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Two regional U.S. airlines—Republic Airways and Mesa Air Group—will merge in an all-stock deal to form Republic Airways Holdings

Fortune LogoFortune15h ago

Two regional U.S. airlines—Republic Airways and Mesa Air Group—will merge in an all-stock deal to form Republic Airways Holdings - Fortune

Quick Summary:

Shares of Mesa Air Group, based in Phoenix, Arizona, surged more than 67% to $1.20 before the market open.

Once the transaction closes, Republic shareholders will own 88% of the combined company’s stock.

The combined airline will have a single fleet of approximately 310 Embraer 170/175 aircraft, with more than 1,250 daily departures.


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Two regional U.S. airlines—Republic Airways and Mesa Air Group—will merge in an all-stock deal to form Republic Airways Holdings - Fortune (Picture 1)

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Article Details

Author / Journalist: Michelle Chapman, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 15:48:35 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 5 lines

Sentence Length: 85 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27664590

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 81 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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News Language: English

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Publisher ID: #95

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  • URL: https://beamstart.com/news/two-regional-us-airlinesrepublic-airways-174404118

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