ExpressJet is an American airline based in College Park, Georgia. It is a wholly owned subsidiary of SkyWest, Inc., parent company of the air carrier SkyWest Airlines. Although an autonomous business entity since its divestiture from Continental Airlines, Inc., it continued to operate as United Express for United Airlines from hubs at George Bush Intercontinental Airport, Houston, Newark Liberty International Airport, Newark, New Jersey and Hopkins International Airport, Cleveland, Ohio. Its training center is on the grounds of George Bush Intercontinental Airport in Houston. ExpressJet... operated its own point-to-point service with its main hub at LA/Ontario International Airport in Ontario, California. This service ended on September 2, 2008. In April 2008, SkyWest proposed an acquisition of ExpressJet at a price of $3.50/share. ExpressJet Holdings Inc. said its special committee unanimously rejected the proposal. SkyWest rescinded the offer in early June after ExpressJet Holdings and Continental signed a new 7-year Capacity Purchase Agreement. This proposal was ultimately not successful.
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| NYSE symbol: | XJT |
| Founded: | 1986 |
| Headquarters: | Houston, Texas |
| Annual revenue: | $1,318,210,000 |
| Net income: | $-88,190,000 |
| Operating income: | $276,200,000 |
| Market cap: | $140,000,000 |
| Industries: | Air Transportation, Scheduled, Airline |