ExpressJet (XJT) Reports September Traffic Results

October 13, 2008 6:17 PM EDT

ExpressJet Holdings (NYSE: XJT) announced traffic and capacity results for September 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. As previously announced in July, the company suspended flying on September 1 under both the capacity purchase agreement and pro-rate agreement with Delta and under ExpressJet's branded operation due to record-breaking fuel prices.

Contract Flying:
During the month, ExpressJet revenue passenger miles (RPM) under contract flying totaled 518 million, and available seat miles (ASM) flown were 732 million. ExpressJet's August load factor was 70.8%. The company flew 47,348 block hours and operated 25,496 departures during the month.

Branded Flying:
During the month, ExpressJet branded RPMs totaled 3 million on 4 million ASMs, resulting in a September load factor of 75%. During its single day of operation during the month, the company flew 211 block hours and operated 123 departures.

ExpressJet Holdings, Inc. (Holdings) has investments in the air transportation industry.

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