A year that featured the failure of ExpressJet Holdings' branded flying experiment ended with an $88.2 million net loss, widened 25.5% from the $70.2 million deficit reported in 2007. The company, which operates 214 aircraft under a capacity purchase agreement with Continental Airlines and also dedicates aircraft for corporate charters, endured an eventful 2008. In addition to the September suspension of its branded operation (ATWOnline, July 10), it secured a new deal with CO, stopped ...

Subscribe to Access this Entire Article

"ExpressJet's busy year ends with $88.2 million 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? ATWPlus@penton.com.

Already registered? here.