secwatch.observer — SEC 8-K summary
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Issuer:     REPUBLIC AIRWAYS HOLDINGS INC. (RJET)
CIK:        0000810332
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0000950170-24-007716
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Air Q4 net loss $28.3M; FY net loss $120.1M; United deal adds $63.5M revenue
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- Q4 total operating revenues of $114.4M, down 9% YoY; net loss $28.3M ($0.69/diluted share).
- Adjusted net loss $26.4M ($0.64/diluted share) vs $13.5M loss a year ago.
- Full-year FY2023 revenue $498.1M, down 6.2%; net loss $120.1M ($3.04/diluted share).
- Post-quarter: United CPA rate increase projected to generate ~$63.5M incremental revenue over 12 months.
- Sold/excess CRJ-900 aircraft for $198M gross proceeds; $174.3M used to reduce debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810332/000095017024007716/0000950170-24-007716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810332/000095017024007716/mesa-20240126.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007716

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