ExpressJet Reports September 2009 Performance
HOUSTON, Oct. 12 /PRNewswire-FirstCall/ -- ExpressJet Holdings (NYSE: XJT) today announced traffic and capacity results for September 2009 for its ExpressJet Airlines subsidiary.
Scheduled Flying
During the month, ExpressJet revenue passenger miles (RPM) totaled 617 million, and available seat miles (ASM) flown were 808 million. ExpressJet's September load factor, operating as Continental Express, was 76.3%. The company flew 51,409 block hours and operated 28,289 departures during the month as Continental Express.
Corporate Aviation
ExpressJet flew 641 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 September - 214 allocated to flying as Continental Express and 30 operating in its Corporate Aviation division.
About ExpressJet
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. ExpressJet Airlines serves 128 scheduled destinations in North America and the Caribbean with approximately 1,160 departures per day. Operations include a capacity purchase agreement for Continental; providing clients customized 41-seat and 50-seat charter options (www.expressjet.com/charter); and supplying third-party aviation and ground handling services. For more information, visit www.expressjet.com.
EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES PRELIMINARY STATISTICS Month Ending Month Ending Year Over Year September 30, 2009 September 30, 2008 Change Conti- Corporate Conti- Corporate Conti- Corporate -nental Aviation -nental Aviation -nental Aviation Express Express Express Revenue Passenger Miles (millions) 617 517 19% Available Seat Miles (ASM) (millions) 808 730 11% Passenger Load Factor 76.3% 70.8% 5.5 pts Block Hours 51,409 641 47,281 518 9% 24% Departures 28,289 25,461 11% Stage Length 573 582 (1%) Fleet 214 30 205 22 4% 39% YTD Ending YTD Ending Year Over Year September 30, 2009 September 30, 2008 Change Conti- Corporate Conti- Corporate Conti- Corporate -nental Aviation -nental Aviation -nental Aviation Express Express Express Revenue Passenger Miles (millions) 5,852 6,051 (3%) Available Seat Miles (ASM) (millions) 7,589 7,794 (3%) Passenger Load Factor 77.1% 77.6% (0.5) pts Block Hours 490,848 16,469 529,583 6,484 (7%) n/m Departures 260,884 277,127 (6%) Stage Length 583 580 1% Fleet 214 30 205 11 4% n/mSOURCE ExpressJet Holdings
