easyJet PLC (“easyJet”) announced today that it has agreed to acquire the entire issued share capital of GB Airways Ltd (“GB Airways”), excluding its slots at Heathrow Airport, from the Bland Group Limited, for a cash consideration of £103.5 million.
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ExpressJet Holdings, Inc.
(NYSE: XJT) today reported a second quarter loss of $26.4 million, or $0.49
diluted earnings per share.
"This quarter presented one of our biggest challenges as a company. We
transitioned 30 aircraft into two start-up operations. Even though we reported
a loss this quarter, we successfully executed our market launches and our team
delivered the very best in customer service. While the challenges in building
a network as quickly as we did are enormous, we are pleased with the progress
of that effort and fully expect our branded service to be successful," said
President and CEO Jim Ream.
Continue reading "ExpressJet Reports Second Quarter 2007 Results" »