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Latest Business News

Pinnacle Shares Fall on NWA Bid Request

Monday, December 12, 2005 5:13:34 PM

MINNEAPOLIS (AP) - Northwest Airlines Corp. has requested bids for flying some of its smaller jets, prompting a sell-off of the shares of regional partner Pinnacle Airlines Corp.

Pinnacle said it and other companies it didn't name have been asked by Northwest to submit proposals for operating regional jets up to 76 seats. The request was for a fleet comparable to Pinnacle's, the company said.

Pinnacle and MAIR Holdings Inc.'s Mesaba Airlines operate "Northwest Airlink" flights that feed passengers into Northwest hubs. Northwest filed for bankruptcy protection on Sept. 14, and Mesaba followed on Oct. 13.


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