Pinnacle Airlines may emerge from bankruptcy early in 2013 now that it is making progress in its labor relations.
Pinnacle Airlines Corp. lost $9.9 million in November as it tries to works its way out of chapter 11 bankruptcy.
In its monthly operating report for November, the Memphis-based airline holding company reported $57.2 million in operating revenue from regional airline services in November.
Stacked against $62.3 million operating expenses and various tax and reorganization charges, the company reported a net loss of $9.9 million for the month.
Photo credit: A Pinnacle Airlines Bombardier CRJ-200 being flown as Delta Connection. Daniel Betts / Flickr.com