ExpressJet Holdings, Inc. (NYSE:XJT)

honcharella (89.92) Submitted: 3/23/2007 10:10:14 AM : Start Price: $62.30 XJT Score: +88.53

There is a glimmer of hope for them as it seems they will be awarded some flying with Delta, but striking out on their own may just be the first nail in the coffin. Yes, charters are busy right now with the basketball season, but come summer that will dry up. I'm sure you all remember FLYi. Where are they... (wish I would have shorted that one).

toddnel (< 20) Submitted: 3/21/2007 2:22:39 PM : Start Price: $62.60 XJT Score: +87.68

Past performance is a poor standard in which to judge this stock as all it's previous results are based upon a capacity purchase agreement with CAL that guaranteed a 10% operating profit and fuel costs never to exceed $1.35/gallon. While they will continue to perform well with the aircraft placed with CAL and DAL, the branded product will face huge obstacles. High fuel costs, relatively inefficient aircraft in relation to ASM., and all the new costs associated with starting up a new operation without the support of CAL's reservations, IT products and purchasing power will surely stagnate this stock. My guess is it stays between $5 - $6 all year.

tomahawk42 (< 20) Submitted: 3/20/2007 4:45:08 AM : Start Price: $61.00 XJT Score: -88.65

it is all about the planes. Embraer jets are cheaper to operate and this company has very healthy operating margins.

RJET operates a regional airline on their own with similar planes and has a slightly higher operating margin than XJT therefore XJT's new venture into branded flying should not be such a cause for concern.

Also XJT did not have to take the 60+ planes from Continental, they CHOSE to do it .. which indicates that they know what they are doing (hopefully !!)

i get an intrinsic value of the stock as approx $14

PratikPatel36 (72.83) Submitted: 3/19/2007 10:12:06 AM : Start Price: $61.20 XJT Score: -89.30

So Cheap!

NBender (< 20) Submitted: 3/2/2007 9:57:25 PM : Start Price: $68.20 XJT Score: -91.77

great value and well managed

GrishaAxler (< 20) Submitted: 3/2/2007 5:31:00 AM : Start Price: $72.40 XJT Score: -90.80

Low Debt, Steady Earnings, Insiders holding

fengshuiplatinum (< 20) Submitted: 2/13/2007 8:06:17 PM : Start Price: $75.60 XJT Score: -87.91

point to point and growth in outlying areas for small regional jet transportation

PilotCurtis (< 20) Submitted: 2/12/2007 12:14:43 PM : Start Price: $75.90 XJT Score: -88.76

It is the best run regional, only signing capacity agreements at profitable levels, instead of madly rushing to grab as many contracts as possible without infrastructure or manpower available to meet the contracts like their competitors. It is a conservative company, that has a level head, both amongst its employees and management. XJet's X-factor is its culture; the employees are voraciously protective, proud, and happy about their company. This is in a industry filled with employees willing to personally slit the throats of their CEOs, and CEOs willing to pillage their employees. The hidden secret between CAL and XJT is everything is business as usual, at the short term cost of XJT, CAL got a boost from claiming they got better rates from RJET (beware) while CAL may have reduced airplanes, the real metric, flight hours, has remained unchanged, fleet utilization of XJTs 205 remaininig aircraft in the CAL fleet will be upped, virtually unchanging the number of hours XJT flies for CAL, even though there is 69 fewer aircraft doing so. What about those 69 aircraft? First of all, 69 is arbitrary, we will most likely be talking about more aircraft as orders for more may be very likely, but what is known is that the new charter operation using 15 airplanes has sold out, this is at margins far exceeding those per plane margins on the CAL fleet, there is a agreement that will be inked in the next few weeks with another Legacy major, using 10 airplanes, and finally and the most risky, is ExpressJet Airlines, which starts operation on April 2, serving small communities, whose traffic demands service, but major airlines can't justify their already thinly stretched fleets, and their aircraft are just too big to serve these medium markets.

mjtbank (43.05) Submitted: 12/9/2006 11:06:35 AM : Start Price: $85.70 XJT Score: -91.28

intrinsic value

obiwankenobe1250 (93.06) Submitted: 12/6/2006 8:34:04 AM : Start Price: $82.90 XJT Score: -91.07

This little airlines turns a profit consistently, something laudable in their very competitive and challenging industry. Must be run by some very bright people. Just a speculative play on a hunch, beyond that.

cibient (< 20) Submitted: 10/31/2006 1:21:37 PM : Start Price: $80.20 XJT Score: -93.38

This stock is stuck trading at a low P/E due to uncertainty of the 69 leased jets from Continental, and the future relationship with Continental. Continental also places a ceiling on ExpressJet's profit margin. However, management seems very competent and will announce news on the leased jets soon -- I expect a pop in the share price when this happens.

VinceEccles (< 20) Submitted: 10/21/2006 12:19:28 PM : Start Price: $79.50 XJT Score: -94.19

The only airline I would invest in. Undervalued and growing.

kf6pfk (< 20) Submitted: 9/20/2006 3:30:56 AM : Start Price: $73.30 XJT Score: -96.83

Value play on profitable regional airline

michael11717 (< 20) Submitted: 9/19/2006 8:54:47 PM : Start Price: $72.80 XJT Score: -97.06

valuation