secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC AIRWAYS HOLDINGS INC. (RJET)
CIK:        0000810332
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000950170-23-002366
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Air Group reports Q1 net loss of $9.1M, revenue down 0.4% YoY to $147.2M
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- Net loss of $9.1M ($0.25 diluted loss) vs. $14.3M loss a year ago; adjusted net loss $4.3M ($0.12 diluted loss).
- Total operating revenue $147.2M, down $0.6M (0.4%) from prior year; contract revenue down 6.2%.
- Adjusted EBITDA $21.8M, up from $17.0M; controllable completion factor improved at American (99.4%) and United (99.9%).
- Closed sale of 8 remaining CRJ-550s to United after quarter end; preparing CRJ-900 operation transition to United.
- Pilot attrition significantly lower after enhanced payscales and Aviate expansion; pipeline strengthening.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810332/000095017023002366/0000950170-23-002366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810332/000095017023002366/mesa-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer