ExpressJet to suspend operations as of September

Houston based American airline, ExpressJet Holdings, said today it would suspend branded commercial operations as of September 2nd, blaming high fuel costs.

“If we had any other choice, we would not take this difficult action”, Jim Ream, ExpressJet’s president and chief executive, said in a statement. “However, rising fuel prices has made the operation impossible to sustain”.

ExpressJet is the latest U.S. airline to suffer from higher costs such as fuel, after several airlines had already reduce routes and staff, raise fares or, at worst, go bankrupt.

AvionNews