ExpressJet Reports November 2005 Performance
Posted on: Thursday, 1 December 2005, 18:00 CST
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/
Source: PRNewswire-FirstCall
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