Business Summary
ExpressJet Holdings, Inc. owns strategic investments in the air transportation industry, and operates various divisions to leverage the assets of its subsidiaries, including ExpressJet Airlines, Inc. and ExpressJet Services, LLC. ExpressJet Airlines serves 128 scheduled destinations in North America and the Caribbean with approximately 1,050 departures per day. The companys operations include a capacity purchase agreement for Continental Airlines, Inc. (Continental); providing clients with customized 41-seat and 50-seat charter options (www.expressjet.com/charter); and supplying third-party aviation and ground handling services. As of March 31, 2009, it operated 244 aircraft comprising 214 aircraft for Continental under the capacity purchase agreement, and 30 aircraft for corporate aviation under long-term charter agreements and ad-hoc charter arrangements. The company was founded in 1996 and is headquartered in Houston, Texas.