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ExpressJet Reports May 2010 Performance

Block Hours increase 23% versus 2009


News provided by

ExpressJet Holdings, Inc.

Jun 11, 2010, 05:22 ET

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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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