ExpressJet to Suspend Commercial Flying
July 09 2008
In a move that will surprise no one, ExpressJet will cancel its commercial flights as of September 2. Don’t worry, you probably weren’t flying them anyway. (As I noted when they launched last year, it was going to be an ugly ride for them. And it was.)
iahphx on 09 Jul 2008 at 11:09 am #
Yeah, once fuel prices doubled in the past year, this went from being a questionable business plan (brought on by having excess airplanes after Continental reduced XJT’s contract flying) to an impossible plan. There’s simply no way point-to-point RJ flying in secondary markets is going to make money with $4 jet fuel. At least XJT has had enough sense to change their game plan before totally sinking the company. They will continue on as Continental’s RJ feed.