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Bankruptcy reveals executive compensation at Pinnacle

Bankruptcy proceedings are making public some of the problems crippling Pinnacle Airlines, the parent company of Colgan Air, the operator of  Flight 3407, which claimed 50 lives when it crashed in Clarence Center in February 2009. 

As some of its pilots await overdue paychecks, filings with the Security and Exchange Commission reveal generous compensation packages for Pinnacle executives.

The Buffalo News reports the company gave its current CEO a $250,000 raise just a month prior to filing for bankruptcy.

Last year, a $1.7 million severance package was granted to the company's outgoing chief executive.

The investigation into the crash of Flight 3407 brought into question the regional airline's safety and pilot training standards.