ExpressJet Reports November 2005 Performance

HOUSTON, Dec. 1 /PRNewswire-FirstCall/ — ExpressJet Holdings today announced increased traffic and capacity in November 2005 for its Continental Express operating fleet.

During the month, ExpressJet revenue passenger miles (RPMs) totaled 758.9 million, up 19.6 percent over November 2004, and available seat miles (ASMs) increased by 14.0 percent compared with November 2004. ExpressJet’s November load factor was 76.4 percent, a 3.6 point increase over November 2004. The company flew 68,709 block hours, compared with 61,388 block hours in November 2004, and operated 37,262 departures, versus 33,677 departures in November 2004.

Also in November 2005, ExpressJet operated at a 99.9 percent controllable completion factor, which excludes cancellations due to weather and air traffic control. ExpressJet had a total completion factor of 98.7 percent during the month. In November 2004, ExpressJet’s controllable completion factor was 99.9 percent and its total completion factor was 98.5 percent.

During the month, ExpressJet accepted delivery of one 50-seat Embraer ERJ- 145XR aircraft, bringing the company’s total operating fleet to 264 jets.

ExpressJet Holdings has strategic investments in the air transportation sector, including ExpressJet Airlines, Inc. and ExpressJet Services, LLC. ExpressJet Airlines operates a fleet of 264 Embraer regional jets as Continental Express to 152 destinations in the United States, Canada, Mexico, Central America and the Caribbean, and plans to provide third-party training through its Training Services division. ExpressJet Services, LLC provides third-party repair services. The company is the sole stockholder of these subsidiaries and also invests in other entities that permit it to leverage the management experience, efficiencies and economies of scale present in its subsidiaries. For more information, visit http://www.expressjet.com/ .

                        PRELIMINARY TRAFFIC RESULTS    November                    2005              2004        Change    Revenue Passenger    Miles (000)             758,954           634,767          19.6 Percent    Available Seat    Miles (000)             993,965           871,573          14.0 Percent    Passenger Load Factor       76.4 Percent      72.8 Percent   3.6 Points    Block Hours               68,709            61,388          11.9 Percent    Departures                37,262            33,677          10.6 Percent     YEAR-TO-DATE                2005              2004        Change    Revenue Passenger    Miles (000)           8,120,742         6,753,627          20.2 Percent    Available Seat    Miles (000)          10,889,535         9,472,703          15.0 Percent    Passenger Load Factor       74.6 Percent      71.3 Percent   3.3 Points    Block Hours              752,083           663,817          13.3 Percent    Departures               409,979           369,587          10.9 Percent  

ExpressJet Holdings

CONTACT: Investor Relations of ExpressJet Holdings, +1-713-324-4755, orxjtinvestor@expressjet.com

Web site: http://www.expressjet.com/