ExpressJet plunges to 2007 loss
ExpressJet Holdings reported a $70.2 million loss in 2007 compared to a profit of $92.6 million in 2006. Revenue rose just 0.2% to $1.69 billion while expenses soared 16.3% to $1.79 billion owing to higher fuel costs and expenses related to the launch of its branded flying operation. It had an...
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