Pinnacle Airlines may file for bankruptcy, analyst says

12/20/2011 | Bloomberg Businessweek · American City Business Journals

Pinnacle Airlines, a regional carrier that flies primarily for Delta Air Lines, may file for bankruptcy, one analyst says. "We do not see any indicator of a significant turnaround over the next 12 months" and the carrier may be out of cash before then, Maxim Group analyst Ray Neidl said.

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Bloomberg Businessweek · American City Business Journals

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