ExpressJet Reports September 2010 Performance

Oct 11, 2010, 17:49 ET from ExpressJet Holdings, Inc.

HOUSTON, Oct. 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 September 2010.

Partner Flying

During the month, ExpressJet revenue passenger miles (RPM) totaled 737 million, and available seat miles (ASM) flown were 939 million.  ExpressJet's September load factor for Partner Flying was 78.5%.  The company flew 59,646 block hours and operated 34,897 departures during the month as Continental Express and United Express.  During September 2010, ExpressJet operated 206 aircraft as Continental Express and 32 aircraft as United Express.

Corporate Aviation

ExpressJet flew 612 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 September 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.  Also during the month, ExpressJet determined that it will cease selling Corporate Aviation (charter) flights during fourth quarter 2010.  The company continues to pursue various strategic opportunities for the aircraft since it expects Corporate Aviation (charter) operations to cease during the second half of 2011.

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 September 30, 2010

Month Ending September 30, 2009

Year Over Year Change

Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation

Partner Flying

Corporate Aviation

Revenue Passenger Miles (millions)

737

617

20%

Available Seat Miles (ASM) (millions)

939

808

16%

Passenger Load Factor

78.5%

76.3%

2.2 pts

Block Hours

59,646

612

51,409

641

16%

(4%)

Departures

34,897

28,289

23%

Stage Length

539

573

(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)

7,142

5,852

22%

Available Seat Miles (ASM) (millions)

8,984

7,589

18%

Passenger Load Factor

79.5%

77.1%

2.4 pts

Block Hours

573,786

7,163

490,848

16,469

17%

(57%)

Departures

321,975

260,884

23%

Stage Length

559

583

(4%)

Fleet

232

12

214

30

8%

(59%)

SOURCE ExpressJet Holdings, Inc.



RELATED LINKS

http://www.expressjet.com