Monday, April 2, 2012

Pinnacle Airlines files for bankruptcy in U.S.

(Reuters) - Pinnacle Airlines Corp , parent of Pinnacle Airlines and Colgan Air, filed for bankruptcy protection, the latest victim of high fuel prices and dampened travel demand. Memphis, Tennessee-based Pinnacle operates as various regional airlines - most notably Delta Connection - for bigger-name partners including Delta Air Lines , United Airlines and US Airways . Pinnacle said in a filing late on Sunday that it would rework its contracts with Delta and end flying for United and US Airways
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Pinnacle Airlines files for bankruptcy in U.S.
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