UPDATE 1-ExpressJet suspends commercial operations=0ATue Jul 8, 2008 9:22pm= EDT=0A=A0 =0AEmail | Print | =0AShare| Reprints | Single Page | Recommend = (-) =0A[-] Text [+] =0A=A0=0ARelated News=0AActivision shareholders approve= Vivendi deal =0A2:55pm EST=0AiPhone UK websites swamped before Friday laun= ch =0A2:54pm EST=0ACanada=A2s spectrum auction nears end =0A1:47pm EST=0AIn= terDigital says ITC staff in favor of Samsung in patent suit =0A11:40am EST= =0AGM Europe puts solar roof on Spanish plant =0A7:54am EST =0A=A0powered b= y Sphere=0AFeatured Brokersponsored link=0ATrading will never be the same.= =0A(Recasts, adds detail)=0ANEW YORK, July 8 (Reuters) - ExpressJet Holding= s Inc (XJT.N: Quote, Profile, Research, Stock Buzz), the parent of ExpressJ= et Airlines, said on Tuesday it would suspend branded commercial operations= as of Sept. 2, blaming high fuel costs.=0A"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 mad= e the operation impossible to sustain."=0AThe announcement comes a week aft= er the Houston-based airline said it would terminate agreements with Delta = Air Lines Inc (DAL.N: Quote, Profile, Research, Stock Buzz) by mutual conse= nt as of Sept. 1 and return aircraft to its lessors within a year.=0AExpres= sJet is the latest U.S. airline to suffer from higher costs such as fuel, a= long with heavy competition.=0AThe company said it would continue flying 20= 5 aircraft branded as Continental Express to more than 150 destinations, as= well as continue its charter flight operations with a fleet of 30 aircraft= through ExpressJet Corporate Aviation.=0AExpressJet began flying under its= own brand last year to put a quarter of its fleet to use after former pare= nt Continental Airlines Inc (CAL.N: Quote, Profile, Research, Stock Buzz) c= anceled a capacity purchase agreement.=0AExpressJet rejected an unsolicited= $3.50-a-share bid from SkyWest Inc (SKYW.O: Quote, Profile, Research, Stoc= k Buzz) in April, saying the fair value of its stock was substantially high= er than that.=0AExpressJet shares last closed at $1.05 on June 20.=A0 Conti= nued...=0AView article on single pagePrevious Page 1 | 2 Next Page =A0=0ASh= are:=0ADel.icio.us=0ADigg=0AMixx=0AMy Web=0AFacebook=0ANewsvine=A0=0AGlobal= Markets News =0AWRAPUP 2-G8 set to clash with poorer states on climate =0A= FACTBOX-Highlights of U.S. actors' TV labor deal =0ARPT-GLOBAL MARKETS-Asia= stocks rebound as oil falls below $136 =0AJapan's Nikkei up 1.8 pct as fin= ancial worries ease =0AMore Global Markets News... =0ARelated Web News=0ALo= w-Fare Airlines Discount Growth Plans =0AWall Street Journal =0AUS Airways = soars on cost cutting moves =0ACNN Money =0A=A0=0Apowered by Sphere =0AAd= s by Google=0AWhat's This?=0AContinentalairlines=0ABook Continentalairlines= Fares Now. Save up to $112 Today Only!=0Awww.escapewizard.com=0ACheap Airl= ine Tickets=0ABuy Discounted Air Tickets and Save up to 65% on Most Fares= =0Awww.CheapoAir.com=0AContintenal airline=0ACompare the Best Deals Now. Th= e Ultimate Web Deals!=0ALowFares.com=0ABlood In The Streets=0AWhat The Feds= Aren't Telling You What You Must Do Now To Survive!=0AMoneyAndMarkets.com= =0A=A0=0AMost Popular on Reuters=0A=09* Articles=0A=09* Video=0A=09* Recomm= ended =091. Iran to "hit Tel Aviv, U.S. ships" if attacked =0A=092. Iraq in= sists on U.S. withdrawal timetable=A0=A0|=A0=A0Video =0A=093. Some coffee f= ans get grim delight in Starbucks woes =0A=094. Hurricane Bertha strengthen= s into "major" hurricane =0A=095. It pays to go in a public toilet =0A=096.= Arizona towns hurt as gangs see smuggling profit =0A=097. White House in c= limate change "cover up" =0A=098. Dollar and stocks rally as Bernanke calms= markets=A0=A0|=A0=A0Video =0A=099. Builder discovers "priceless" Tolkien p= ostcard =0A=0910. Woman overpowers thief with tea and sympathy =0AMost Popu= lar Articles RSS Feed Video=A0 =0A=091. Talk of the Town: Madonna's denial = =0A=092. Hebron settlers accused of beating =0A=093. It's off with Hitler's= waxwork head =0A=094. Rescued hostages speak =0A=095. Bombs go off in Paki= stan =0A=096. G8 eyes economy, oil woes =0A=097. 3 die as plane hits Bogota= home =0A=098. Wife carrying contest =0A=099. Firefighters defend town from= fires =0A=0910. McCain takes campaign to Colombia =0AMost Popular Videos R= SS Feed=0ANew York Photo Awards Multimedia Winner=0ABearing Witness=0AReute= rs award-winning multimedia piece, reflecting five years of reporting the w= ar in Iraq. =0A=0AWatch now <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> If you wish to unsubscribe from the AIRLINE List, please send an E-mail to: "listserv@xxxxxxxxxxxxxxxxx". Within the body of the text, only write the following:"SIGNOFF AIRLINE".