ExpressJet Reports January 2008 Performance

HOUSTON, Feb. 11 /PRNewswire/ -- ExpressJet Holdings (NYSE: XJT) today announced traffic and capacity results for January 2008 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 644 million, and available seat miles (ASM) flown were 876 million. ExpressJet's January load factor was 73.5%. The company flew 61,072 block hours and operated 31,946 departures during the month.

Branded Flying

During the month, ExpressJet branded RPMs totaled 149 million on 279 million ASMs, resulting in a January load factor of 53.4%. The company flew 16,482 block hours and operated 8,364 departures during the month. The average stage length in the branded operation was 669 miles.

About ExpressJet

ExpressJet Holdings operates numerous divisions designed to leverage the management experience, efficiencies and economies of scale present in its subsidiaries, including ExpressJet Airlines, Inc. and ExpressJet Services, LLC. ExpressJet Airlines serves 175 destinations in North America and the Caribbean with approximately 1,500 departures per day. Operations include capacity purchase and pro-rate agreements for mainline carriers; providing clients customized 50-seat charter options; training services through its world-class facility in Houston, Texas; and branded flying, providing non-stop service to markets concentrated in the West, Midwest and Southeast regions of the United States. ExpressJet Services is the North American partner to three major European original equipment manufacturers and provides composite, sheet metal, interior and thrust reverser repairs throughout five facilities in the United States. For more information, visit http://www.expressjet.com.

                  EXPRESSJET HOLDINGS, INC. AND SUBSIDIARIES
                            PRELIMINARY STATISTICS

    Month Ending January 31, 2008       Contract(1)    Branded       System

    Revenue Passenger Miles (RPM)
    (millions)                               644           149          796
    Available Seat Miles (ASM)
    (millions)                               876           279        1,163
    Passenger Load Factor                  73.5%         53.4%        68.4%
    Block Hours                           61,072        16,482       78,329
    Departures                            31,946         8,364       40,906
    Stage Length (miles)                     567           669          583



    (1) Excludes charter since statistics on charter airplanes do not provide
    meaningful data for forecasting and are not reviewed by management.