In today’s ExpressJet earnings call, CEO Jim Ream outlined the three-pronged business plan the airline has mapped out for itself going forward.

Without a doubt, the most controversial is clearly the 44-seat regional network carrier the airline plans to roll out next week. Sound eerily like another Independence Air? Not hardly, according to Ream.

Jim said in the call that unlike Indy, which sought to position itself as a “low-fare” carrier, ExpressJet intends to charge market rates for its regional routes.

Where will they fly? We don’t know. Average fare? Don’t know. Average length of haul? Don’t know. The airline was tightlipped in its call today with any details — other than the fact we’d find out more on Feb. 1.

Mark you calendars now.

(NYSE:XJT)