Trading Alert for ExpressJet Holdings Inc.

0 Comments | M2 Presswire, November, 2006

M2 PRESSWIRE-9 November 2006-bellwetherreport.com: Trading Alert for ExpressJet Holdings Inc.(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:09112006 ExpressJet Holdings (NYSE:XJT) flies where no big jet can afford to go. Operating as Continental Express, the regional airline provides connecting flights that enable former parent Continental Airlines to serve smaller cities that would be too costly to reach using larger jets.

All of its turboprops retired, ExpressJet operates a fleet of about 270 Embraer regional jets. The carrier flies passengers to nearly 150 cities in the US, Canada, and Mexico from its hubs in Cleveland, Houston, and Newark, New Jersey. Continental plans to reduce its use of ExpressJet's service, however. Shares were down 9 as profits slip on...