ExpressJet announces falling profits, new airline for 69 ERJs
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...
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