Former United Shuttle ExpressJet Shuts Down, Plans Liquidation

ExpressJet Airlines, a small regional carrier that was once among the world’s biggest by fleet size, filed for bankruptcy with plans to liquidate after ceasing operations.

The company, based in Georgia, listed assets and liabilities of no more than $50 million each in its bankruptcy petition. ExpressJet laid off most of its workforce prior to filing for bankruptcy, according to court papers.

The carrier struggled to scale its operations after losing a contract to fly for United Airlines Holdings Inc. in 2020, court papers show. It shut down for about a year after losing the deal, then ...