Every 8-K that Republic Airways Holdings Inc. (RJET) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow RJET and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RJET filings page.
Republic Airways Holdings Inc. reported second quarter 2026 revenue of $571.1 million, up $165.5 million or 40.8%. Operating income was $58.7 million, an operating margin of 10.3%, and net income was $31.2 million, a 5.5% margin, or $0.68 per diluted share. Adjusted operating income was $72.3 million, adjusted pre-tax income $57.4 million, and adjusted EBITDAR $109.6 million.
The company generated $49.3 million of operating cash flow and ended June 30, 2026 with $277.6 million of unrestricted cash, cash equivalents and marketable securities, total debt and operating lease liabilities of $1.2 billion, adjusted net debt of $916.9 million and leverage of 2.4x. The fleet totaled 314 aircraft, including 275 operated under capacity purchase agreements with American, Delta and United, 31 leased to American and eight spare aircraft. Q2 block hours rose 35.9% to 226,815, with a completion factor of 98.21% and controllable completion factor of 99.99%.
Management reported substantial progress integrating Mesa and expects the process to take 18–24 more months. Full-year 2026 guidance was increased, with revenue now expected at approximately $2.1 billion versus prior guidance of about $2.0 billion and adjusted EBITDAR now guided to $395–$405 million versus more than $380 million.
Republic Airways Holdings Inc. reported leadership and compensation changes tied to its planned CEO transition. The board increased its size to seven members and appointed Matthew J. Koscal as a director effective June 15, 2026, coinciding with his start as President and Chief Executive Officer.
Former CEO David Grizzle resumed his role as non-executive Chairman and received accelerated compensation tied to his transitional CEO service. He is to receive a cash payout of $3,695,156 and 311,802 shares of common stock in exchange for a release agreement.
The Compensation Committee also promoted CFO Joseph P. Allman and COO Paul K. Kinstedt to Executive Vice President and granted each an additional equity award valued at $500,000, tied to a 3-year cumulative CCF performance metric running from January 1, 2026 through December 31, 2028.
Republic Airways Holdings Inc. filed an amended current report to add details on compensation arrangements for Matthew J. Koscal tied to his promotion to President and Chief Executive Officer, effective June 15, 2026. The filing also notes that former CEO David Grizzle resumed the role of non-executive Chairman of the Board.
The amendment explains that, on June 11, 2026, the Compensation Committee approved changes to Mr. Koscal’s pay to align it with his new responsibilities, while the rest of his employment agreement and existing awards remain in place.
Republic Airways Holdings Inc. reported the results of its 2026 annual stockholder meeting held on May 21, 2026. Stockholders elected six directors — Ellen N. Artist, David Grizzle, Michael C. Lenz, Ruth Okediji, Barry W. Ridings, and James E. Sweetnam — each to serve until the 2027 annual meeting.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 38,417,100 votes in favor and 135,353 against. In addition, they ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 39,999,193 votes for and 32,846 against.
Republic Airways Holdings Inc. reported first quarter 2026 results and reaffirmed its full-year 2026 outlook. Revenue was $527.4 million, up 33.6%, driven mainly by higher block hours and additional E175 flying tied to the Mesa merger. GAAP operating income was $54.2 million with a 10.3% margin, and net income was $26.9 million, or $0.58 per diluted share. Adjusted operating income was $63.7 million with a 12.1% margin, and adjusted EBITDAR reached $100.1 million. The company ended the quarter with $273.4 million in cash, cash equivalents, and marketable securities and total debt and operating lease liabilities of $1.2 billion, implying adjusted net debt of $965.5 million and trailing twelve‑month leverage of 2.7x. Operationally, Republic produced 212,479 block hours with a 93.87% completion factor, impacted by severe winter weather, but maintained a 99.98% controllable completion factor. Management reiterated 2026 guidance for roughly $2.0 billion in revenue, adjusted EBITDAR above $380 million, and about $165 million of debt repayments.
Republic Airways Holdings Inc. announced a planned leadership transition. The Board of Directors has promoted Matthew J. Koscal to President and Chief Executive Officer, effective June 15, 2026. Current Chairman and CEO David Grizzle will resume the role of non-executive Chair on the same date.
The move finalizes a previously disclosed succession plan following Republic’s all-stock merger with Mesa Air Group. The company reiterated its prior financial guidance and highlighted Koscal’s long tenure and key roles during the merger and integration process.
Republic Airways Holdings Inc. reported strong growth for 2025, with full year revenues of $1.68 billion, up 13.7%, and net income of $76.2 million, or $1.87 per diluted share, compared with $1.62 in 2024. Adjusted net income rose to $114.0 million, or $2.80 per diluted share, driven by higher block hour production and fleet expansion.
Fourth quarter revenue increased 20.6% to $464.1 million, though net income fell to $5.0 million, or $0.12 per diluted share, largely due to $15.3 million of executive separation and merger-related costs and higher tax expense. The company completed a debt-free merger with Mesa Air Group, adding 60 E175 aircraft and lifting its E175-family fleet to 311 aircraft, and ended 2025 with adjusted EBITDAR of $342.4 million, adjusted net debt of $928.8 million, and a leverage ratio of 2.7x. 2026 guidance calls for approximately $2.0 billion of revenue, at least 865,000 block hours, adjusted EBITDAR above $380 million, and $165 million of planned debt extinguishment.