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Pinnacle posts USD4.5 million swing to loss

Premium Analysis

The future of Pinnacle Airline Corp looks very rosy to CFO Peter Hunt, despite the fact the company posted a first quarter net loss. The reason is simple, the company is on the cusp of realizing the fruits of its labour in maintaining a healthy Pinnacle Airlines, integrating newly acquired Mesaba Airlines and bringing Colgan Airways out of poverty to what could be its first profitable quarter.

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