ExpressJet Holdings Inc: Company Report

ExpressJet Holdings, Inc. (Holdings) is engaged in the business of transporting people. The Company’s principal asset is XJT Holdings, Inc., the sole stockholder of ExpressJet Airlines, Inc. ((Airlines) and together with Holdings is referred as ExpressJet). Airlines operates a fleet of 244 aircraft. As of December 31, 2008, ExpressJet provides services, which include 214 aircraft for Continental as Continental Express pursuant to the Continental capacity purchase agreement (CPA); 30 aircraft operating in its Corporate Aviation division, which is dedicated to charter contracts and ad-hoc charter service. The Company also provides aviation services, such as ground-handling at airport locations across the United States, as well as aircraft repair, overhaul, interior refurbishments and paint, through its three wholly owned subsidiaries, which include ExpressJet Services, LLC (ExpressJet Services), American Composites, LLC (American Composites) and InTech Aerospace Services, LP (InTech).

Want to learn how to evaluate a stock? Walk through the steps using the Research Wizard.