Pinnacle Airlines Corporation (Memphis) has announced its headquarters will relocate to Minnesota. The decision came after an exhaustive evaluation of the most cost-effective option as the Company emerges from Chapter 11. The present headquarters location in Memphis, Tennessee was also evaluated.
Pinnacle’s operation will be located in vacant space leased by Delta Air Lines on Minneapolis-St. Paul International Airport property.
Pinnacle presently occupies 170,000 square feet at One Commerce Square in downtown Memphis, which houses approximately 500 employees. Tentative plans call for the move to Minnesota to be completed by May 2013.
PAC is the holding company of Pinnacle Airlines (Memphis) and previously of Colgan Air (2nd) which was shut down in September 2012. Pinnacle Airlines now flies exclusively as a Delta Connection carrier. Since Memphis is a smaller hub for Delta, Pinnacle will have more work at Delta’s MSP larger hub.
The company was established in February 1985 as Express Airlines I and started a code sharing and feeder agreement with Republic Airlines in May 1985. Republic was the dominant carrier in Memphis.