Welcome to our dedicated page for Mesa Air Group news (Ticker: MESA), a resource for investors and traders seeking the latest updates and insights on Mesa Air Group stock.
Mesa Air Group, Inc. (NASDAQ: MESA) has been an active issuer of operational and corporate updates as a regional airline holding company for Mesa Airlines, which flies as United Express under capacity purchase agreements with United Airlines, Inc. News about Mesa frequently centers on quarterly and annual financial results, fleet changes, and the performance of its Embraer 175 regional jet operations.
Recent press releases highlight Mesa’s transition to a single E-175 fleet, the wind-down and sale of surplus CRJ-900 aircraft and engines, and the use of asset sale proceeds to repay debt, including obligations under a loan agreement originally entered into with the U.S. Treasury. The company’s news also emphasizes operating statistics such as controllable completion factor, block-hour utilization, and daily departures, reflecting its focus on reliability and efficiency in United Express flying.
A major theme in Mesa’s recent news flow is its merger with Republic Airways Holdings Inc. The companies announced a definitive all-stock merger agreement, and Mesa subsequently reported key milestones such as the filing of a registration statement on Form S-4/S-1, the expiration of Hart-Scott-Rodino review periods, shareholder approval of the merger proposals, and the expected and then completed closing of the transaction. Post-merger communications reference the surviving corporation under the name Republic Airways Holdings Inc. and the anticipated Nasdaq trading symbol RJET.
Investors and followers of MESA-related news can expect coverage of earnings releases, non-GAAP financial reconciliations, updates on fleet and asset transactions, amendments to financing arrangements, Nasdaq listing notices, and detailed information about the integration of Mesa’s operations into the larger Republic platform. This news page aggregates those announcements to provide a structured view of Mesa’s historical performance and its transformation through the merger with Republic Airways Holdings Inc.
Mesa Air Group (NASDAQ: MESA) reported results for the three and nine months ended September 30, 2025 and provided a merger update with Republic Airways Holdings. For the September quarter, total operating revenue was $90.7 million, with a GAAP net loss of $14.1 million (loss of $0.34 per diluted share) and an adjusted net loss of $2.1 million. Adjusted EBITDAR was $3.7 million. The company sold surplus CRJ-900 airframes and GE-34 engines for combined gross proceeds of about $38.7 million (two closings), using ~ $36.7 million to repay U.S. Treasury and other debt. Mesa ended the quarter with $38.7 million cash and $95.2 million total debt, down from $315.2 million a year earlier.
Shareholders approved the Merger with Republic; close expected Nov 25, 2025. Mesa authorized a 15-for-1 reverse stock split; post-close common stock expected to trade as RJET.
Mesa Air Group (Nasdaq: MESA) announced that shareholders approved all proposals at its special meeting on Nov. 18, 2025, including the merger agreement with Republic Airways. The merger vote totaled 29,695,963 for, 185,635 against, and 37,271 abstentions, equal to approximately 99.25% of votes cast. Shareholders representing about 71.4% of outstanding shares entitled to vote participated. No broker non-votes were recorded. The company said it will file a Current Report on Form 8-K with the certified results. The merger remains subject to customary regulatory approvals and closing conditions and is expected to close this week.
Mesa Air Group (NASDAQ: MESA) entered an Amendment to its Loan Agreement dated Oct 30, 2020: the lender extended the maturity to Nov 28, 2025 (with a one-time 30-day extension option), set the interest rate to 0% for 90 days, waived certain covenant tests through maturity, required a cash deposit and pledge of an aircraft engine as additional collateral, and agreed to a $12.3 million principal reduction contingent on payment in full at maturity.
Separately, Mesa and Republic announced an all-stock merger (Apr 7, 2025). Stockholder meeting is set for Nov 17, 2025 with a tentative closing of Nov 19, 2025. The combined company is estimated to have a $1.8B–$2.0B twelve-month run-rate revenue, pro forma cash in excess of $300M, and pro forma debt of approximately $1.1B. Pre-merger Mesa shareholders would hold 6%–12% of the combined company. Mesa reports federal NOLs of $277.6M and state NOLs of $150.6M. Fleet: 60 E-175 aircraft; ~254 daily departures; ~1,645 employees.
Mesa Air Group (NASDAQ: MESA) reported its Q3 fiscal 2025 results and provided updates on its proposed merger with Republic Airways Holdings. The company posted total operating revenues of $92.8 million and net income of $20.9 million ($0.50 per diluted share).
Key operational highlights include achieving a 99.99% controllable completion factor and increasing daily block hour utilization to 9.8 hours. Mesa has successfully transitioned to a single fleet operation of Embraer 175s, with 160 pilots trained to transition from CRJ to E-175 fleet.
Regarding the merger with Republic Airways, the combined company is projected to generate annual revenue of $1.8-2.0 billion. The merged entity is expected to have over $300 million in cash and approximately $1.1 billion in debt, with Mesa contributing no debt. The merger process continues with HSR Act clearance obtained and pending stockholder approval.
Mesa Air Group (NASDAQ: MESA) has announced the filing of a registration statement on Form S-4 and S-1 with the SEC in connection with its proposed merger with Republic Airways Holdings Inc. The filing, submitted on July 10, 2025, includes a proxy statement and preliminary prospectus.
Once the SEC declares the registration statement effective, Mesa will mail the final proxy statement/prospectus to its stockholders for their vote on the merger. The company emphasized that the registration statement is currently pending effectiveness, and its contents may be subject to changes. No securities can be sold or offers accepted until the registration becomes effective.
Republic Airways Holdings and Mesa Air Group (NASDAQ: MESA) have announced a definitive merger agreement to create America's leading regional airline in an all-stock transaction. The combined entity will operate under the name Republic Airways Holdings Inc. with the ticker symbol 'RJET' on NASDAQ.
The merger will unite a fleet of approximately 310 Embraer 170/175 aircraft, operating over 1,250 daily departures. Republic shareholders will own 88% of the combined company, while Mesa shareholders will own between 6-12% based on pre-closing criteria. The transaction is expected to close in late Q3 or early Q4 2025.
The combined company is projected to generate revenues of approximately $1.9 billion, with pretax margins of 7-9% and adjusted EBITDA exceeding $320 million. The merger will maintain existing partnerships with American Airlines, Delta Air Lines, and United Airlines, with Mesa's operations supporting United under a new 10-year capacity purchase agreement.
Mesa Air Group (NASDAQ: MESA) has received a notice from Nasdaq's Listing Qualifications Department on February 21, 2025, regarding non-compliance with listing requirements. The notice stems from Mesa's delayed filing of both its Q1 2025 Form 10-Q and FY2024 Form 10-K reports.
The company has until March 17, 2025 to submit a compliance plan to Nasdaq. If accepted, Mesa could receive an extension until July 14, 2025 to regain compliance. The filing delay is not related to any financial restatement or auditor disagreements. Currently, the notice does not affect Mesa's listing status on the Nasdaq Capital Market.
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