guild wars 2 gold Airport officials hopeful Pinnacle will ke

Airport officials hopeful Pinnacle will keep Knoxville flightsFILE This undated file photo provided by Pinnacle Airlines Corp., shows the logo for Pinnacle Airlines Corp., based in Memphis, Tenn. Pinnacle Airlines says its filed for bankruptcy protection to deal with its mounting debt and costs, The Associated Press reports Monday, April 2, 2012. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]guild wars 2 gold[/url] The Memphis, Tenn.-based airline operates regional flights as Delta Connection, United Express and US Airways Express. It says its current business model isnt sustainable. (AP Photo/Pinnacle Airlines Corp. via PRNewsFoto, File) Pinnacle Airlines Corp., a regional carrier that offers daily service out of McGhee Tyson Airport, has filed for bankruptcy protection, but Knoxville airport officials are hopeful the airline will maintain Knoxville service as it pursues restructuring. Pinnacle operates eight departures and eight arrivals daily for Delta Air Lines at McGhee Tyson, said Becky Huckaby, spokeswoman for the Metropolitan Knoxville Airport Authority. Airport officials believe those flights are successful and that Pinnacle will maintain them, although that will ultimately be a decision between Pinnacle and Delta, she said. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]guild wars 2 gold[/url] "We don't anticipate any changes and at this time we have not been told of any changes, but obviously, they will have to make the decision about those flights," she said. Huckaby said it is too early to speculate on what impact any of this will have on the airport. Memphis-based Pinnacle flies under contract for Delta, United, Continental and US Airways. Pinnacle, which mostly flies between major airports in the East, has been hurt by rising costs and integration problems. It plans to wind down the United Express flights it operates for United Continental Holdings Inc. It will continue Delta Connection flights for Delta Air Lines Inc. It's already in the process of winding down its service with US Airways. Pinnacle said late Sunday that its current business model isn't sustainable. In its filing Sunday, it lists $1.42 billion in debt and $1.54 billion in assets. It ended the third quarter â the most recent quarter for which financial results are available â with just $81.8 million in cash and cash equivalents. The airline lost $8.8 million in the first nine months of this fiscal year in contrast to a profit of $17 million in the same period a year earlier. Revenue improved in that time, but costs accelerated at a faster pace. Traffic in the first two months of the year was virtually flat while the carrier dramatically scaled back its number of available seats. After a review, the company's board decided that reorganization under Chapter 11 was its best option. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]guild wars 2 gold[/url] 2012, Knoxville News Sentinel Co. Want to use this article? Click here for options! 2012 Knoxville News Sentinel. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. xboter 2014