Home / Markets / Industries / Transportation
Monday, November 16, 2009
ExpressJet To Operate 25 United Express Planes
By Christopher Hinton
MarketWatch Pulse
NEW YORK -- United Airlines said Monday that ExpressJet Airlines in May will begin operating 25 ERJ-145 aircraft under the United Express brand. The new agreement replaces previous contracts by other United Express partner carriers. The deal is also consistent with United's 2010 capacity outlook. Shares of ExpressJet parent ExpressJet Holdings Inc. shot up 15% premarket to $2.95 each. United parent UAL Corp. shares were up 2.8% to $7.45.
Copyright © 2009 MarketWatch, Inc.
