Pinnacle Profits Fall Under Weight Of Troubles At Colgan
Pinnacle Airlines Corp. reported profits of $6.7 million for the fourth quarter of 2007, down 45% from the same quarter of the previous year thanks to losses at Colgan, which Pinnacle acquired in January 2007. Net income for the year ended Dec. 31, meanwhile, stood at $36.6 million, down 31% from...
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