Since its
inception, Pinnacle Air has purchased two fixed-base operators (FBOs)
and 12 multimillion dollar jets that operate throughout North
America. It logs 50-60 hours of flight
time per plane per month. Pinnacle Air's investors surveyed some
"key potential customers early on and found that there was not
another premier operator in the region with first-class
equipment, and professionally trained / two-man crews.
There
also was no competitor with anywhere near the level of liability
insurance coverage Pinnacle Air was prepared to offer -- $100
million -- which is critical for a firm that wants to fly
corporate executives and the super wealthy across the country.