Pinnacle Airlines Corp., through its subsidiaries, operates as an independent regional airline company in the United States. It operates an all-regional jet fleet under two capacity purchase agreements (CPA) with Delta Air Lines, Inc. (Delta), providing regional airline capacity to Delta from Delta's hub airports in Atlanta, Detroit, Memphis, New York City, and Minneapolis/St. Paul. The company also operates an all-turboprop fleet under a regional airline CPA with United Continental Holdings, Inc., Continental Airlines, Inc., and United Airlines, Inc. (United); and under revenue pro-rate agreements with United and US Airways Group, Inc. primarily in the northeastern United States and in Texas. As of December 31, 2010, Pinnacle Airlines Corp. offered scheduled passenger service with approximately 1,400 total daily departures to a 317 destinations with an aircraft fleet of 202 regional jet aircrafts and 81 turboprop aircrafts. The company was founded in 1985 and is headquartered in Memphis, Tennessee.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.