ExpressJet Reports January 2004

ExpressJet Holdings today announced increased traffic and capacity in
January 2004 for its Continental Express operating fleet.

During the month, ExpressJet flew 470.0 million revenue passenger miles
(RPMs), up 43.4 percent versus January 2003, and increased available seat
miles (ASMs) 31.9 percent compared with January 2003. ExpressJet`s January
load factor was 61.3 percent, a 4.9 point improvement over 2003. The
company flew 54,275 block hours, compared with 42,652 block hours in
January 2003, and operated 30,652 flights, versus 26,655 flights in
January 2003.
Also in January, ExpressJet accomplished a 99.7 percent controllable
completion factor, which excludes cancellations due to weather and air
traffic control, and a total completion factor of 97.8 percent. In January
2003, ExpressJet`s controllable completion factor was 99.5 percent and its
total completion factor was 98.7 percent.

During the month, ExpressJet accepted delivery of one 50-seat Embraer ERJ-
145XR aircraft, bringing the company`s total operating fleet to 225 jets.
ExpressJet Airlines operates as Continental Express, the regional jet
provider of Continental Airlines. With service to 130 destinations in the
United States, Canada, Mexico and the Caribbean, ExpressJet operates all
of Continental`s regional jet service from its hubs in Houston, New
York/Newark and Cleveland. ExpressJet passengers receive efficient service
and comfortable leather seating, along with advance seat assignments and
OnePass frequent flyer miles that can be redeemed on Continental and
partner airlines. ExpressJet Airlines employs 6,100 people and is owned by
ExpressJet Holdings, Inc. For more information, visit .