Mesa Air Group, Inc. (NASDAQ: MESA) reported operating and financial results for the quarter ended September 30, 2025.
The company also provided an update on its merger with Republic Airways Holdings Inc.
Total operating revenues for the quarter were $90.7 million with a pre-tax loss of $11.6 million and a net loss of $14.1 million.
Adjustments were made to reflect an adjusted net loss of $2.1 million and an adjusted pre-tax loss of $1.7 million.
Operational achievements included a controllable completion factor of 100.00% and highest on-time arrival rates among United regional operators.
Financial Results
Total operating revenues of $90.7 million with adjusted net loss of $2.1 million.
Operational Performance
Achieved a 100.00% controllable completion factor and highest on-time arrival rates among United regional operators.
Asset Transactions
Closed sales of spare engines and airframes, using proceeds to repay debts.
Merger Update
Stockholders approved all proposals related to the merger with Republic Airways Holdings Inc.
- Mesa's financial results showed a pre-tax loss of $11.6 million and a net loss of $14.1 million, primarily due to impairment charges on assets held for sale.
- The company's operational performance highlighted operational efficiencies with a controllable completion factor of 100.00% and strong on-time arrival rates.
- Asset transactions resulted in proceeds used for debt repayment, showcasing financial management strategies.
- Approval of merger proposals indicates positive market sentiment towards the merger with Republic Airways Holdings Inc.
Mesa Air Group's recent financial and operational performance reflects strategic initiatives aimed at improving efficiency and financial stability. The approval of merger proposals signals a significant step towards the completion of the merger with Republic Airways Holdings Inc.