Executives at Pinnacle Airlines Corp. may have to make a decision on whether to shift its corporate headquarters from Memphis to the Twin Cities within the next two weeks. Unless the landlord renegotiates, Finance & Commerce reports Pinnacle must decide by the end of November whether to keep or reject the lease at the Spectrum Commerce Center in Eagan. A Pinnacle spokesman said both Minnesota and Tennessee are offering incentives packages.
The 50,000-sqare-foot Eagan office space was home to Mesaba Airlines before Pinnacle acquired the carrier in July 2010 and moved the operations to Tennessee.
Pinnacle, which flies regional jets for Delta Air Lines, filed for Chapter 11 bankruptcy reorganization in April.