Pinnacle posts net loss as new management focusses on restructuring
Still suffering headwinds from a combination of its new pilots' contract, last-minute schedule changes at Delta, which have also haunted SkyWest, the Mesaba integration and general cost and efficiencies, Pinnacle Airlines posted a second quarter net loss of USD2.4 million on a USD100 million increase in total operating revenues to USD320.1 million.
