ExpressJet Reports May 2010 Performance

Block Hours increase 23% versus 2009

News provided by

ExpressJet Holdings, Inc.

Jun 11, 2010, 05:22 ET

HOUSTON, June 11 /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 May 2010.

(Logo:  http://photos.prnewswire.com/prnh/20080221/NYFNSN01LOGO)

Partner Flying

During the month, ExpressJet revenue passenger miles (RPM) totaled 834 million, and available seat miles (ASM) flown were 1,028 million.  ExpressJet's May load factor for Partner Flying was 81.1%.  The company flew 65,250 block hours and operated 36,917 departures during the month as Continental Express and United Express.  During May 2010, ExpressJet operated 206 aircraft as Continental Express and 32 aircraft as United Express.

Corporate Aviation

ExpressJet flew 559 block hours during the month in its Corporate Aviation (charter) division.  During the month, ExpressJet's fleet within the Corporate Aviation division consisted of 6 aircraft.

Total Fleet

ExpressJet ended May 2010 with a fleet of 244 aircraft consisting of 206 operating as Continental Express, 32 flying as United Express and 6 flying within Corporate Aviation (charter).  During the month of May, ExpressJet completed its transition of aircraft from its charter operation to its United Express operation.  This transition led to a year-over-year increase in Partner Flying block hours of 23% while Corporate Aviation (charter) block hours remained nearly flat year-over-year.

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

PRELIMINARY STATISTICS




Month Ending May 30, 2010

Month Ending May 30, 2009

Year Over Year Change


Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation










Revenue Passenger Miles (millions)

834

649

29%

Available Seat Miles (ASM) (millions)

1028

829

24%

Passenger Load Factor

81.1%

78.2%

2.9 pts

Block Hours

65,250

559

53,023

595

23%

(6% )

Departures

36,917

28,715

29%

Stage Length

558

579

(4%)

Fleet

238

6

214

30

11%

(80%)










Year to date

Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation










Revenue Passenger Miles (millions)

3,699

2,997

23%

Available Seat Miles (ASM) (millions)

4,768

4,049

18%

Passenger Load Factor

77.6%

74.0%

3.6 pts

Block Hours

304, 993

4,172

265,300

4,314

15%

(3%)

Departures

168, 223

138,185

22%

Stage Length

568

588

(3%)

Fleet

228

16

214

30

7%

(46%)

SOURCE ExpressJet Holdings, Inc.

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