.ExpressJet Airlines, Inc. (NYSE: XJT) is a regional airline based in Houston, Texas, United States.[1][2] Although an autonomous business entity since its divestiture from Continental Airlines, Inc., it continues to operate as Continental Express for Continental Airlines from hubs at George Bush Intercontinental Airport, Houston, Newark Liberty International Airport, Newark, New Jersey and Hopkins International Airport, Cleveland, Ohio.[3]
ExpressJet operated its own point-to-point service with its main hub at LA/Ontario International Airport in Ontario, California. This service ended on September 2, 2008.
ExpressJet Airlines is the 14th-largest airline in terms of fleet size, operating 274 aircraft.
In April 2008, SkyWest, Inc. proposed an acquisition of ExpressJet at a price of $3.50/share. ExpressJet Holdings Inc. said its special committee unanimously rejected the proposal. SkyWest rescinded the offer in early June after ExpressJet Holdings and Continental signed a new 7-year Capacity Purchase Agreement.
Posts
No comments:
Post a Comment