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ExpressJet elects new board chairman

ExpressJet Holdings announced that George Bravante has been elected nonexecutive chairman. An independent member of the board, he will replace Thomas Schick, who will resign on July 1. Bravante, who has served as a director since July 2004, is the founder and general partner of Bravante-Curci Investors, a merchant bank focusing on real estate investments. Separately, ExpressJet flew 739.3 million RPMs in May, up 19.3% over the year-ago period. Capacity climbed 16.2% to 1 billion ASMs and ...

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