Delta Air Lines regional subsidiary Pinnacle Airlines begins operating under the name Endeavor Air on August 1, marking the second name change for the airline established as Express Airlines I in February 1985. Operating as a Delta Connection partner since the Atlanta-based major absorbed Northwest Airlines in 2008, Pinnacle became a wholly owned Delta subsidiary in April following its emergence from bankruptcy. The regional airline recently moved its headquarters from Memphis to Minneapolis.
Pinnacle Airlines Corp.
Current Pinnacle Airlines COO John Spanjers will replace Sean Menke as chief executive of the Memphis, Tennessee-based regional airline group on June 1, Pinnacle said in a statement issued Thursday. Menke, who, according to Pinnacle, has chosen to resign from the company, has agreed to help with the leadership transition over the next five weeks.
Memphis-based Pinnacle Airlines last month announced that it had begun what it called a comprehensive program to cut costs and enhance liquidity, centering on initiatives to modify its agreements with mainline airline partners, equipment lessors, debt holders, real estate lessors and vendors.
Pinnacle Airlines bought Manassas, Va.-based Colgan Air for $20 million last month. The deal gives Memphis-based Pinnacle, which has flown exclusively for Northwest Airlines during its entire existence, immediate access to code-share revenue from Colgan partners Continental Airlines, United Airlines and US Airways.