Pinnacle Airlines Corp. earned $5.9 million in the second quarter ended June 30, down 1.8% compared to earnings of $6 million in the year-ago period. The parent of Pinnacle Airlines and Colgan Air—and since July 1 Mesaba Aviation—attributed the lower results to higher aviation insurance payments owing to a previously reported dispute with Delta Air Lines affecting $1.7 million in premiums as well a $1.5 million adjustment to the fair value of interest rate options in ...

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