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Pinnacle Airlines updates employees on wind down of Colgan Air operations

11-Jul-2012 1:40 PM

Pinnacle Airlines CEO John Spanjers, in a letter to employees, updated (10-Jul-2012) its employees on the "difficult process" related to the wind down of the operations of Colgan Air Inc. He noted, "there are a number of moving parts involved in our restructuring plan which require us to continuously refine the details". As part of the accelerated Houston wind down schedule, the carrier operated its last service on 05-Jul-2012 as scheduled. The carrier will also move forward the scheduled wind down of services at Washington Dulles and Newark in Sep-2012. [more - original PR]

Pinnacle Airlines: "Currently, Colgan has 5 Saab lines of flight at Dulles (IAD), and 14 Q400 lines of flight operating at IAD and Newark (EWR). We originally planned for IAD to wind down in August, and EWR to wind down by December 1. However, United asked us to adjust that schedule and wind down all operations by September 5, 2012 and we agreed. Therefore, the IAD Saabs will end operations on July 31 as planned. The Q400 operations will continue as planned in July, see a slight reduction in August and operate its last scheduled flight on September 5. This will complete the wind down of our Colgan operations and officially conclude our flying relationship with United." Source: Company statement, 10-Jul-2012.