1144331--3/3/2009--EXPRESSJET_HOLDINGS_INC

related topics
{competitive, industry, competition}
{regulation, government, change}
{operation, natural, condition}
{regulation, change, law}
{debt, indebtedness, cash}
{stock, price, operating}
{stock, price, share}
{cost, contract, operation}
{system, service, information}
{personnel, key, retain}
{loss, insurance, financial}
{cost, regulation, environmental}
Our operations under the Continental CPA may no longer be profitable. Our charter operation and other aviation services may affect our ability to operate profitably. We remain dependent on Continental for the majority of our revenue and cash flows. Our Continental CPA could be terminated. We could lose access to our aircraft, facilities and regulatory authorizations if the Continental CPA were terminated. We may not be successful in retaining qualified personnel to maintain the current level of customer service and reliability. Consolidations in our industry can adversely impact our current business strategy. Amendments to the terms of the convertible notes increased our obligations and put our assets at risk. A significant percentage of our common stock outstanding is held by a small number of institutional stockholders. These institutional stockholders may be able to exert significant control over the election of our Board of Directors and the management of our business and their interests may differ from those of our other stockholders. Our common stock could be delisted from the NYSE. We may be responsible for additional taxes as a result of our tax agreement with Continental. We may be unable to obtain all of the parts or related support services we expect from Embraer to operate our aircraft. Maintenance costs will likely increase as the average age of our fleet increases. Reductions in insurance coverage or increases in rates could adversely impact our operations and financial results. Our cost structure may not be competitive with some of our competitors. Our business is subject to extensive government regulation and we may incur additional costs to comply with such regulations. We may be adversely affected by factors beyond our control, including weather conditions and the availability and cost of fuel Our reliance on technology could be harmful in the event of system failure. Our operations and financial condition could be adversely affected as a result of an aviation accident.

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