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Wednesday, November 5, 2008

ExpressJet Reports Results Improve

ExpressJet Holdings posted a $13 million improvement for the third quarter 2008 compared to the year ago period. It posted a loss in the third quarter of $10 million, excluding special charges and other non-operating items. Including special charges, net of taxes and a deferred tax valuation totaling $5.2 million, ExpressJet reported a net loss totaling $4.8 million or $0.30 per share.