Delta Connection CRJ200LR. Courtesy, Pinnacle Airlines A US bankruptcy court approved Delta Air Lines’ (DL) $74.3 million in debtor-in-possession (DIP) financing for Pinnacle Airlines Corp., a significant provider of regional service for DL. The Memphis, Tenn.-based parent of Pinnacle Airlines, Colgan Air and Mesaba Aviation is in the middle of a Chapter 11 restructuring (ATW Daily News, April 3). President and CEO Sean Menke said, “Combined with cash from our ongoing ...

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