HOUSTON, June 11 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. , 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 http://www.expressjet.com/.
EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES PRELIMINARY STATISTICS Month Ending May Month Ending May Year Over Year 30, 2010 30, 2009 Change Partner Corporate Partner Corporate Partner Corporate Flying Aviation Flying Aviation Flying 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%) Partner Corporate Partner Corporate Partner Corporate Year to date Flying Aviation Flying Aviation Flying 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%)
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ExpressJet Holdings, Inc.
CONTACT: Investor Relations of ExpressJet Holdings, Inc.,
+1-832-353-3333, 1-877-958-NEWS toll free
Web Site: http://www.expressjet.com/
