ExpressJet swings to loss as load factor lags on independent flying

ExpressJet Holdings posted a second-quarter loss of $26.4 million, reversing a $23.3 million profit during the same period a year ago, while revenue fell 5.8% to $395.2 million as the company launched its branded flying operation. The new entity, which launched on April 2, contributed $28.2 million...

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