ExpressJet Reports August 2008 Performance
Wednesday, September 17, 2008 5:31 PM
Symbols: XJT

HOUSTON, Sept. 17 /PRNewswire-FirstCall/ -- ExpressJet Holdings (NYSE: XJT) today announced traffic and capacity results for August 2008 for its ExpressJet Airlines subsidiary. The results include statistics for both contract and branded operations. The contract operation consists of flying for Continental Airlines and Delta Air Lines under capacity purchase agreements and ExpressJet's charter (corporate aviation) service. The branded operation includes flying under the ExpressJet name and pro-rate flying for Delta Air Lines.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080221/NYFNSN01LOGO )

Contract Flying

During the month, ExpressJet revenue passenger miles (RPM) under contract flying totaled 753 million, and available seat miles (ASM) flown were 961 million. ExpressJet's August load factor was 78.4%. The company flew 63,831 block hours and operated 33,393 departures during the month.

Branded Flying

During the month, ExpressJet branded RPMs totaled 168 million on 211 million ASMs, resulting in an August load factor of 79.6%. The company flew 12,328 block hours and operated 6,669 departures during the month. The average stage length in the branded operation was 636 miles.

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 operations include capacity purchase for mainline carriers and providing clients customized 50-seat charter options. ExpressJet Services is the North American partner to three major European original equipment manufacturers and provides composite, sheet metal, interior and thrust reverser repairs throughout five facilities in the United States. For more information, visit http://www.expressjet.com.


                  EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES
                            PRELIMINARY STATISTICS
    Month Ending August 31, 2008         Contract(1)     Branded      System
    Revenue Passenger Miles (millions)         753          168          938
    Available Seat Miles (ASM) (millions)      961          211        1,180
    Passenger Load Factor                     78.4%        79.6%        79.5%
    Block Hours                             63,831       12,328       76,622
    Departures                              33,393        6,669       40,336
    Stage Length                               594          636          601
    Year to Date                         Contract(1)     Branded      System
    Revenue Passenger Miles (millions)       5,794        1,365        7,216
    Available Seat Miles (ASM) (millions)    7,383        1,975        9,450
    Passenger Load Factor                     78.5%        69.1%        76.4%
    Block Hours                            501,087      114,793      621,845
    Departures                             261,067       59,784      324,764
    Stage Length                               584          663          597
    (1) Excludes charter since statistics on charter aircraft do not provide
        meaningful data for forecasting and are not reviewed by management.

SOURCE ExpressJet Holdings, Inc.

(Source: PR Newswire )

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