Pinnacle Airlines makes reorganization progress but loses $10 million in November
Skift Take
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.
Up Next
Hotels
How Data Quality Issues Impact Global Hospitality Operations
There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.
Sponsored 
Hotels
LA Wildfires: Climate Change, Extreme Weather, and the Impact on Hotels
The travel industry needs to get ready: The LA wildfires are a reminder that climate change isn’t just an environmental issue.
Hotels
Redefining Luxury Hospitality in 2025
Luxury hotels can differentiate themselves by broadening their offerings and embracing lucrative experiential trends.
Airlines
Engine Shortage Forces Air New Zealand to Scrap Seoul Route, Again
With almost all of its new-generation aircraft impacted by maintenance or delivery snags, Air New Zealand has had a tougher time than most.
Online Travel
What Travel Brands Should Know About China's RedNote
As overseas travel rebounds and Chinese consumers increasingly seek out genuine travel tips and personalized recommendations, brands looking to engage this influential audience must understand what makes RedNote a powerful tool for modern travel marketing.