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Pinnacle Airlines reports surge in January traffic

Pinnacle Airlines Corp, which operates more than 130 regional jets on behalf of Delta Air Lines through Delta Connect, reported a 43% surge in traffic in January as US airline shares traded generally lower on Monday.

Pinnacle Airlines Corp reported the following traffic highlights for its subsidiaries in Jan-2011:

  • Passenger numbers: 1.4 million, +43% year-on-year;
  • Load factor: 64.8%, -2.0 ppts;
  • Departures: 42,588, +40%;
  • Fleet:
    • CRJ-200: 145;
    • CRJ-900: 57;
    • Q400: 26;
    • SAAB 340: 59.

Selected AAD daily share price movements (% change): 21-Feb-2011