Pinnacle Airlines Corp. Releases January Performance Data

Photo Credit: PR Newswire.

MEMPHIS, Tenn., Feb. 17, 2012 /PRNewswire/ -- Pinnacle Airlines Corp. (NASDAQ: PNCL) today released capacity and operational results for its subsidiaries for January 2012.

	January 2012 Performance
	2012		2011		Change
Passengers	1,306,168		1,372,069		(4.8)%
Available Seat Miles (000)	825,757		961,919		(14.2)%
Revenue Passenger Miles (000)	553,855		623,513		(11.2)%
Load Factor	67.1%		64.8%		2.3 Pts.
Block Hours	56,472		69,408		(18.6)%
Departures	37,026		42,588		(13.1)%
Stage Length	402		431		(6.7)%
Fleet
CRJ-200	142		145		(2.1)%
CRJ-900	57		57		0.0 %
Q400	31		26		19.2 %
SAAB 340	31		59		(47.5)%

Pinnacle Airlines Corp. conducts the majority of its operations under capacity purchase agreements. Fluctuations in total Passengers, Revenue Passenger Miles (RPMs), and Load Factor do not affect revenue earned by Pinnacle under these types of agreements.
About Pinnacle Airlines Corp.



Pinnacle Airlines Corp. (NASDAQ: PNCL), a $1 billion airline holding company with 8,000 employees, is the parent company of Pinnacle Airlines, Inc. and Colgan Air, Inc. Flying as Continental Express, Delta Connection, United Express and US Airways Express, Pinnacle Airlines Corp. operating subsidiaries operate 199 regional jets and 62 turboprops on more than 1,540 daily flights to 188 cities and towns in the United States, Canada, Mexico and Belize. Corporate offices are located in Memphis, Tenn., and hub operations are located at nine major U.S. airports. Visit www.pncl.com for more information.

PR Newswire


Quick Analysis

Given a reported figure of 1,306,168 passengers, using a 31day op schedule, that's an average of 42,134 Pax daily. More so, looking at the ASM and RPM, for every 1 ASM, you have  0.67 RPM. Convert that 0.67 into % and you have a 67.1% load factor. 

With block hrs of 56,472 and departures of 37,026, for every 1 departure, each flight utilized 1.53hrs. The stage-length explains the avg distance flown (nm). Therefore, for every 1 departure, an average of 402nm (463miles) was flown. Keep in mind that this is a totaled average of both the faster and slower jets.