Pinnacle poised for coming industry contract shifts
Standing pat with solid contracts that do not change for another seven years, Pinnacle, which a market capitalization of about USD144 million as of 01-Feb-2010, is casting about for more opportunities in picking up business, as contracts between other regionals and their major contracts begin to expire. Chair and CEO Phil Trenary noted all the contracts expiring between now and 2017. That, coupled with its low-cost fleet, offer up opportunities to win the competition for new business, he said.
