ExpressJet Holdings reported a first-quarter net loss of $11.4 million, narrowed 68.1% from a net loss of $35.7 million in the year-ago period, saying it benefited "from the cost-cutting performed during the second half of 2008 in response to record-breaking fuel prices and its amended capacity purchase agreement with Continental [Airlines]." ExpressJet and CO last year reached a new seven-year capacity purchase agreement that included lower rates (ATWOnline, June 9, 2008). It currently ...

Subscribe to Access this Entire Article

"ExpressJet narrows first-quarter loss" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.