Pinnacle Airlines Corp., the Memphis-based parent of regionals Pinnacle Airlines, Colgan Air and Mesaba Aviation, reported third-quarter net income of $9.4 million, down 17.5% from an $11.4 million profit in the year-ago period, as revenue climbed 39.1% to $302.3 million. It said the revenue increase was largely attributable to its July acquisition of Mesaba from Delta Air Lines (ATW Daily News, July 2). Mesaba added $71.5 million in third-quarter revenue. Expenses similarly heightened 43% ...
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