ExpressJet Holdings, a regional partner of Continental Airlines, yesterday reported full-year net income of $92.5 million, a 5.5% drop from the $97.9 million earned in 2005. At the same time, ExpressJet President and CEO Jim Ream unveiled plans for the 69 Embraer RJs being released from its capacity purchase agreement with Continental. ExpressJet will launch independent operations under its own brand on April 1, providing point-to-point service to 24 cities in the US West, Midwest and ...

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