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Pinnacle Airlines, Inc. history
Pinnacle Airlines, Inc. company history timeline
By December 1985, it had a dozen turboprops, including two 33-seat Saab 340s, flying to ten cities.
1986: The airline begins flying for Northwest.
The airline suffered its first disaster when one of its turboprops crashed on December 1, 1993, killing 18 people.
Revenues were about $150 million in 1995, when more than 1.5 million passengers were carried.
The Minneapolis-St Paul operation was transferred to sister Airlink carrier Mesaba Airlines, while the corporate headquarters were relocated from Atlanta to the Memphis base of operations in August 1997.
Acquisition by Northwest: 1997
Pinnacle Airlines Corporation was created in January 2002 to hold the airline, which would be renamed Pinnacle Airlines, Inc.
In November 2003, Pinnacle Airlines Corporation became a publicly traded company, using the ticker symbol PNCL on NASDAQ.
Earnings were up 16 percent to $40.7 million on revenues of $635.5 million in 2004.
2005: Pinnacle is ranked as the world's fastest-growing airline.
In 2007, Pinnacle acquired Colgan Air, which continued to operate independently of Pinnacle Airlines, Inc.
On July 1, 2010, Delta Air Lines sold Mesaba Airlines to Pinnacle in a $62 million transaction.
On 1 April 2012, Pinnacle Airlines Corporation and subsidiaries filed for bankruptcy protection under Chapter 11 of the United States Bankruptcy Code.
The company's main airline, Pinnacle Airlines, Inc., was renamed to Endeavor Air on August 1st, 2013 and the holding company ceased to exist.
On September 27, 2018, former Pinnacle Airlines CEO Philip Trenary was shot dead in Memphis.
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Pinnacle Airlines, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| PSA Airlines | 1979 | $1.5B | 5,000 | 161 |
| ExpressJet Airlines | 1979 | - | 3,000 | - |
| Spirit Airlines | 1983 | $4.9B | 10,000 | 24 |
| Republic Airways Holdings | 1973 | $1.3B | 451 | 105 |
| Mesa Airlines | 1982 | $498.1M | 2,500 | 43 |
| Southwest Airlines | 1967 | $27.5B | 58,803 | 61 |
| Air Wisconsin Airlines | 1965 | $530.0M | 1,500 | 13 |
| Delta Air Lines | 1924 | $61.6B | 86,564 | 256 |
| Mesaba Airlines | 1944 | $2.8M | 2,000 | - |
| Continental Airlines | 1934 | $2.7B | 10,001 | - |
Pinnacle Airlines, Inc. history FAQs
Zippia gives an in-depth look into the details of Pinnacle Airlines, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pinnacle Airlines, Inc.. The employee data is based on information from people who have self-reported their past or current employments at Pinnacle Airlines, Inc.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Pinnacle Airlines, Inc.. The data presented on this page does not represent the view of Pinnacle Airlines, Inc. and its employees or that of Zippia.
Pinnacle Airlines, Inc. may also be known as or be related to PINNACLE AIRLINES CORP, Pinnacle Airlines, Pinnacle Airlines Corp, Pinnacle Airlines Corp. and Pinnacle Airlines, Inc.