ExpressJet Reports November 2007 Performance
 

HOUSTON, Dec 11, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ExpressJet Holdings (NYSE: XJT) today announced traffic and capacity results for November 2007 for its ExpressJet Airlines subsidiary. The results include statistics for both contract and branded operations. The contract operation consists of flying for Continental Airlines and Delta Air Lines under capacity purchase agreements and ExpressJet's charter (corporate aviation) service. The branded operation includes flying under the ExpressJet name and pro-rate flying for Delta Air Lines. Contract Flying
During the month, ExpressJet revenue passenger miles (RPM) under contract flying totaled 670 million and available seat miles (ASM) flown were 869 million. ExpressJet's November load factor was 77.1%. The company flew 60,291 block hours and operated 32,043 departures during the month.
Branded Flying
During the month, ExpressJet branded RPMs totaled 167 million on 272 million ASMs, resulting in a November load factor of 61.4%. The company flew 15,675 block hours and operated 8,148 departures during the month. The average stage length in the branded operation was 669 miles.

http://phx.corporate-ir.net/phoenix....416&highlight=

surely a 60% load is not making money in an RJ of that size!?

not when you are paying for your own gas.

When it says Express Jet branded flying that's pro-rated with delta does that mean they are taking Delta pax on the branded flying? Like a small alliance?

On a side note 61% isn't that bad. I don't know what fuel does for things but, admittedly from word of mouth, I've been told that's around break even point.

"surely" it all depends on what they charge for tickets, but I "surely" wish our load factor was hire, however if you look at other airlines load factors, you would "surely" be able to see that the loads "surely" were not much higher. I for one am "surely" proud that our L/F is that high, not an easy thing to do, I for one am "surely" happy

someones defensive

Nah, not really just thought his use of "surely" was very obnoxious, not sure why, maybe to "proper" sounding, and 60% load factor is right around break even, well unless oil keeps where it is, either way, pretty good L/F I guess I dunno, I can't obsess over it.

anyway what does it matter Age 65 essentially passed today, another blow to this industry.

South West load factor for the same time period was just above 68%. So not bad for only 9 months.

I'll take 60% for now. We haven't even completed our first year of service. People are expecting an overnight success.

The pro-rate flying is still Delta painted jets on Delta routes with DL flight numbers. The reason they lump it in with branded is XJT is taking the financial risk on those routes instead of Delta (in a nutshell).