Republic Airways Holdings Inc. (NASDAQ: RJET) has successfully completed the merger with Mesa Air Group, Inc.
Republic Airways now owns approximately 88% of the combined company's common stock with Mesa holding up to 12%
The merger will result in the world's largest Embraer jet fleet with over 1,300 daily departures supporting major airlines like American, Delta, and United
Merger Completion
The merger between Republic Airways and Mesa Air Group has been finalized, strengthening the regional aviation industry.
Ownership Distribution
Republic Airways now holds 88% of the combined company's common stock, with Mesa Air Group owning up to 12%.
Strategic Partnership
The merger allows Republic Airways to continue supporting major airlines under existing capacity purchase agreements.
- The merger establishes a unified company committed to connecting people and communities across America safely and reliably.
- The combined organization now boasts the largest Embraer jet fleet, enhancing its operational capacity and market position.
Republic Airways re-enters the public markets as a well-capitalized airline poised for growth and success in the regional aviation sector.