Higher Costs Force XJet Into Red; Company Optimistic About 2008
ExpressJet posted a $31.7 million loss for the fourth quarter and a $70.2 million loss for the full year 2007 but the airline is confident its real-time outlook and re-tooling capability will result in improved results for 2008. The company spent $13.5 million in 2007 to transition the 69 aircraft...
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