Highest-materiality recent filing
Matthew J. Koscal appointed director and will become President and CEO on June 15, 2026, as part of planned succession.
Republic Airways Q1 net income $26.9M, adjusted EPS $0.73; reaffirms 2026 outlook
Revenue $527.4M, operating income $54.2M (10.3% margin); net income $26.9M ($0.58 diluted EPS).
Republic Airways Q4 net income $5.0M, revenue up 23% YoY; full-year adjusted EPS $2.80
Q4 net income $5.0M ($0.12 diluted EPS); adjusted net income $22.9M ($0.54 diluted EPS).
Republic Airways releases 2.74M shares to United for debt settlement; balance cancelled
2,744,348 shares released to United at $18.84/share (~$51.7M) on Feb 5, 2026.
Republic Airways reports 9M 2025 revenue $1,212.4M, net income $71.2M; files post-merger financials
Revenue for nine months ending Sep 30, 2025: $1,212.4M, up 11.3% vs $1,089.2M in 2024.
Mesa Air Group and Republic Airways complete merger; new entity trades as RJET with United CPA
Merger closed; Legacy Republic stockholders receive 88% interest, pre-closing Mesa stockholders 6%, 2.85M escrow shares for United.
Mesa Air reports Q4 loss; merger with Republic closes Nov 25, symbol to RJET
Merger with Republic Airways expected to close Nov 25, 2025; stock to trade as RJET.
Mesa Air Group announces 15:1 reverse stock split; ticker to change to RJET
Board approved 15:1 reverse stock split; authorized shares reduced from 125M to 8,333,333.
Mesa Air Group shareholders approve merger with Republic Airways
Merger Proposal approved: 29,695,963 For (71% of outstanding) vs 185,635 Against.
Mesa Air amends Treasury loan, extends maturity to Nov 28; merger vote set for Nov 17
Loan amendment: maturity extended to Nov 28, 2025; interest rate cut to 0% for 90 days; principal reduced by $12.3M upon full payment.
Mesa Air Group extends loan maturity to Nov 28, 2025, reduces interest to 0% for 90 days
Loan maturity extended from Oct 30, 2025 to Nov 28, 2025, with option for further 30-day extension.
Mesa Air Group Reports Q3 Fiscal 2025 GAAP Net Income of $20.9M and Merger Update with Republic
Q3 FY2025 total operating revenues of $92.8M and GAAP net income of $20.9M ($0.50 per diluted share).
Mesa Air Group files registration statement for proposed merger with Republic Airways
Filed Form S-4 and S-1 with SEC on July 10, 2025 for merger with Republic Airways Holdings Inc.
Mesa Air Group Q1 fiscal 2025 net loss of $114.6M (-$2.77/diluted); revenue down 13.1% to $103.2M
Total operating revenues $103.2M, down 13.1% YoY from $118.8M; contract revenue $80.7M, down 20.2%.
Mesa Air Q2 net loss $58.6M; adjusted loss $2.9M; Republic merger HSR filed
Q2 FY2025 net loss $58.6M ($1.42 diluted EPS); adjusted net loss $2.9M ($0.07).
Mesa Air reports Q4 FY2024 net loss $24.9M; announces all-stock merger with Republic
Net loss of $24.9M ($0.60 per share); adjusted net loss $0.1M ($0.00 per share).
Mesa Air and Republic Airways to merge; Mesa shareholders to own 6-12% of combined co
Republic shareholders to own 88% of combined co; Mesa shareholders to own 6-12% based on pre-close criteria.
Mesa Air Group receives second Nasdaq deficiency notice for delayed filings
Nasdaq notified Mesa on Feb 21, 2025 of continued non-compliance with Listing Rule 5250(c)(1) for delayed 10-K and 10-Q.
Mesa Air Group receives Nasdaq notice for late 10-K filing; expects to regain compliance
Received Nasdaq notice on Jan 15, 2025 for failure to timely file Form 10-K for FY ended Sep 30, 2024.
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.
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.
Mesa Air receives Nasdaq deficiency notice for late Q3 filing; 60 days to submit plan
Nasdaq notified Mesa on Aug 16, 2024 for failing to timely file Form 10-Q for period ended June 30, 2024.
Mesa Air Group director Jonathan Ireland resigns; United Airlines designee
Ireland resigned effective August 1, 2024; will not stand for reelection at Aug. 14 annual meeting.
Mesa Air Group posts Q2 net income of $11.7M, first profit in 11 quarters
Revenue $131.6M (+8% YoY); net income $0.28 diluted EPS vs loss $(0.88) prior year.
Mesa Air regains Nasdaq $1.00 minimum bid price compliance
On June 4, 2024, Nasdaq confirmed closing bid price at or above $1.00 for 10 consecutive business days (May 20–June 3).
