ExpressJet Reports July 2002 Performance

ExpressJet Holdings (NYSE: XJT)
today announced increased traffic and capacity in July 2002 for its
Continental Express operating fleet.

During the month, ExpressJet flew 362.7 million revenue passenger miles
(RPMs), up 7.8 percent versus July 2001.  Capacity increased 8.7 percent to
538.4 million available seat miles (ASMs) in July 2002, compared with July
2001.  ExpressJet`s load factor declined 0.5 points to 67.4 percent in July
2002 versus July 2001.

Also in July, ExpressJet accomplished a 99.9 percent controllable
completion factor, which excludes cancellations due to weather and air traffic
control.  The results compare with a July 2001 controllable completion factor
of 99.0 percent.

Other activities at ExpressJet in July included the opening of a new
station in Des Moines, Iowa, and the launch of new, nonstop service between
Des Moines and both Houston and New York/Newark.  ExpressJet took delivery of
four Embraer regional jets in July to end the month with a total operating
fleet of 181 aircraft, including 162 jets.

ExpressJet employs more than 5,300 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, operated by
ExpressJet Airlines, Inc., 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 owned by ExpressJet
Holdings, Inc.  For more information, visit