Republic Airways (RJET)
Operates contracted regional flights for American, Delta, and United.
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Supplies regional passenger capacity to American, Delta, and United through capacity-purchase agreements. Republic Airways and Mesa Airlines fly an all-Embraer E170/E175 fleet under partner brands, making contracted operations rather than direct consumer ticketing the business's defining structure.
Regional passenger capacity is supplied to American, Delta, and United under their branded networks. The sole reportable segment is regional airline services, with substantially all revenue derived from U.S. customers.
Republic Airways and Mesa Airlines operate the service with an all-Embraer E170/E175 fleet across the United States, Canada, Mexico, and the Caribbean. The capacity-purchase model provides scheduled flying under American Eagle, Delta Connection, and United Express rather than a separate consumer airline brand.
Operations depend on major-airline partners continuing to contract regional capacity, as well as labor and fleet execution, FAA compliance, and integration of Mesa systems and operations.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $299.8M · Total debt $1.19B · Total assets $3.26B · Shareholders' equity $1.39B
- Revenue
- $571.1M
- Operating income
- $72.3M
- Net income
- $31.2M
HistoryDividendAnnual yield
| Institutions | 84.98% | 39.79M shares | |
|---|---|---|---|
| 62 holders · as of Jun 30, 2026 | |||
| Insiders | 3.65% | 1.71M shares | |
| 22 holders · as of Aug 19, 2026 | |||
| Other | 11.37% | 5.32M shares | |
| remainder | |||
46.82M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
United Airlines Holdings, Inc.Institution | 22.41% | 10.49M | as of Jun 30, 2026 |
American Airlines Group Inc.Institution | 20.84% | 9.76M | as of Jun 30, 2026 |
Delta Air Lines, Inc.Institution | 14.46% | 6.77M | as of Jun 30, 2026 |
Contrarian Capital Management, L.L.C.Institution | 9.29% | 4.35M | as of Jun 30, 2026 |
Owl Creek Asset Management, L.P.Institution | 9.14% | 4.28M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Dec 9, 2025 | Jennifer Newstead | officer: Chief Legal Officer | −519 | $664.16 |
| Dec 8, 2025 | Javier Olivan | officer: Chief Operating Officer | −517 | $669.63 |
| Dec 2, 2025 | Jennifer Newstead | officer: Chief Legal Officer | −519 | $642.22 |
| Dec 1, 2025 | Javier Olivan | officer: Chief Operating Officer | −517 | $639.03 |
| Nov 25, 2025 | Jennifer Newstead | officer: Chief Legal Officer | −519 | $624.14 |
- SkyWest
Independent regional capacity flying across four major-airline partners
- American Airlines Group
Owner of Envoy, PSA, and Piedmont American Eagle operators
- Delta Air Lines
Owner of Endeavor Air, a Delta Connection regional operator
- Alaska Air Group
Owner of Horizon Air, an E175 regional capacity operator
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Republic Airways | $18.96 | +4.93% | $846.2M | — | 5.0 | 0.5 | +515.5% |
| SkyWest | $102.18 | +1.97% | $3.97B | 10.0 | 8.8 | 0.9 | +6.5% |
| American Airlines Group | $13.65 | +0.55% | $8.98B | — | 13.1 | 0.2 | +16.3% |
| Delta Air Lines | $83.57 | +1.30% | $54.25B | 13.7 | 10.9 | 0.8 | +18.7% |
| Alaska Air Group | $42.34 | +1.05% | $4.67B | — | 43.7 | 0.3 | +9.8% |
| Median | 11.8 | 12.0 | 0.6 | +13.0% |