Mesa Air Group sells 18 E175s to United for $229M, leases them back; also sells 15 CRJ-900 airframes for $19M

REPUBLIC AIRWAYS HOLDINGS INC.

Sale of 18 ERJ-175 aircraft to United for gross $229.1M; $142.4M used to pay debt; 8 closed Dec 31 netting $35.8M.
Remaining 10 aircraft expected to close by Jan 31, 2025; concurrent leaseback agreements with United.
Sale of 15 used CRJ-900 airframes to third party for $19M gross; proceeds to pay down U.S. Treasury loan.
CRJ-900 airframe closings scheduled Jan-Apr 2025 subject to customary conditions.

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