A1FlyBoy
Well-known member
- Joined
- Jan 11, 2002
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For other XJET employees:
With the latest delivery of a 50-seat Embraer ERJ-145, the Continental Express operating fleet now totals 171, including 21 remaining turboprop aircraft. The regional carrier to Continental Airlines (NYSE: CAL - News) has firm orders for 124 Embraer regional jets and is scheduled to take delivery of about four aircraft every month for the next three years.
ExpressJet is the worldwide launch customer for Embraer's extended-range ERJ-145 XR aircraft. The new model accounts for 104 of the 124 firm orders, with initial deliveries slated for October 2002.
"The growth of our jet fleet and addition of longer-range aircraft will allow us to serve new markets and expand service to existing markets while replacing our turboprops with the faster, quieter jets our customers prefer," said ExpressJet President and CEO Jim Ream.
The re-fleeting and upgrade program parallels that of Continental Airlines, which now operates the youngest jet fleet of any major U.S. carrier.
Continental Express, operated by ExpressJet Airlines, Inc., employs more than 5,200 people and provides Continental Airlines with all of its regional airline capacity at its hub airports in Houston, Cleveland and Newark. Continental Express offers advance seat assignments and OnePass frequent flyer miles, which can be redeemed anywhere in the world Continental and its alliance carriers fly. ExpressJet Airlines is wholly owned by ExpressJet Holdings.
Please note that the foregoing contains forward-looking statements that are not limited to historical facts, but reflect the company's current beliefs, expectations or intentions regarding future events. Actual results could differ materially from those described in the forward-looking statements. Additional information concerning factors that could cause our actual results to differ materially from those in the forward-looking statements are described the company's securities filings with the Securities and Exchange Commission. Such factors include our high leverage, regulatory developments and costs, labor costs and relations, certain tax matters, competition and industry conditions, our dependence on the financial and operational strength of Continental Airlines, and the seasonal nature of the airline business
With the latest delivery of a 50-seat Embraer ERJ-145, the Continental Express operating fleet now totals 171, including 21 remaining turboprop aircraft. The regional carrier to Continental Airlines (NYSE: CAL - News) has firm orders for 124 Embraer regional jets and is scheduled to take delivery of about four aircraft every month for the next three years.
ExpressJet is the worldwide launch customer for Embraer's extended-range ERJ-145 XR aircraft. The new model accounts for 104 of the 124 firm orders, with initial deliveries slated for October 2002.
"The growth of our jet fleet and addition of longer-range aircraft will allow us to serve new markets and expand service to existing markets while replacing our turboprops with the faster, quieter jets our customers prefer," said ExpressJet President and CEO Jim Ream.
The re-fleeting and upgrade program parallels that of Continental Airlines, which now operates the youngest jet fleet of any major U.S. carrier.
Continental Express, operated by ExpressJet Airlines, Inc., employs more than 5,200 people and provides Continental Airlines with all of its regional airline capacity at its hub airports in Houston, Cleveland and Newark. Continental Express offers advance seat assignments and OnePass frequent flyer miles, which can be redeemed anywhere in the world Continental and its alliance carriers fly. ExpressJet Airlines is wholly owned by ExpressJet Holdings.
Please note that the foregoing contains forward-looking statements that are not limited to historical facts, but reflect the company's current beliefs, expectations or intentions regarding future events. Actual results could differ materially from those described in the forward-looking statements. Additional information concerning factors that could cause our actual results to differ materially from those in the forward-looking statements are described the company's securities filings with the Securities and Exchange Commission. Such factors include our high leverage, regulatory developments and costs, labor costs and relations, certain tax matters, competition and industry conditions, our dependence on the financial and operational strength of Continental Airlines, and the seasonal nature of the airline business