Wednesday, 09 May 2007

UPDATE 1-ExpressJet earnings fall on higher costs

(Reuters) - ExpressJet, which began flying under its own brand in April, said net profit in the first quarter fell to $10.2 million, or 18 cents per share, from $23.8 million, or 40 cents per share, in the same period a year ago.

Operating revenue rose 1.5 percent to $412.1 million.


Read more at Reuters.com Market News

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