ExpressJet to Suspend Branded Commercial Passenger Flight Operations
Posted on: Wednesday, 9 July 2008, 09:00 CDT
ExpressJet Airlines has announced that it will cease its branded commercial passenger flight operations on September 2, 2008, as it has mutually agreed to terminate its agreements with Delta Air Lines, effective September 1, 2008.
The 39 aircraft currently used in these operations will be among those returned to the lessor no later than June 2009.
ExpressJet Airlines will continue flying a fleet of 205 aircraft as Continental Express to more than 150 destinations, and will continue to serve charter customers with a fleet of 30 aircraft through ExpressJet Corporate Aviation.
Jim Ream, president and CEO of ExpressJet, said: "On behalf of everyone at ExpressJet Airlines, I would like to express our gratitude to the communities that provided such a warm welcome and were always supportive of our branded service. If we had any other choice, we would not take this difficult action. However, rising fuel prices have made the operation impossible to sustain."
Source: Datamonitor
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