ExpressJet Reports June 2002 Performance

HOUSTON, July 1 /PRNewswire-FirstCall/—ExpressJet Holdings (NYSE: XJT)
today announced increased capacity and traffic in June 2002 for its
Continental Express operating fleet.

In June 2002, Continental Express, operated by ExpressJet Airlines, flew
345.8 million revenue passenger miles (RPMs), up 8.5 percent versus June 2001.
Capacity rose 10.0 percent to 508.7 million available seat miles (ASMs) in
June 2002, compared with June 2001.  ExpressJet`s load factor declined
0.9 points to 68.0 percent in June 2002 versus June 2001.

Also in June, ExpressJet accomplished a 99.9 percent controllable
completion factor, which excludes cancellations due to weather, air traffic
control and certain other factors beyond the company`s influence.

Other activities at ExpressJet in June included the launch of new service
between New York/Newark and Lexington, Ky., and the announcement of new
Continental Express routes from Houston to Palm Springs, Calif., Richmond,
Va., and Villahermosa, Mexico (subject to government approval), beginning in
the fourth quarter of 2002.  ExpressJet took delivery of five Embraer regional
jets in June to end the month with a total operating fleet of 178 aircraft,
including 158 jets.

ExpressJet employs more than 5,200 people and provides Continental
Airlines (NYSE: CAL) with all of its regional airline capacity at its hub
airports in Houston, Cleveland and Newark.  Continental Express offers advance
seat assignments and OnePass frequent flyer miles, which can be redeemed
anywhere in the world Continental and its alliance carriers fly.  ExpressJet
Airlines is wholly owned by ExpressJet Holdings.  For more information, visit .