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Pinnacle Warns Of Even Greater Losses As Delta Utilization Falls
September 26, 2012
Delta Air Lines reduced utilization of Pinnacle Airlines’ Bombardier CRJ200 and CRJ900 jets by 7% in the second half of 2012, which will nearly triple the regional carrier’s operating loss for the period, Pinnacle’s de facto CFO says in a bankruptcy court filing. As Aviation Week reported Sept. 24...
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