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Old 03-10-2008 | 06:37 AM
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flyguy81
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HOUSTON, March 10 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. (NYSE: XJT) today reported a fourth quarter loss of $31.7 million, or $0.60 per share. For the full year, ExpressJet reported a loss of $70.2 million or $1.31 per share. Excluding special charges, ExpressJet reported a fourth quarter loss of $27.6 million or $0.52 per share and a full year loss of $66.1 million or $1.23 per share. ExpressJet's 2007 results reflect the transition of 69 aircraft from its capacity purchase agreement with Continental Airlines to three different types of flying. ExpressJet spent $13.5 million in transition expenses and $27.4 million in capital to launch these new segments
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