January 24, 2007 6:20 PM ET
ExpressJet takes wing with regional service
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Stocks mentioned in this article
Continental Airlines, Inc. (CAL) Stock Quote, Chart, NewsExpressJet Holdings, Inc. (XJT) Stock Quote, Chart, News
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ExpressJet Holdings Inc. intends to roll out an independent regional jet service to 24 cities across the country.
Houston-based ExpressJet (NYSE: XJT), which operates regional flights for Continental Airlines Inc. (NYSE: CAL), said Wednesday that it has 44 aircraft in place to launch the small-market regional service in April in the West, Midwest and Southeast portions of the country.
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ExpressJet will unveil the new route system, to include free XM Satellite radio, advanced seat assignments and snack and meal service on longer flights, on Feb. 1 when it releases its ticket pricing system.
Separately, the company said that it has gone to arbitration in a dispute with Continental over 2007 rates related to its capacity purchase agreement, expected to be resolved by the third quarter.
The company also said that its new corporate aviation division operated its initial charter flight on Dec. 31, with six aircraft dedicated to that fleet, with plans to expand to 15 aircraft.
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ExpressJet takes wing with regional service
dap('&PG=INVNWS&AP=1089',300,250);
Stocks mentioned in this article
Continental Airlines, Inc. (CAL) Stock Quote, Chart, NewsExpressJet Holdings, Inc. (XJT) Stock Quote, Chart, News
All bizjournals.com NewsExpressJet Holdings Inc. intends to roll out an independent regional jet service to 24 cities across the country.
Houston-based ExpressJet (NYSE: XJT), which operates regional flights for Continental Airlines Inc. (NYSE: CAL), said Wednesday that it has 44 aircraft in place to launch the small-market regional service in April in the West, Midwest and Southeast portions of the country.
Related news
- Sector Snap: Airline Stocks Mixed
- ExpressJet 4Q Earnings Fall 8 Percent
- Continental to Start Direct Miss. Flight
- Zacks Analyst Interview Highlights: Frontier Airlines, ExpressJet, United, Continental Airlines and Northwest
- Yahoo, Sun Lift Nasdaq Over 1 Percent
ExpressJet will unveil the new route system, to include free XM Satellite radio, advanced seat assignments and snack and meal service on longer flights, on Feb. 1 when it releases its ticket pricing system.
Separately, the company said that it has gone to arbitration in a dispute with Continental over 2007 rates related to its capacity purchase agreement, expected to be resolved by the third quarter.
The company also said that its new corporate aviation division operated its initial charter flight on Dec. 31, with six aircraft dedicated to that fleet, with plans to expand to 15 aircraft.
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