ExpressJet (XJT) Reports May Traffic Results
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ExpressJet Holdings (NYSE: XJT) announced traffic and capacity results for May 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 (NYSE: CAL) and Delta Air Lines (NYSE: DAL) 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.
Contract Flying
During the month, ExpressJet revenue passenger miles (RPM) under contract flying totaled 754 million, and available seat miles (ASM) flown were 933 million. ExpressJet's May load factor was 80.8%. The company flew 62,826 block hours and operated 33,006 departures during the month.
Branded Flying
During the month, ExpressJet branded RPMs totaled 168 million on 239 million ASMs, resulting in a May load factor of 70.3%. The company flew 13,750 block hours and operated 7,161 departures during the month. The average stage length in the branded operation was 671 miles.[SM]
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