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Pinnacle Airlines Inc. Releases January Performance Data

Posted on: Tuesday, 12 February 2008, 18:00 CST

Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its Pinnacle Airlines Inc. wholly owned subsidiary for January 2008.

Pinnacle voluntarily discloses its performance data each month, even though disclosure is not required by the Department of Transportation. The following performance information will also be reported in monthly news releases.

During January, Pinnacle achieved a 95.0% completion factor, a decrease of 2.6 points from January 2007 levels. Completion factor reflects the percentage of completed scheduled flights to total scheduled flights. On-time arrivals were at 72.9%, a 5.7 point decrease from the same period in 2007. On-time departures were at 77.8% reflecting a decrease of 7.2 points from the same period in January 2007. On-time arrivals and departures reflect the percentage of scheduled flights that arrive and depart within 14 minutes of their scheduled arrival and departure times. The average length of a Pinnacle flight was 450 statute miles compared to 454 statute miles in January 2007

              January 2008 Performance              ------------------------                     2008       2007       Change    Departures      22,845     21,663     5.5%    Block Hours     38,463     36,191     6.3%    Load Factor     69.7%      65.0%      4.7 pts.    Fleet       CRJ-200      136        133        2.3%       CRJ-900      3          -          100.0% 

The term "block hours" refers to the elapsed time between an aircraft leaving a gate and arriving at a gate.

About Pinnacle Airlines Corp.

Pinnacle Airlines Corp., an airline holding company, is the parent company of Pinnacle Airlines Inc. and Colgan Air Inc. Pinnacle Airlines Inc. operates a fleet of 139 regional jets in the United States and Canada as Northwest Airlink and Delta Connection. Colgan Air Inc. operates a fleet of 48 regional turboprops as Continental Connection, United Express and US Airways Express. Pinnacle Airlines Corp. operating units fly over 1,000 daily flights and transport more than 10 million passengers a year to 134 cities and towns in North America. Visit www.pncl.com for more information.

This press release contains various forward-looking statements that are based on management's beliefs, as well as assumptions made by and information currently available to management. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including those set forth in our filings with the Securities and Exchange Commission, which are available to investors at our web-site or on line from the Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove erroneous, actual results may vary materially from results that were anticipated or projected. The Company does not intend to update these forward-looking statements before its next required filing with the Securities and Exchange Commission.

 Contact: Joe Williams 901-346-6162  

SOURCE: Pinnacle Airlines

Source: MARKET WIRE

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