Colgan acquisition helps Pinnacle stay profitable

Pinnacle Airlines and Colgan Air parent Pinnacle Airlines Corp. reported a $7.7 million third-quarter profit, down 29.2% from the $10.9 million earned in the year-ago period, on a 7.8% rise in operating revenue to $221.8 million. Expenses grew 5.8% year-over-year to $201.8 million and operating...

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