XJT Expressjet Holdings Inc.

HOUSTON, Jan. 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 December 2009 and announced its expected fleet allocation for 2010. Scheduled Flying During the month, ExpressJet revenue passenger miles (RPM) totaled 692 million, and available seat miles (ASM) flown were 873 million. ExpressJet's December load factor, operating as Continental Express, was 79.3%. The company flew 57,465 block hours and operated 29,975 departures during the month as Continental Express. During the month, ExpressJet transitioned four aircraft from its Continental Express flying to begin preparing for the multi-year agreement that begins with United Airlines in May 2010. Corporate Aviation ExpressJet flew 2,336 block hours during the month in its Corporate Aviation (charter) division, including 1,639 block hours flown under a short-term arrangement with United Airlines that began December 1. During the month, ExpressJet's fleet within the Corporate Aviation division consisted of eight 41-seat aircraft and 22 50-seat aircraft. 2010 Fleet Allocation As previously announced, ExpressJet 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. With the addition of this flying, ExpressJet expects its 2010 fleet to equal 244 aircraft allocated as follows: -- 206 aircraft flying as Continental Express; -- 22 aircraft flying as United Express, increasing to 32 aircraft from May to October 2010; and -- 16 aircraft operating within the charter division, decreasing to six aircraft from May to October 2010. The eight aircraft being transitioned from Continental Express are being subleased by ExpressJet. 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 December 31, 2009 December 31, 2008 Continental Corporate Continental Corporate Express Aviation Express Aviation ----------- --------- ----------- --------- Revenue Passenger Miles (millions) 692 625 Available Seat Miles (ASM) (millions) 873 807 Passenger Load Factor 79.3% 77.4% Block Hours 57,465 2,336 54,202 572 Departures 29,975 27,488 Stage Length 584 589 Fleet 214 30 214 30 Continental Corporate Continental Corporate Year to date Express Aviation Express Aviation ----------- --------- ----------- --------- Revenue Passenger Miles (millions) 7,848 7,857 Available Seat Miles (ASM) (millions) 10,142 10,176 Passenger Load Factor 77.4% 77.2% Block Hours 656,790 20,509 686,684 8,280 Departures 349,733 358,631 Stage Length 582 582 Fleet 214 30 207 16 Year Over Year Change Continental Corporate Express Aviation ----------- --------- Revenue Passenger Miles (millions) 11% Available Seat Miles (ASM) (millions) 8% Passenger Load Factor 2.0 pts Block Hours 6% n/m Departures 9% Stage Length (1%) Fleet 0% 0% Continental Corporate Year to date Express Aviation ----------- --------- Revenue Passenger Miles (millions) (0%) Available Seat Miles (ASM) (millions) (0%) Passenger Load Factor 0.2 pts Block Hours (4%) n/m Departures (2%) Stage Length 0% Fleet 3% 87% DATASOURCE: ExpressJet Holdings, Inc. CONTACT: Kristy Nicholas, ExpressJet Holdings, Inc., +1-832-353-3333, +1-877-958-NEWS Web Site: http://www.expressjet.com/

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