation (Memphis), currently reorganizing under Chapter 11 bankruptcy protection, is planning to shed around 450 pilot positions over the next 18 months. The group intends to also shed 97 Bombardier DHC-8-402 (Q400), SAAB 340B and Bombardier CRJ900 aircraft as it adjusts its contracts. Colgan Air will also be closed down by November 2012. The United Express and US Airways Express operations will also be terminated under the current reorganization proposals.
Read the full report from Memphis Business Journal: CLICK HERE
Copyright Photo: Tony Storck. The current Colgan Air operates for United Express and US Airways Express
United Express-Colgan Slide Show: CLICK HERE
