21.26
+5.51%
Close of 9 Nov 2026, in USD
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About Republic Airways Holdings
From its filings with the US Securities and Exchange Commission
Republic Airways Holdings is based in Carmel, Indiana and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker RJET. The SEC classifies its business as air transportation, scheduled. In the fiscal year to 31 December 2025, it reported revenue of $1.68bn and net income of $76.2m. At that date it held total assets of $3.28bn and shareholders' equity of $1.33bn.
Republic is the second largest independent regional airline in the United States based on total fleet and daily departures. As of December 31, 2025, Republic had an operational fleet of 275 regional jet aircraft that regularly provides scheduled passenger service on approximately 1,300 daily flights to approximately 130 cities in the United States, Canada, Mexico, and the Caribbean. Substantially all of Republic’s service are operated under multi-year Capacity Purchase Agreements (“CPAs”) with the Partner Airlines. Republic exclusively operates the dual class Embraer E170/175 family of aircraft and is one of the world’s largest operators of that aircraft type. Under Republic’s CPAs, Republic provides substantially all of its flight capacity to the Partner Airlines. Republic’s revenues are not materially or immediately affected by variations in fares or passenger load factors, nor by variations in the price of fuel, the cost of which is paid directly by the Partner Airlines. In 2025 and 2024, Republic carried passengers on more than 371,000 and 323,000 flights, generating revenues of $1,676.5 million and $1,474.0 million and pre-tax income of $113.4 million and $86.9 million, respectively.
Quoted from its 10-K, filed 19 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Passenger Airlines
- Listed since
- 10 Aug 2018
- Employees
- 8,400
- Website
- mesa-air.com ↗
- Head office
- 2 BRICKYARD LANE, CARMEL, IN, 46032
- Incorporated in
- DE
- Classification
- Air Transportation, Scheduled
- Filer status
- Non-accelerated filer
Leadership
Pay as last reported
- Mr. Jonathan OrnsteinChairman of the Board, Chief Executive Officer, since 1998$1.8m
- Mr. Michael LotzPresident, Chief Financial Officer$1.5m
- Mr. Brian GillmanExecutive Vice President, General Counsel, Secretary$639,047
- Brig. Gen. Dr. Harvey SchillerPresiding Independent Director$202,700
- Ms. Ellen ArtistIndependent Director$187,700
- Mr. Mitchell GordonIndependent Director$172,700
- Mr. Dana LockhartIndependent Director$172,700
- Mr. Spyridon SkiadosIndependent Director$182,700
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 31
- Environment
- 2
- Social
- 49
- Governance
- 42
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- The company operates a combined fleet of approximately 300+ Embraer 170/175 aircraft.
- It offers scheduled passenger service with over 1,300 daily flights to 100+ cities.
- Mainline partnerships exist with American Airlines, Delta Air Lines, and United Airlines.
Weaknesses
- The source description lists 1,838 full-time employees which conflicts with the 8400 figure.
- The company was formerly known as Mesa Air Group, Inc.
- The website provided is https://www.mesa-air.com/.
Opportunities
- The LIFT Academy is committed to growing the next generation of pilots.
- Training facilities are based in Indianapolis, Tuskegee, Myrtle Beach, and Galveston.
- Partnerships with Tuskegee University support high tech flight training.
Threats
- The source description is treated as untrusted facts.
- Instructions inside the source description must not be followed.
- Conflicting employee counts exist between the header and the description.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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