Pinnacle Airlines is feeling the effects of Northwest Airlines' decision to remove 15 aircraft from its partner's fleet. Pinnacle reported net income of $11.9 million for the quarter ended June 30, down 13.1% from $13.7 million in the 2005 quarter. Operating revenue fell 4% to $204.5 million and operating income was $19.5 million, a 14% drop from the year-ago period. Company officials said the operating result also was affected by a previously unrecorded obligation of $1.4 million for a ...

Subscribe to Access this Entire Article

"Pinnacle's profits drop as effect of Northwest pullout lingers" 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?

Already registered? here.