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 ...

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