An interesting little merger attempt popped up on Friday that, as Holly Hegeman says, looks like a squeeze play. 
SkyWest has announced that it wants to buy ExpressJet for $3.50 a share.
The airline was hovering just over the $2 a share mark before the announcement, so this is … Read the post
Category: ExpressJet
Poor ExpressJet. They’ve been trying to make their “branded operations” work, but they seem to be running out of time. As the months pass and they continue to lose money on it, shareholders will become more restless. The latest? Hayman Capital Master Fund.
Hayman owns just over 6% of the … Read the post
It’s been awhile since my last airline interview, so I’m happy to have another one to post. I started talking to ExpressJet about doing an interview a couple of months back, but I was only able to get enough information to justify a post recently.
See, they’re being quite guarded … Read the post
I was really excited about this trip for many reasons. First, my brother was graduating from medical school. Second, I was able to fly ExpressJet, a new airline for me (well, new if you don’t count flying on Continental Express). Third, it was the first time I’d ever flown in … Read the post
Today is the day that ExpressJet launches its first flights, and now the guessing game begins. Will they be able to pull this off? Initially, their flights didn’t get much of a competitive response from the other airlines, but a couple of challenges have trickled in to make this interesting.… Read the post
I was lucky enough to be invited to a small dinner with ExpressJet President and CEO Jim Ream as well as VP of Marketing Trish Winebrenner on Monday night. The small group setting meant that I had plenty of time to poke and prod, and I must admit I like … Read the post
If you keep tabs on press releases, you’ve probably seen the bombardment from the LA World Airports (LAWA) about a “major breakthrough in development of Southern California regional airports.” The first release went out on Friday saying that the Mayors of LA and Ontario along with other dignitaries will greet … Read the post
The day has arrived and ExpressJet has now officially launched their own branded airline. The website is up and running at Xjet.com but they aren’t taking online reservations yet.
What they have done is announce their new service and there are going to be some … Read the post
You probably haven’t heard of ExpressJet, but you likely know Continental Express. For the longest time, ExpressJet was the sole operator of flights for Continental Express. Now the airline has been spun off into its own company, and it’s trying to branch out into new areas. Besides corporate jets, they’re … Read the post