HOUSTON – ExpressJet (NYSE: XJT – News), dba Continental Express has earned bragging rights as the World’s largest regional air carrier. With the June performance stats out, the airline has surpassed its closest rival, American Eagle (NYSE: AMR – News) in both Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs), figures used by the industry when reporting traffic and capacity.
ExpressJet reported in June that it flew 538.9 million RPMs with 733.7 million ASMs versus American Eagle’s 426 million RPMs on 624.8 million ASMs. ExpressJet’s capacity increased 44.2% from June 2002 while American Eagle’s rose 18.1% year-over-year.
The Houston, TX based regional airline has grown by leaps and bounds as it accepted on average one new Embraer (NYSE: ERJ - News; Bovespa: EMBR3 EMBR4) jet per week over the past year. Their all-jet fleet now consists of 212 of the Brazilian-made aircraft. By year-end 2006, the fleet will have grown to 274 airframes with options to acquire 100 more. ExpressJet’s route structure spans from coast to coast from Continental’s three domestic hubs in Houston, Newark, and Cleveland. Nearly 100 cities in the U.S. are served by ExpressJet as well as 16 destinations in Mexico, five in Canada, and the Bahamas.
Since Sept. 11th, 2001, commuter carriers such as ExpressJet have been used extensively to replace large jet service and introduce new routes that help bring much needed revenue to their crippled mainline partners. Continental has even chosen to deploy regional jets on some of its longer routes such as Newark to Oklahoma City, a 1,324 mile trip that takes about four hours. ………………
ExpressJet reported in June that it flew 538.9 million RPMs with 733.7 million ASMs versus American Eagle’s 426 million RPMs on 624.8 million ASMs. ExpressJet’s capacity increased 44.2% from June 2002 while American Eagle’s rose 18.1% year-over-year.
The Houston, TX based regional airline has grown by leaps and bounds as it accepted on average one new Embraer (NYSE: ERJ - News; Bovespa: EMBR3 EMBR4) jet per week over the past year. Their all-jet fleet now consists of 212 of the Brazilian-made aircraft. By year-end 2006, the fleet will have grown to 274 airframes with options to acquire 100 more. ExpressJet’s route structure spans from coast to coast from Continental’s three domestic hubs in Houston, Newark, and Cleveland. Nearly 100 cities in the U.S. are served by ExpressJet as well as 16 destinations in Mexico, five in Canada, and the Bahamas.
Since Sept. 11th, 2001, commuter carriers such as ExpressJet have been used extensively to replace large jet service and introduce new routes that help bring much needed revenue to their crippled mainline partners. Continental has even chosen to deploy regional jets on some of its longer routes such as Newark to Oklahoma City, a 1,324 mile trip that takes about four hours. ………………