ExpressJet Reports November 2009 Performance

2009-12-14
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  • ExpressJet During the month, ExpressJet revenue passenger miles (RPM) totaled 638 million, and available seat miles (ASM) flown were 833 million.

    ExpressJet Holdings, Inc. (NYSE:XJT) , parent company of regional and charter airline operator, ExpressJet Airlines, Inc., today reported traffic and capacity results for November 2009.

    Scheduled Flying

    During the month, ExpressJet revenue passenger miles (RPM) totaled 638 million, and available seat miles (ASM) flown were 833 million. ExpressJet's November load factor, operating as Continental Express, was 76.5%. The company flew 53,009 block hours and operated 29,044 departures during the month as Continental Express.

    During the month, ExpressJet also announced that it will operate 22 ERJ-145 aircraft under the United Express brand beginning in May 2010. Prior to May 1, 2010, ExpressJet will operate up to 22 aircraft under a short-term arrangement for United to assist with the transition of flying from their previous partner. The arrangement began with three aircraft on December 1, and is scheduled to increase to 22 aircraft by March 2010. These aircraft will be sourced from ExpressJet's corporate aviation division and related traffic results will be included in the next monthly traffic release.

    Corporate Aviation

    ExpressJet flew 1,069 block hours during the month in its Corporate Aviation (charter) division. ExpressJet's fleet within the Corporate Aviation division consisted of eight 41-seat aircraft and 22 50-seat aircraft.

    All Flying

    ExpressJet had a total of 244 planes in its fleet during November - 214 allocated to flying as Continental Express and 30 operating in its Corporate Aviation division.

                           EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES
    PRELIMINARY STATISTICS

    Month Ending Month Ending
    November 30, 2009 November 30, 2008

    Continental Corporate Continental Corporate
    Express Aviation Express Aviation
    ----------- --------- ----------- ---------

    Revenue Passenger
    Miles (millions) 638 565
    Available Seat Miles
    (ASM) (millions) 833 760
    Passenger Load Factor 76.5% 74.4%
    Block Hours 53,009 1,069 49,808 722
    Departures 29,044 25,957
    Stage Length 575 587
    Fleet 214 30 214 30


    Continental Corporate Continental Corporate
    Year to date Express Aviation Express Aviation
    ----------- --------- ----------- ---------

    Revenue Passenger
    Miles (millions) 7,156 7,233
    Available Seat Miles
    (ASM) (millions) 9,270 9,368
    Passenger Load Factor 77.2% 77.2%
    Block Hours 599,326 18,173 632,482 7,708
    Departures 319,758 331,143
    Stage Length 581 581
    Fleet 214 30 207 15






    Year Over Year Change

    Continental Corporate
    Express Aviation
    ----------- ---------

    Revenue Passenger
    Miles (millions) 13%
    Available Seat Miles
    (ASM) (millions) 10%
    Passenger Load Factor 2.1 pts
    Block Hours 6% 48%
    Departures 12%
    Stage Length (2%)
    Fleet n/m n/m


    Continental Corporate
    Year to date Express Aviation
    ----------- ---------

    Revenue Passenger
    Miles (millions) (1%)
    Available Seat Miles
    (ASM) (millions) (1%)
    Passenger Load Factor n/m
    Block Hours (5%) n/m
    Departures (3%)
    Stage Length n/m
    Fleet 4% n/m


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