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Pinnacle Airlines Corp revenue up 46.4% in 2Q2011

5-Aug-2011 2:00 PM

Pinnacle Airlines Corp revenue up 46.4% – financial highlights for the three months ended Jun-2011:

  • Operating revenue: USD320.1 million, +46.4% year-on-year;
  • Operating costs: USD309.8 million, +55.7%;
    • Fuel: USD10.9 million, +61.6%;
  • Operating income: USD10.3 million, -47.9%;
  • Net income/loss: (USD2.4 million), compared with a profit of USD5.9 million in p-c-p;
  • Passenger numbers: 5.3 million, +55%;
  • Passenger load factor: 77%, +3.2 ppts. [more]