Eurosatory 2026: Iran’s attacks on UAE have “accelerated” Edge’s plans, says company
The UAE’s Edge has undergone massive changes since it was formed in 2019, from acquisitions to partnerships, and has now set up a European division in Paris.
Pinnacle gets its anticipated tax refund
Pinnacle Airlines Corporation has received its 2009 federal income tax refund totalling approximately $38 million.
The company also repaid a $10 million working capital loan upon receipt of the income tax refund.
“In early 2009, we created a plan to maintain a strong working capital position while repaying our $121 million par amount of 3.25% convertible notes in February 2010,” said Peter Hunt, chief financial officer of Pinnacle Airlines Corp. “Receipt of this tax refund is the last step in our plan.”
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