Pinnacle Airlines yesterday reported a third-quarter profit of $15.8 million, a reversal from a $21.4 million loss in the year-ago quarter when it was hit hard by the bankruptcy of codeshare partner Northwest Airlines. Revenues fell 5.6% to $208.5 million against a 27.8% decline in expenses to $182.9 million, lifting operating result to a $25.6 million profit from a $32.3 million loss in the third quarter of 2005. The operating result was boosted by a $3.5 million pre-tax benefit related to ...

Subscribe to Access this Entire Article

"Pinnacle swings to profitability" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.