Pinnacle Airlines said it surpassed the operating performance levels outlined in its services agreement with Northwest Airlines during the first quarter and posted a profit of $13.3 million, 43% lower than a $23.3 million profit in the year-ago quarter that was boosted by an $18 million pre-tax gain related to the repurchase of a note payable to NWA. Pinnacle's operating revenues rose 6.3% to $207.1 million against a 6.2% climb in expenses to $185.6 million and operating profit improved 7.3% ...

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