atlasair
Posts: 99
Joined: Sat Jun 05, 1999 11:43 pm

ExpressJet Makes Profit Again

Tue Oct 25, 2005 5:24 am

On Oct 20, 05 ExpressJet Holdings, Inc. (NYSE:XJT) reported third quarter net income of 25.5 million. Wow! That's pretty good for an airline these days in the U.S. Big grin

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B742
Posts: 3562
Joined: Mon Mar 14, 2005 12:48 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 5:28 am

Great news, I hope we see ExpressJet in the US skies for a long time to come! Big grin

Any chance they will get larger Embraers such as the ERJ-170?

I love the ExpressJet ERJ-145XR's!  Smile

Rob!  wave 
 
N766UA
Posts: 7843
Joined: Thu Jul 29, 1999 3:50 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 5:45 am

This Website Censors Me
 
EMBQA
Posts: 7798
Joined: Sat Oct 25, 2003 3:52 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 5:48 am

Quoting B742 (Reply 1):
Any chance they will get larger Embraers such as the ERJ-170?

Nope.. The current contract with the pilots prohibit them and anything larger then 50 seats. 'Word' has it they are trying to change that...
"It's not the size of the dog in the fight, but the size of the fight in the dog"
 
aileron11
Posts: 167
Joined: Wed Oct 19, 2005 5:46 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 6:00 am

Hey Guys, just a little FYI. First thing, the picture on top with all Express jet all in row, the one that sticks out is A/C 575 if you notice the rudder in the middle is all blue that is because a CO 737 struck the tail while the Express jet was sitting due to weather in the area. The 737 was taxing on Yankee not only did he struck one plane but three. A/C 575 was the worst out of all three it was down for 13 days. The other two were down for 36 hours just waiting for parts.
Jersey Lou
 
COEWR
Posts: 225
Joined: Sun Oct 05, 2003 5:05 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 8:16 am

Quoting Aileron11 (Reply 4):
Hey Guys, just a little FYI. First thing, the picture on top with all Express jet all in row, the one that sticks out is A/C 575 if you notice the rudder in the middle is all blue that is because a CO 737 struck the tail while the Express jet was sitting due to weather in the area. The 737 was taxing on Yankee not only did he struck one plane but three. A/C 575 was the worst out of all three it was down for 13 days. The other two were down for 36 hours just waiting for parts.

good catch I remember hearing about that

-C
 
Goldenshield
Posts: 5009
Joined: Sun Jan 14, 2001 3:45 pm

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 9:14 am

Since Expressjet is flying Fee-for-departure flights on a majority, if not all, of their flights, then it's safe to assume that there will be an operating profit made.
Two all beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun.
 
jetdeltamsy
Posts: 2688
Joined: Tue Nov 14, 2000 11:51 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 9:14 am

Express Jet is a vendor airline. Continental pays them a flat rate for completing flights. A profit margin is built into the fee paid by Contiental. They make a profit for a flight whether is flies empty or full.

They aren't an airline like a mainline carrier.
Tired of airline bankruptcies....EA/PA/TW and finally DL.
 
N1120A
Posts: 26468
Joined: Sun Dec 14, 2003 5:40 pm

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 9:16 am

Quoting EMBQA (Reply 3):
Nope.. The current contract with the pilots prohibit them and anything larger then 50 seats. 'Word' has it they are trying to change that...

Not if Continental's pilots have anything to say about it

Quoting Goldenshield (Reply 6):
Since Expressjet is flying Fee-for-departure flights on a majority, if not all, of their flights, then it's safe to assume that there will be an operating profit made.

Not only are they FPD, but CO pays for all fuel over 70 cents a gallon. That means Continental is getting reamed on regional right now. I actually doubt they would want to be expanding XJT flying unless they could drastically change contract terms
Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
 
Max Q
Posts: 5645
Joined: Wed May 09, 2001 12:40 pm

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 9:43 am

Shame that 737 didn't take a few more out!
The best contribution to safety is a competent Pilot.
 
aileron11
Posts: 167
Joined: Wed Oct 19, 2005 5:46 am

RE: ExpressJet Makes Profit Again

Tue Oct 25, 2005 10:43 am

Quoting Max Q (Reply 9):
Shame that 737 didn't take a few more out!

Hey MaxQ, What is the reason for feeling that way. Your a pilot Right! So you should know that if a plane is fifty seater or 300 that should not matter the responsibility is same, That is to operate safely and get everyone to there destination. Also, when you started flying I bet it was not with big boys.
Jersey Lou