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Recent Updates — RJET

July 30, 2026View Source ↗

Republic Airways Holdings Inc. reported second quarter 2026 financial results and increased its full-year guidance. Revenues reached $571.1 million, up 40.8% year-over-year, driven by the integration of Mesa Airlines which added 60 E175 aircraft for United Airlines. Net income was $31.2 million ($0.68 per diluted share), with adjusted net income per share at $0.89. The company raised its full-year Adjusted EBITDAR guidance to a range of $395–$405 million and block hour production to at least 880,000. Balance sheet metrics included unrestricted cash of $277.6 million and total debt and lease liabilities of $1.2 billion, resulting in a trailing twelve-month leverage ratio of 2.4x. Matt Koscal serves as President & CEO. The company operates scheduled passenger flights under capacity purchase agreements for major carriers.

June 17, 2026View Source ↗

Republic Airways Holdings Inc. announced a leadership transition and executive compensation updates. Matthew J. Koscal was appointed as President and CEO, effective June 15, 2026, while David Grizzle resumed his position as non-executive Chairman of the Board. Former CEO David Grizzle received an aggregate cash payout of $3,695,156 and 311,802 shares of common stock as part of his transition. Additionally, CFO and COO Paul K. Kinstedt and Joseph P. Allman are being promoted to Executive Vice President, and each received an additional equity award of $500,000. Republic Airways Holdings Inc. operates in the regional airline industry and provides air transportation services.

June 17, 2026View Source ↗

Republic Airways Holdings Inc. amended its April 28, 2026, filing to detail approved compensation for Matthew J. Koscal, who becomes President and CEO on June 15, 2026. Koscal's annual base salary increases to $802,000 from $675,000. His target cash bonus opportunity rose to 114% of base salary, and his target long-term incentive award increased to 376% of base salary. Additionally, Koscal received a supplemental grant of 31,559 performance stock units valued at $628,333. David Grizzle will transition to non-executive Chairman of the Board upon the leadership change. Republic Airways Holdings Inc. is an aviation company providing regional airline services.