Pinnacle Airlines Corp., the Memphis-based parent of regionals Pinnacle Airlines, Colgan Air and Mesaba Aviation, filed for Chapter 11 bankruptcy protection in a New York court. The company had warned late last year that it was in serious financial peril (ATW Daily News, Dec. 9, 2011). President and CEO Sean Menke said in a statement issued Sunday, “We intend to use the Chapter 11 process to reset our financial and operational structure in order to position Pinnacle for viability ...

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