Pinnacle Airlines Can Take Delta’s $74 Million Loan

Pinnacle Airlines Corp. (PNCLQ) , the bankrupt airline won approval to borrow as much as $74.3 million from Delta Airlines Inc. after a judge overruled objections from a group of shareholders.

Best Airlines for Redeeming Miles

Ready to redeem your frequent-flier miles and reward points for a plane ticket? You'll probably get a seat on Southwest, but good luck with Delta, at least at the basic redemption level. Southwest Airlines ...

USW Objects to Pinnacle Airline's Bankruptcy Financing, Citing Unfair Conditions Set by Delta Airlines

PITTSBURGH, May 10, 2012 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that the union has filed an objection in U.S. Bankruptcy Court for the Southern District of New York to Pinnacle Airlines, Inc.'s motion for approval Debtor in Possession (DIP) financing provided by Delta Airlines.

When an Airline Buys an Oil Refinery

By EconMatters The biggest news in the airline sector of late is probably the announcement by Delta Airlines to buy a Phillips 66 refinery in Trainer, PA. Delta will pay

Bankruptcy court OKs $74.3M in financing for Pinnacle Airlines

The funding is being provided by Delta Air Lines, the regional carrier’s airline partner.