ExpressJet Reports February 2010 Performance

HOUSTON, March 15 /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 February 2010.

Partner Flying

During the month, ExpressJet revenue passenger miles (RPM) totaled 619 million, and available seat miles (ASM) flown were 825 million.  ExpressJet's February load factor for Partner Flying was 75.1%.  The company flew 53,836 block hours and operated 28,927 departures during the month as Continental Express and United Express.  During February 2010, ExpressJet operated an average of 208 aircraft as Continental Express and an average of 16 aircraft as United Express.

Due to the severe winter weather in February 2010, ExpressJet cancelled 2,050 flights for weather and air traffic control reasons within its Continental Express and United Express operations.

Corporate Aviation

ExpressJet flew 1,227 block hours during the month in its Corporate Aviation (charter) division.  During the month, ExpressJet's fleet within the Corporate Aviation division consisted of 19 aircraft.

Total Fleet

ExpressJet ended February 2010 with a fleet of 244 aircraft consisting of 208 operating as Continental Express, 16 flying as United Express and 19 flying within Corporate Aviation (charter).  The remaining aircraft was in a modification line 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 1,045 departures per day.  Operations include capacity purchase agreements for Continental and United as well as providing clients customized 50-seat charter options (www.expressjet.com/charter); and supplying third-party aviation and ground handling services.  For more information, visit www.expressjet.com.

    
    
                     EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES
                              PRELIMINARY STATISTICS
    
                     Month Ending        Month Ending          Year Over
                   February 28, 2010   February 28, 2009      Year Change
                   Partner Corporate   Partner Corporate   Partner Corporate
                   Flying  Aviation    Flying  Aviation    Flying  Aviation
                   ------- ---------   ------- ---------   ------- ---------
                                                            
    Revenue Passenger
     Miles (millions)  619                 516                 20%          
    Available Seat 
     Miles (ASM) 
     (millions)        825                 735                 12%          
    Passenger Load
     Factor           75.1%               70.2%            4.9 pts          
    Block Hours     53,836     1,227    48,427     1,122       11%       9% 
    Departures      28,927              25,048                 15%          
    Stage Length       572                 589                 (3%)          
    Fleet              224       20*       214        30        4%     (32%)
    
    
    Year to date
                   Partner Corporate   Partner Corporate   Partner Corporate
                   Flying  Aviation    Flying  Aviation    Flying  Aviation
                   ------- ---------   ------- ---------   ------- ---------
    Revenue Passenger
     Miles (millions)1,258               1,046                 20%          
    Available Seat
     Miles (ASM) 
     (millions)      1,718               1,512                 14%          
    Passenger Load
     Factor           75.1%               69.2%            5.9 pts          
    Block Hours    111,932     2,268    99,897     2,319       12%      (2%)
    Departures      59,885              51,646                 16%          
    Stage Length       576                 588                 (2%)         
    Fleet              221        23       214        30        3%     (25%)
    
    
    * Includes 1 aircraft in various modification lines preparing for the
      multiyear arrangement that begins with United in May 2010.

SOURCE ExpressJet Holdings, Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED