Court order restricts trading in equity and debt of Pinnacle Airlines Corp., affiliates

MEMPHIS, Tenn., 19 April 2012. The United States Bankruptcy Court for the Southern District of New York has entered an order that imposes substantial restrictions on trading in equity interests in and debt claims against Pinnacle Airlines Corp. (NASDAQ:PNCL) and affiliates.

The case number for the bankruptcy action is 12-11343. A copy of the order is available at: http://dm.epiq11.com/PinnacleAirlines.

Davis Polk & Wardwell LLP and Akin Gump Strauss Hauer & Feld LLP are serving as the company's legal advisors in the restructuring. Barclays Capital and Seabury Group LLC are serving as financial advisors.



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