Source-grounded facts extracted from REPUBLIC AIRWAYS HOLDINGS INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Bradford R. Rich retired as Chief Operating Officer at REPUBLIC AIRWAYS HOLDINGS INC..
“Mesa Air Group, Inc. (the “Company”) announced that, effective April 14, 2023, Bradford R. Rich, the Company’s Chief Operating Officer, has retired from the Company.”
Auditor Changes
REPUBLIC AIRWAYS HOLDINGS INC. engaged RSM US LLP as its auditor.
“On March 17, 2023 the Committee appointed RSM US LLP (“RSM”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending September 30, 2023.”
Auditor Changes
REPUBLIC AIRWAYS HOLDINGS INC. dismissed Ernst & Young LLP as its auditor.
“On March 13, 2023, Mesa Air Group, Inc. (the “Company”), upon the approval of the Audit Committee (the “Committee”) of the Board of Directors of the Company, notified Ernst & Young LLP (“EY), the Company’s current independent registered public accounting firm, that it would be dismissed from that position effective March 17, 2023.”
Shareholder Votes
REPUBLIC AIRWAYS HOLDINGS INC. shareholders approved Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2023-02-23 meeting.
“2. Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm. The Company’s shareholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023, by the vote indicated below: Votes For Votes Against Abstentions 24,275,955 230,311 65,003”
Shareholder Votes
REPUBLIC AIRWAYS HOLDINGS INC. shareholders approved Election of Directors at the 2023-02-23 meeting.
“1. Election of Directors. The Company’s shareholders elected, by the vote indicated below, the following seven persons as directors of the Company, each to serve as such for a one-year term, or until his or her respective successor is duly elected and qualified:”
Earnings Releases
REPUBLIC AIRWAYS HOLDINGS INC. reported financial results for quarter ended December 31, 2022.
“On February 9, 2023, the Company issued a press release announcing its financial and operating results for its quarter ended December 31, 2022.”
Governance Changes
REPUBLIC AIRWAYS HOLDINGS INC.: Added Section 3.15 granting United the right to designate one board member if holding at least 5% of shares; added Section 3.16 restricting certain board actions until January 1, 2026 or earlier conditions (effective 2023-01-13).
“On January 13, 2023, the Company’s Board of Directors approved a resolution to amend the Company’s Amended and Restated Bylaws (the “Bylaws”) effective on that date.”
Earnings Releases
REPUBLIC AIRWAYS HOLDINGS INC. reported fiscal full-year 2022 results: revenue $531.0 million, net income $182.7 million, EPS $(5.06) per diluted share.
“Total operating revenues of $531.0 million • Pre-tax loss of $234.7 million, net loss of $182.7 million or $(5.06) per diluted share”
Earnings Releases
REPUBLIC AIRWAYS HOLDINGS INC. reported fourth quarter 2022 results: revenue $125.6 million, net income $115.6 million, EPS $(3.18) per diluted share.
“Total operating revenues of $125.6 million • Pre-tax loss of $148.6 million, net loss of $115.6 million or $(3.18) per diluted share”
Material Agreements
REPUBLIC AIRWAYS HOLDINGS INC. entered into Engine Sale and Purchase Agreement with United Airlines, Inc. valued at Sale of 30 GE aircraft engines, gross proceeds approximately $80.0 million, net proceeds approximate (effective 2022-12-27).
“On December 27, 2022, the Company entered into an Engine Sale and Purchase Agreement with United (the “Engine Sale Agreement”).”
Material Agreements
REPUBLIC AIRWAYS HOLDINGS INC. entered into Assignment and Assumption Agreement and Amended Credit Facility with United Airlines, Inc. valued at Revolving loan of $10.0 million bridge loan due January 31, 2024; revolving commitments of $30.7 mil (effective 2022-12-27).
“Revolving Line of Credit In connection with the above-referenced Amendment to the United CPA, United has agreed to purchase and assume, pursuant to an Assignment and Assumption Agreement (the “Assignment”), all of CIT Bank’s (“CIT”) rights and obligations under Mesa’s and Mesa Air Group Airline Inventory Management, L.L.C.’s existing Credit and Guaranty Agreement with CIT, which is guaranteed by the Company (the “Existing Agreement”).”
Material Agreements
REPUBLIC AIRWAYS HOLDINGS INC. entered into Third Amended and Restated Capacity Purchase Agreement with United Airlines, Inc. valued at Addition of up to 38 CRJ-900 aircraft; increased rates for pilot pay; United responsible for convers (effective 2022-12-27).
“Amendment to United CPA Mesa Air Group, Inc. (the “Company”) today announced that its wholly owned subsidiary, Mesa Airlines, Inc. (“Mesa”), entered into the Third Amended and Restated Capacity Purchase Agreement with United Airlines, Inc. (“United”) (as amended and restated, the “United CPA”), dated as of December 27, 2022, which amends and restates that certain Second Amended and Restated Capacity Purchase Agreement, dated as of November 4, 2020, with United (as theretofore amended).”
Material Agreements
REPUBLIC AIRWAYS HOLDINGS INC. amended Modification and Waiver Agreement with United States Department of the Treasury and The Bank of New York Mellon, as Administrative Agent and Collateral Agent (effective 2022-12-22).
“On December 22, 2022, Mesa Air Group, Inc. (the “Company”) and its wholly owned subsidiaries, Mesa Airlines, Inc. (“Mesa”) and Mesa Air Group Airline Inventory Management, L.L.C., entered into a Modification and Waiver Agreement (the “Modification Agreement”) with the United States Department of the Treasury (the “Treasury”) and The Bank of New York Mellon, as Administrative Agent and Collateral Agent (the “Bank of New York”). The Modification Agreement provides for the amendment of the Loan and Guarantee Agreement, dated as of October 30, 2020 (as theretofore amended, the “Loan Agreement”), among Mesa, as Borrower, the Company, as a Guarantor, the Guarantors party thereto from time to time, the Treasury, and the Bank of New York.”
Michael J. Lotz changed role as Chief Financial Officer at REPUBLIC AIRWAYS HOLDINGS INC..
“Mr. Zubeck succeeds Michael J. Lotz, who has served as the Company’s Chief Financial Officer since 2008. Mr. Lotz will continue to serve in his role as the Company’s President and will be involved in the strategic financial direction, strategies, plans and policies of the Company.”
Torque Zubeck was appointed as Chief Financial Officer at REPUBLIC AIRWAYS HOLDINGS INC..
“Effective October 1, 2021, Mesa Air Group, Inc. (the “Company”) promoted Torque Zubeck, the Company’s Senior Vice President of Finance, to the position of Chief Financial Officer to serve in such position until his successor is appointed or until his earlier resignation or removal.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.