ExpressJet (XJT) Reports March '10 Traffic Results

April 12, 2010 6:15 PM EDT
ExpressJet Holdings, Inc. (NYSE: XJT) reported traffic and capacity results for March 2010.

Partner Flying: During the month, ExpressJet revenue passenger miles (RPM) totaled 813 million, and available seat miles (ASM) flown were 1,023 million. ExpressJet's March load factor for Partner Flying was 79.4%. The company flew 65,323 block hours and operated 36,078 departures during the month as Continental Express and United Express. During March 2010, ExpressJet operated an average of 208 aircraft as Continental Express and an average of 22 aircraft as United Express.

Corporate Aviation: ExpressJet flew 759 block hours during the month in its Corporate Aviation (charter) division. During the month, ExpressJet's fleet within the Corporate Aviation division consisted of 10 aircraft.

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. [SM]

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