Pinnacle Airlines (PNCL) joins AMR in seeking bankruptcy protection, becoming the 43 U.S....

|About: Pinnacle Airlines Corp. (PNCLQ)|By:, SA News Editor

Pinnacle Airlines (PNCL) joins AMR in seeking bankruptcy protection, becoming the 43 U.S. carrier to do so since the Sep. 11 attacks. Pinnacle, which has assets of $1.5B and liabilities of $1.4B, will halt its United Express services by Aug. 1, but its Continental Express and Delta Connection units will continue.