Republic Airways Holdings Inc. has finalised the merger between Republic Airways and Mesa Air Group, a process that has been underway since April 2025 when it was first announced. Now, Republic stockholders own around 88% of the company’s common stock, while Mesa Stockholders own at least 6% and up to 12% of the combined company’s common stock. This newly formed company will own the largest Embraer jet fleet in the world, totalling 310 E-Jets across over 1,300 daily departures, placing itself as one of the largest regional airlines in the United States.
As the two airlines consolidate into a single carrier, Republic and Mesa will maintain parallel operations for a time, and Republic will continue with its existing capacity purchase agreements (CPAs) with American Airlines, Delta, and United. Meanwhile, Mesa will now support United with a new 10-year CPA.
“This merger establishes a combined company with a common mission to provide safe, clean, and reliable service to connect people and communities across America. The transaction will create value for all of our stakeholders and strengthen the regional aviation industry,” said David Grizzle, CEO of Republic Airways. “Today, Republic returns to the public markets as a well-capitalised airline with a strong strategic plan, a capable and proven workforce of aviation professionals, and a horizon bright with opportunity.”
“Bringing Republic and Mesa together is the natural next step for Republic,” commented Matt Koscal, President of Republic Airways. “It continues a growth trajectory that stretches back more than five decades, makes us a stronger and more capable partner for our customers, will create new job and career opportunities for our people, and offers a compelling investment opportunity in an essential industry.”
Republic Airways was founded in 1974 and was initially headquartered in Indianapolis, Indiana, serving destinations across the U.S., Canada, the Caribbean, and Mexico. Mesa was founded in 1982 and originally operated a regular air service between Farmington and Albuquerque. Over the years the airline accumulated a fleet of Embraer aircraft and became the first regional airline to solely operate large regional jets.
Photo: Republic Airways
