XJT Coming Soon!!! (note the T)

[ImbracableCrunk]

NEW YORK, Jan 24 (Reuters) - Regional carrier ExpressJet Holdings Inc. (XJT.N: Quote, Profile , Research) on Wednesday posted lower fourth-quarter earnings burdened by greater expenses as it looked for new business for some of its planes.
ExpressJet, which flies regional jets for Continental Airlines (CAL.N: Quote, Profile , Research), said net profit fell to $22.8 million, or 39 cents a share, from $24.9 million, or 42 cents a share in the same period last year. Wall Street analysts had expected the company to post earnings of 39 cents a share, according to Reuters Estimates.

Since last May, ExpressJet has been looking for new business ventures for 69 aircraft it retained after Continental canceled a capacity purchase agreement.
ExpressJet, which has a fleet of 274 planes, said it would launch its own service in markets in the U.S. West, Midwest, and Southeast in April and May. The new service will use 44 of these available planes.

The company also said it is in talks with a prospective U.S. partner about providing regional service that would use 10 planes.
The company had previously said it started up a corporate charter with up to 15 planes. The service began operating Dec. 31 and has since flown 205 segments.

Operating revenue in the fourth quarter rose 5.1 percent to $425.8 million on fuller planes and 5.8 percent more capacity.
Load factor -- a measure of the percentage of seats filled with paying passengers -- rose 1.2 points to 77.3 percent.
ExpressJet said it will enter arbitration in a dispute with Continental over rates for 2007. The company will be paid at 2006 rates until a decision is reached, which is expected in the second or third quarter.
© Reuters 2007. All Rights Reserved.

There, I feel better.

 

[Kugelblitz]

You guys have been really good to me when I commute and I do wish you the best of luck. However, I think that Independence Air demonstrated that the public doesn't fly on RJ's because it wants too, no matter how sweet the fare is. They only fly on them because that is all the major air carrier they use is offering in a given market.

The corporate/charter thing may work out. Again best of luck.

 

[spinproof]

NEW YORK, Jan 24 (Reuters) - Regional carrier ExpressJet Holdings Inc. (XJT.N: Quote, Profile , Research) on Wednesday posted lower fourth-quarter earnings burdened by greater expenses as it looked for new business for some of its planes.
ExpressJet, which flies regional jets for Continental Airlines (CAL.N: Quote, Profile , Research), said net profit fell to $22.8 million, or 39 cents a share, from $24.9 million, or 42 cents a share in the same period last year. Wall Street analysts had expected the company to post earnings of 39 cents a share, according to Reuters Estimates.

Since last May, ExpressJet has been looking for new business ventures for 69 aircraft it retained after Continental canceled a capacity purchase agreement.
ExpressJet, which has a fleet of 274 planes, said it would launch its own service in markets in the U.S. West, Midwest, and Southeast in April and May. The new service will use 44 of these available planes.

The company also said it is in talks with a prospective U.S. partner about providing regional service that would use 10 planes.
The company had previously said it started up a corporate charter with up to 15 planes. The service began operating Dec. 31 and has since flown 205 segments.

Operating revenue in the fourth quarter rose 5.1 percent to $425.8 million on fuller planes and 5.8 percent more capacity.
Load factor -- a measure of the percentage of seats filled with paying passengers -- rose 1.2 points to 77.3 percent.
ExpressJet said it will enter arbitration in a dispute with Continental over rates for 2007. The company will be paid at 2006 rates until a decision is reached, which is expected in the second or third quarter.
© Reuters 2007. All Rights Reserved.

There, I feel better.

You copy my thread and add a "T" to the header...you are truly, and I mean this with all sincerity, a complete A$$ clown...but of course you know that!

 

[Billy Madison]

Any rumors on who the Major Airline partner is?

 

[XPOO]

Your threads get hijacked, and mine just get moved to obscure forums and tucked away from everyone's view. I got over it, you should, too!

 

[Turbosnake03]

new paint

 

[BoilerUP]

Any rumors on who the Major Airline partner is?

There are very strong indications UAL has a bid out for 10 airplanes...

 

[IamGumbyDammit]

You copy my thread and add a "T" to the header...you are truly, and I mean this with all sincerity, a complete A$$ clown...but of course you know that!

Do you get pissed when everyone's laughing at a joke and you don't get it? I see this a lot with the flight attendants, especially the blonde ones.

 

[spinproof]

Do you get pissed when everyone's laughing at a joke and you don't get it? I see this a lot with the flight attendants, especially the blonde ones.

No not really you're a joke but I still don't find you that funny.

 

[SBD-2U3]

Settle down Francis. Its just a web board.

 

[XPOO]

Yeah, simmer down, if you keep talking about things not related to the material the thread was started for they will hijack this thread again and send it over to the Non-Aviation Chat forum.

 

[spinproof]

Deleted

 

[XPOO]

I wish XJT all the best, but with Mesa whoring themselves out all over the midwest and southwest, it's gonna be hard to compete. Perhaps they would be better off doing point-to-points like SWA instead of damn Spoke-and-Hub system.

 

[chuychanga]

Indy's demise had nothing to do with RJs. They jumped in with their entire operation at once, added a new fleet of Airbii, concentrated their flying in someone else's hub, and lacked a common fleet type. None of which XJT is trying.

 

[dav8or]

This model didn't work for Midway or FlyI. I predict a big roll out with a lot of fanfare, followed by some belt tightening in a few months. Bankrupt by this summer will allow management void the pilot contract followed by liquidation, merger or outright sell by the end of the year. Not a good time to be at XJT.

 

[Superpilot92]

Any rumors on who the Major Airline partner is?

Delta=SLC is the rumor

 

[fastback]

Any rumors on who the Major Airline partner is?

Word is, they'll be painted red, white, and blue, and flying out of a western hub.

EDIT Superpilot beat me to it.

 

[BoilerUP]

Expressjet will still have what, 75% of their revenue from Continental?

The sky ain't falling over there yet...

 

[SMOE]

This model didn't work for Midway or FlyI. I predict a big roll out with a lot of fanfare, followed by some belt tightening in a few months. Bankrupt by this summer will allow management void the pilot contract followed by liquidation, merger or outright sell by the end of the year. Not a good time to be at XJT.

Either your a completely uninformed A$$clown, a ChittyKitty Pilot, or both.

 

[flyingtoilet]

This model didn't work for Midway or FlyI. I predict a big roll out with a lot of fanfare, followed by some belt tightening in a few months. Bankrupt by this summer will allow management void the pilot contract followed by liquidation, merger or outright sell by the end of the year. Not a good time to be at XJT.

Thank God we've got such experts on this board. Seriously, if you took two seconds to compare our (XJT) situation and plan to that of Indy and Midway, you'd see that there really isn't a comparison.