secwatch.observer — SEC 8-K summary
======================================

Issuer:     REPUBLIC AIRWAYS HOLDINGS INC. (RJET)
CIK:        0000810332
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0000950170-24-114842
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Air Q3 net loss $19.9M; United extends E-175 rate, funds $14M fleet transition
--------------------------------------------------------------------------------

- Net loss $19.9M ($0.48 diluted); adjusted net loss $9.4M ($0.23) vs $27.2M loss a year ago.
- Revenue $110.8M, down 3.4% YoY; United Express contract revenue up 8.0% despite 3.3% fewer block hours.
- United extends increased E-175 block-hour rate through Aug 2025; reimburses up to $14M for all-E-175 fleet transition by Mar 2025.
- Sold 23 CF34-8C engines for $33.5M; used $29M to pay down U.S. Treasury debt. Cash at Sep 30: $15.4M.
- Sold Archer Aviation shares for $9.6M (cost $5.0M); retains ~1.17M unvested warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810332/000095017024114842/0000950170-24-114842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810332/000095017024114842/mesa-20241015.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-114842

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