ExpressJet Reports April 2010 Performance
HOUSTON, May 12 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. (NYSE: XJT), parent company of regional and charter airline operator, ExpressJet Airlines, Inc., today reported traffic and capacity results for April 2010.
Partner Flying
During the month, ExpressJet revenue passenger miles (RPM) totaled 794 million, and available seat miles (ASM) flown were 998 million. ExpressJet's April load factor for Partner Flying was 79.5%. The company flew 62,487 block hours and operated 35,343 departures during the month as Continental Express and United Express. During April 2010, ExpressJet operated an average of 206 aircraft as Continental Express and an average of 22 aircraft as United Express.
Corporate Aviation
ExpressJet flew 587 block hours during the month in its Corporate Aviation (charter) division. During the month, ExpressJet's fleet within the Corporate Aviation division consisted of 14 aircraft.
Total Fleet
ExpressJet ended April 2010 with a fleet of 244 aircraft consisting of 206 operating as Continental Express, 22 flying as United Express and 14 flying within Corporate Aviation (charter). The remaining two aircraft were in modification lines preparing to enter the United Express operation.
About ExpressJet
ExpressJet Holdings operates several divisions designed to leverage the management experience, efficiencies and economies of scale present in its subsidiaries, including ExpressJet Airlines, Inc. and ExpressJet Services, LLC. ExpressJet Airlines serves 134 scheduled destinations in North America and the Caribbean with approximately 1,200 departures per day. Operations include capacity purchase agreements for United and Continental as well as providing clients customized 50-seat charter options; and supplying third-party aviation and ground handling services. For more information, visit www.expressjet.com.
EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES |
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PRELIMINARY STATISTICS |
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Month Ending April 30, |
Month Ending April 30, |
Year Over Year Change |
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Partner |
Corporate |
Partner |
Corporate |
Partner |
Corporate |
|||||
Revenue Passenger Miles (millions) |
794 |
639 |
24% |
|||||||
Available Seat Miles (ASM) (millions) |
998 |
834 |
20% |
|||||||
Passenger Load Factor |
79.5% |
76.7% |
2.8 pts |
|||||||
Block Hours |
62,487 |
587 |
54,671 |
489 |
14% |
20% |
||||
Departures |
35,343 |
28,412 |
24% |
|||||||
Stage Length |
566 |
588 |
(4%) |
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Fleet |
228 |
16 |
214 |
30 |
6% |
(46%) |
||||
Year to date |
Partner |
Corporate |
Partner |
Corporate |
Partner |
Corporate |
||||
Revenue Passenger Miles (millions) |
2,865 |
2,348 |
22% |
|||||||
Available Seat Miles (ASM) (millions) |
3,740 |
3,220 |
16% |
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Passenger Load Factor |
76.6% |
72.9% |
3.7 pts |
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Block Hours |
239,743 |
3,614 |
212,277 |
3,720 |
13% |
(3%) |
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Departures |
131,306 |
109,470 |
20% |
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Stage Length |
571 |
590 |
(3%) |
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Fleet |
225 |
19 |
214 |
30 |
5% |
(37%) |
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* Includes 2 aircraft in various modification lines preparing for the multiyear arrangement that begins with United in May 2010. |
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SOURCE ExpressJet Holdings, Inc.
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