Chapter 11 Bankruptcy Petition
On 1 April 2012, Pinnacle Airlines and its subsidiaries filed for protection under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The airline plans to discontinue its operation of its Saab 340 and Bombardier Q400 turboprop aircraft by the end of November 2012.
Read more about this topic: Pinnacle Airlines Corp.
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