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ExpressJet Reports October 2010 Performance


News provided by

ExpressJet Holdings, Inc.

Nov 11, 2010, 04:30 ET

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HOUSTON, Nov. 11, 2010 /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 October 2010.

Partner Flying

During the month, ExpressJet revenue passenger miles (RPM) totaled 800 million, and available seat miles (ASM) flown were 986 million.  ExpressJet's October load factor for Partner Flying was 81.2%.  The company flew 62,398 block hours and operated 36,697 departures during the month as Continental Express and United Express.  During October 2010, ExpressJet operated 206 aircraft as Continental Express and 32 aircraft as United Express.

Corporate Aviation

ExpressJet flew 596 block hours during the month in its Corporate Aviation (charter) division.  During the month, ExpressJet's fleet within the Corporate Aviation (charter) division consisted of 6 aircraft.

Total Fleet

ExpressJet ended October 2010 with a fleet of 244 aircraft consisting of 206 operating as Continental Express, 32 flying as United Express and 6 flying within the Corporate Aviation (charter) division.

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 135 scheduled destinations in North America and the Caribbean with approximately 1,400 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
October 31,
2010


Month Ending
October 31,
2009


Year Over Year
Change



Partner
Flying

Corporate
Aviation


Partner
Flying

Corporate
Aviation


Partner
Flying

Corporate
Aviation











Revenue Passenger Miles (millions)


800



667



20%


Available Seat Miles (ASM) (millions)


986



848



16%


Passenger Load Factor


81.2%



78.7%



2.5 pts


Block Hours


62,398

596


55,469

635


12%

(6%)

Departures


36,697



29,830



23%


Stage Length


538



571



(6%)


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)


7,939



6,518



22%


Available Seat Miles (ASM) (millions)


9,970



8,437



18%


Passenger Load Factor


79.6%



77.3%



2.4 pts


Block Hours


636,184

7,759


546,317

17,105


16%

(55%)

Departures


358,671



290,714



23%


Stage Length


557



582



(4%)


Fleet


230

14


214

30


7%

(52%)

SOURCE ExpressJet Holdings, Inc.

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