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 ...

Subscribe to Access this Entire Article

"US regional Pinnacle files for Chapter 11" 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.