ExpressJet Reports November 2009 Performance
December 11 2009 - 4:45PM
PR Newswire (US)
HOUSTON, Dec. 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 November 2009. Scheduled Flying During the
month, ExpressJet revenue passenger miles (RPM) totaled 638
million, and available seat miles (ASM) flown were 833 million.
ExpressJet's November load factor, operating as Continental
Express, was 76.5%. The company flew 53,009 block hours and
operated 29,044 departures during the month as Continental Express.
During the month, ExpressJet also announced that it will operate 22
ERJ-145 aircraft under the United Express brand beginning in May
2010. Prior to May 1, 2010, ExpressJet will operate up to 22
aircraft under a short-term arrangement for United to assist with
the transition of flying from their previous partner. The
arrangement began with three aircraft on December 1, and is
scheduled to increase to 22 aircraft by March 2010. These aircraft
will be sourced from ExpressJet's corporate aviation division and
related traffic results will be included in the next monthly
traffic release. Corporate Aviation ExpressJet flew 1,069 block
hours during the month in its Corporate Aviation (charter)
division. ExpressJet's fleet within the Corporate Aviation division
consisted of eight 41-seat aircraft and 22 50-seat aircraft. All
Flying ExpressJet had a total of 244 planes in its fleet during
November - 214 allocated to flying as Continental Express and 30
operating in its Corporate Aviation 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 130
scheduled destinations in North America and the Caribbean with
approximately 1,100 departures per day. Operations include a
capacity purchase agreement for Continental as well as an announced
agreement with United; providing clients customized 41-seat and
50-seat charter options (http://www.expressjet.com/charter); and
supplying third-party aviation and ground handling services. For
more information, visit http://www.expressjet.com/. EXPRESSJET
HOLDINGS, INC. AND SUBSIDIARIES PRELIMINARY STATISTICS Month Ending
Month Ending November 30, 2009 November 30, 2008 Continental
Corporate Continental Corporate Express Aviation Express Aviation
----------- --------- ----------- --------- Revenue Passenger Miles
(millions) 638 565 Available Seat Miles (ASM) (millions) 833 760
Passenger Load Factor 76.5% 74.4% Block Hours 53,009 1,069 49,808
722 Departures 29,044 25,957 Stage Length 575 587 Fleet 214 30 214
30 Continental Corporate Continental Corporate Year to date Express
Aviation Express Aviation ----------- --------- -----------
--------- Revenue Passenger Miles (millions) 7,156 7,233 Available
Seat Miles (ASM) (millions) 9,270 9,368 Passenger Load Factor 77.2%
77.2% Block Hours 599,326 18,173 632,482 7,708 Departures 319,758
331,143 Stage Length 581 581 Fleet 214 30 207 15 Year Over Year
Change Continental Corporate Express Aviation ----------- ---------
Revenue Passenger Miles (millions) 13% Available Seat Miles (ASM)
(millions) 10% Passenger Load Factor 2.1 pts Block Hours 6% 48%
Departures 12% Stage Length (2%) Fleet n/m n/m Continental
Corporate Year to date Express Aviation ----------- ---------
Revenue Passenger Miles (millions) (1%) Available Seat Miles (ASM)
(millions) (1%) Passenger Load Factor n/m Block Hours (5%) n/m
Departures (3%) Stage Length n/m Fleet 4% n/m DATASOURCE:
ExpressJet Holdings, Inc. CONTACT: Kristy Nicholas, 1-832-353-3333
direct, 1-877-958-NEWS toll free Web Site:
http://www.expressjet.com/
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