Diluted loss per share, excluding special items 3. These operating metrics closely align with the airline industry trend of decreased passenger demand due to the global economic recession. Three Months Ended March 31,. For more information, visit www. The events described in the forward-looking statements might not occur or might occur to a materially different extent than described in this release. In first quarter , ExpressJet generated 1. ExpressJet intends to continue monitoring the auction rate securities market to attempt to monetize the assets at or near face value and initiated litigation against Royal Bank of Canada related to such investments brokered by the firm.
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Wages, salaries and related costs. As ExpressJet is paid for hours flown under its amended capacity purchase agreement with Continental, its results will continue to reflect macroeconomic factors impacting the airline industry.
Net loss excluding special items 3. Diluted loss per share, excluding special items 3. The events described in the forward-looking statements might not occur or might occur to a materially different extent than described in this release. ExpressJet Holdings operates several divisions designed to leverage the management experience, efficiencies and economies of scale present in its subsidiaries, including ExpressJet Airlines, Inc.
ExpressJet undertakes no duty to update or revise any of forward-looking statements, whether as a result of new information, future events or otherwise. This balance represents the par value due to noteholders when the notes become due August 1, Equity investments loss, net.
Realized loss from impairment charge on investments 1. The company will review its first quarter results on Wednesday, May 6, at This represents a 9.
Ground handling and other. Three Months Ended March 31, These operating metrics closely align with the airline industry trend sxl decreased passenger demand due to the global economic recession. These results represent continued improvement from the restructuring efforts ExpressJet undertook beginning mid due to record-breaking fuel prices and its amended capacity purchase agreement with Continental Airlines.
This release contains forward-looking statements. However, ExpressJet continues to see wage pressure from the increasing seniority of its workforce given capacity reductions across the industry.
Realized loss from amortization of debt discount 2. Other rentals and landing fees.
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Sx operated aircraft during first quarter compared to aircraft during first quarter Aircraft fuel and related taxes. Under its agreement with Continental, ExpressJet flewblock hours operating aircraft. To access the conference call by phone, dial approximately 10 minutes prior to the scheduled start time and ask to join the ExpressJet call.
The company expects any future purchases of the notes or stock to be made from time to time in the slxx market or in privately negotiated transactions. Revenue Passenger Miles millions.
Diluted loss per share.
Important factors that could cause actual results dlx differ materially from the expectations expressed or implied in the forward-looking statements include known and unknown risks. ExpressJet Airlines serves scheduled destinations in North America and the Caribbean with approximately 1, departures per day.
ExpressJet increased revenues Operations include a capacity purchase agreement for Continental; providing clients customized seat and seat charter options www.
The Continental Express average aircraft utilization during the quarter totaled 8. Loss before Income Taxes. Added three stations to its aviation services wlx bringing the total to 31 stations ground handled by ExpressJet for Continental and other operators. Amortization of debt discount 2.