Nice Catch for Pinnacle's New Colgan Air Acquisition
As you know, Pinnacle recently purchased Colgan Air.
Today it was announced that Colgan will be a new regional flying partner to Continental Airlines.
According to Bloomberg,
"Continental Airlines has selected a Pinnacle Airlines unit to fly 15 turboprops that will ferry passengers to its Newark, N.J., hub.
The flights by Pinnacle's Colgan Air will begin in early 2008, Houston-based Continental said Monday.
Continental and Memphis, Tenn.-based Pinnacle reached a 10-year contract for flying the 74-seat Bombardier Q400s.
The accord will let Continental collect passengers for its U.S. and international flights at Newark's Liberty International Airport from cities too small for larger planes. Pinnacle is a regional carrier spun off from Northwest Airlines Corp. in 2003.
The planes will operate under the Continental Connection name."