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Pinnacle Airlines Corp.

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Case overview

Case Number:

1:12-bk-11343

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

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  1. April 17, 2013

    Delta To Land Pinnacle Airlines After Ch. 11 Plan Approval

    Delta Air Lines Inc.'s purchase of Pinnacle Airlines Corp. will proceed after the regional carrier on Wednesday earned a New York bankruptcy judge's approval of its Chapter 11 reorganization plan.

  2. March 07, 2013

    Pinnacle Closer To Joining Delta As Ch. 11 Plan Outline OK'd

    Pinnacle Airlines Corp. may begin soliciting votes for its Chapter 11 plan after obtaining a New York bankruptcy judge's approval Thursday of its plan outline, whereby it will become a wholly owned subsidiary of Delta Air Lines Inc.

  3. January 16, 2013

    Pinnacle's Liquidation Fears Fade As Financing Arrives

    A New York bankruptcy judge on Wednesday approved a group of deals with creditors, pilots and Delta Air Lines Inc. that will provide regional carrier Pinnacle Airlines Corp. an extra $52 million in loan financing that will save it from being forced to liquidate.

  4. January 14, 2013

    Pinnacle Gets 90 More Days To File Chapter 11 Plan

    A New York bankruptcy judge on Monday gave Pinnacle Airlines Corp. an extra 90 days to file a Chapter 11 reorganization plan following "intense" negotiations with a pilot union and a fast-approaching Jan. 25 deadline to finalize deals with pilots and creditors.

  5. January 03, 2013

    Pinnacle Asks Judge To OK $52M Deals With Pilots, Delta

    Pinnacle Airlines Corp. on Wednesday sought a New York bankruptcy judge's permission to increase its available financing by $52 million under new agreements with its lender, Delta Air Lines Inc., that it says is crucial to its eventual exit from Chapter 11 bankruptcy.

  6. November 16, 2012

    Pinnacle Judge Keeps Pilots Union Ruling Under Wraps

    Pinnacle Airlines Corp.'s pilots union will remain in the dark for now on whether the airline can reject its collective bargaining agreement, after a New York bankruptcy judge filed — under seal — his decision on the debtor's request Thursday.

  7. September 14, 2012

    Pinnacle Moves to Scrap Pilot, Flight Attendant Contracts

    With negotiations for labor concessions apparently stalled, Pinnacle Airlines Corp. met a self-imposed deadline on Thursday and asked a New York bankruptcy court judge to scrap its contracts with its pilots and flight attendants.

  8. May 16, 2012

    Pinnacle Judge Approves $74M DIP Loan From Delta

    A New York bankruptcy judge on Wednesday approved Pinnacle Airlines Corp.'s $74.3 million debtor-in-possession package from Delta Air Lines Inc. over objections from equity holders, which had argued that the loan is a shotgun deal that comes with too many strings attached.

  9. May 11, 2012

    Steelworkers Object To Pinnacle's $74M DIP Deal With Delta

    The United Steelworkers objected in a New York court Thursday to Pinnacle Airlines Corp.'s request for $74.3 million in financing, claiming the proposed package comes with conditions that would hamstring the bankrupt regional airline and impair collective bargaining with the union.

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