Triple digit net profit growth for Pinnacle in 4Q2009
Blowing all other airlines out of the water, Pinnacle Airlines reported its 4Q2009 net income – USD5.6 million – was a massive 153% more than its 4Q2008 results. Its earnings per share, at USD0.31, rose 158%. Net income for the year, reached USD41.9 million including special items that increased net by USD18.7 million. Ex items net was USD23.2 million, up 68% over 2008.
