U.S. regional airlines, ExpressJet Holdings Inc
ExpressJet, which provides regional flights for Continental Airlines
ExpressJet operates more than 87 percent of its fleet through Houston-based Continental.
SkyWest, which flies for Delta Air Lines
The company reported net income of $9.4 million or 16 cents per share, compared with a profit of $29.1 million or 47 cents per share a year ago.
Revenue declined 22 percent to $673 million.
The carrier warned last month that results would trail expectations after its Atlantic Southeast Airlines unit grounded 60 jets for engine inspections.
The unit also experienced significant weather-related cancellations in Atlanta, the company said.
ExpressJet shares were up 12 cents to $1.84 on the New York Stock Exchange, while SkyWest shares were up 43 cents to $13.29.
(Reporting by Kyle Peterson; Editing by Derek Caney)