Airline

Losses at Pinnacle continue under bankruptcy

  • Share this:
Losses at Pinnacle continue under bankruptcy

Pinnacle Airlines Corp. which filed for Chapter 11 bankruptcy protection on April 1, is continuing to lose money as it restructurers. In its August monthly operating report filed with the US Bankruptcy Court, Pinnacle posted a net loss of $5.7 million, with operating revenue of $71.6 million. The ai...

Page content restricted for non-members!

Become a member!