Pinnacle Airlines Dispatchers Ratify Collective Bargaining Agreement

MEMPHIS, Tenn., Sept. 11, 2012 /PRNewswire/ — Pinnacle Airlines Corp.’s (PNCLQ) wholly owned subsidiary, Pinnacle Airlines Inc., announced today that its Dispatchers ratified the tentative agreement reached on Aug. 31. The ratification means the dispatchers, represented by the Transport Workers Union of America (TWU), will avoid the Section 1113 litigation process in bankruptcy court.

“This agreement is an essential element in revising our business plan to exit Chapter 11 Bankruptcy proceedings as a competitive regional carrier. Dispatchers are essential to safe, efficient operations and the agreement acknowledges that,” said Russ Elander, vice-president of operations.

The contract remains subject to required corporate approvals and review by the Bankruptcy Court.