Mesa Air Q1 FY2024 net loss $57.9M; revenues $118.8M down 19.3% YoY
Net loss of $57.9M ($1.41/diluted share) vs $9.1M loss in Q1 2023; adjusted net loss $21.8M ($0.53/share).
Mesa Air receives Nasdaq non-compliance notice for delayed Q2 10-Q; cure deadline Aug 12
Nasdaq notice on May 16, 2024 for failure to timely file Q2 FY2024 10-Q (period ended March 31).
Mesa Air transfers to Nasdaq Capital Market; gets 180-day extension to meet $1 bid price
Nasdaq approved transfer from Global Select to Capital Market, effective May 6, 2024.
Mesa Air receives Nasdaq deficiency notice for late Q1 FY2024 10-Q filing
Nasdaq notice on Feb 21, 2024 for failure to timely file Form 10-Q for Dec 31, 2023.
Mesa Air Q4 net loss $28.3M; FY net loss $120.1M; United deal adds $63.5M revenue
Q4 total operating revenues of $114.4M, down 9% YoY; net loss $28.3M ($0.69/diluted share).
Mesa Air: $63.5M revenue boost from United CPA amendment, $30M debt misclassification
Increased block-hour rates from United CPA, retroactive to Oct 1, 2023, estimated $63.5M incremental revenue over 12 months.
Mesa Air Group receives Nasdaq deficiency notice for late 10-K filing; expects to file this week
Received Nasdaq notice on Jan 4, 2024 for failure to timely file Form 10-K for period ended Sep 30, 2023.
Mesa Air receives Nasdaq notice for late 10-K filing; expects to file this week
Nasdaq notified Mesa on Jan 4, 2024 of non-compliance with Listing Rule 5250(c)(1) due to delayed Form 10-K.
Mesa Air Group receives Nasdaq deficiency notice for minimum bid price non-compliance
Received Nasdaq Deficiency Letter on Nov 3, 2023 for bid price closing below $1.00 for 30 consecutive business days.
CFO Daniel Zubeck resigns; President Michael Lotz named interim CFO
Daniel Zubeck resigns as CFO of Mesa Air Group, effective September 15, 2023.
Mesa Air reports Q3 net loss $47.6M, adjusted loss $27.2M; revenue falls 14.7%
Diluted EPS $(1.17) GAAP; adjusted EPS $(0.67); adjusted loss excludes $30.5M impairment on assets held for sale.
Mesa Air Q2 net loss $35.1M ($0.88/sh); revenue down 1.1%; transitions CRJ-900 to United
Total operating revenues $121.8M, down 1.1% YoY; contract revenue down 7.3%.
On June 15, 2026, concurrent with Mr. Koscal's succession to the Chief Executive Officer role, David Grizzle, the Company's former Chief Executive Officer for a transitional period that commenced on July 1, 2025, resumed his position as non-executive Chairman of the Board
In connection with the promotion of each of Mr. Joseph P. Allman, the Company's Chief Financial Officer and Paul K. Kinstedt, the Company's Chief Operating Officer, to the role of Executive Vice President, effective as of June 15, 2026
David Grizzle, the Company's former Chief Executive Officer for a transitional period that commenced on July 1, 2025, resumed his position as non-executive Chairman of the Board and rejoined the Corporate Governance Committee.
In connection with the promotion of each of Mr. Joseph P. Allman, the Company's Chief Financial Officer and Paul K. Kinstedt, the Company's Chief Operating Officer, to the role of Executive Vice President, effective as of June 15, 2026
increased the size of the Board to seven and appointed Matthew J. Koscal as a director, effective June 15, 2026, to serve until the Company's 2027 Annual Meeting of Stockholders, and until the election and qualification of his successor, or earlier death, resignation, retirement, disqualification or removal.
Mr. Grizzle resumed the role of non-executive Chairman of the Board of Directors
promoted Matthew J. Koscal to the role of President and Chief Executive Officer (principal executive officer), effective as of June 15, 2026
David Grizzle, the Company’s current Chairman and Chief Executive Officer (principal executive officer) will resume the role of non-executive Chairman of the Board of Directors
promoted Matthew J. Koscal to the position of President and Chief Executive Officer (principal executive officer), effective June 15, 2026.
effective August 1, 2024, Jonathan Ireland has resigned from the Company’s Board of Directors
Daniel McHugh, a member of the Company’s board of directors, passed away on January 12, 2024.
effective September 15, 2023, Daniel Zubeck, the Company’s Chief Financial Officer, will resign from the Company.
Max materiality 0.85 · Median 0.70 · Most common event earnings