ExpressJet. Photo: Courtesy, ExpressJet. ExpressJet Holdings posted a second quarter net loss of $18.5 million, widened from a $13.1 million deficit in the year-ago period, and said it will continue to make an effort to reduce operating costs as it prepares to be acquired by SkyWest, Inc. SkyWest said last week it has entered into a definitive agreement to purchase ExpressJet for $6.75 per share in cash or approximately $133 million, and merge the Houston-based regional with its ...

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