ExpressJet (XJT) Reports March Traffic

ExpressJet Holdings (NYSE: XJT) announced traffic and capacity results for March 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 742 million, and available seat miles (ASM) flown were 924 million. ExpressJet's March load factor was 80.3%. The company flew 63,299 block hours and operated 32,534 departures during the month.

Branded Flying - During the month, ExpressJet branded RPMs totaled 198 million on 273 million ASMs, resulting in a March load factor of 72.5%. The company flew 15,850 block hours and operated 8,139 departures during the month. The average stage length in the branded operation was 673 miles.

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

You May Also Be Interested In

• Delta Air Lines (DAL) PT Lowered to $102 at UBS, Buy Rating Maintained
• Truist on DigitalOcean (DOCN): 'attractive way to play higher pricing on compute'
• Softbank Said To Weigh Buying Largest Us Security Firm Allied - Bloomberg