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Growth and pilot contract hit Pinnacle earnings


Pinnacle began its conference call announcing that the pilots at its three operating subsidiaries have ratified a unified contract that is expected to raise costs but allow a smoother transition as the company integrates Mesaba into its operation. However, those costs will be offset by one-time adjustments and rate increases that were part of its acquisition contract with Delta which will begin in Spring 2012. [2280 words]

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