ExpressJet expenses outpace revenues, profits dip
ExpressJet Holdings, a Regional partner of Continental Airlines, reported yesterday a 20.2% drop in annual net profit from $122.8 million in 2004 to $98 million in 2005, a year that concluded with CO's unexpected December decision to eliminate 44 ERJ-145XRs and 25 ERJ-145LRs--25% of the ExpressJet...
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