Republic Airways Holdings Inc 2026年季度报告

For the quarterly period ended June 30, 2026ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38626Republic Airways Holdings Inc.(Exact name of registrant as specified in its charter) 2 Brickyard LaneCarmel, Indiana 46032(Address of principal executive offices)(Zip Code)(317) 484-6000(Registrant’s telephone number, including area code) Not Applicable(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report) If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act. REPUBLIC AIRWAYS HOLDINGS INC.QUARTERLY REPORT ON FORM 10-QTABLE OF CONTENTS Part I - Financial Information Item 1. Financial StatementsItem 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and Procedures 2193434 Part II - Other Information Item 1. Legal Proceedings36Item 1A. Risk Factors37Item 2. Unregistered Sales of Equity Securities and Use of Proceeds37Item 3. Defaults Upon Senior Securities37Item 4. Mine Safety Disclosures37Item 5. Other Information37Item 6. Exhibits37 Signatures39 REPUBLIC AIRWAYS HOLDINGSINC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETSAS OF JUNE 30, 2026 AND DECEMBER 31, 2025(UNAUDITED)(In millions, except share and per share amounts) REPUBLIC AIRWAYS HOLDINGSINC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSFOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025(UNAUDITED)(In millions, except per share amounts) REPUBLIC AIRWAYS HOLDINGSINC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITYFOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025(UNAUDITED)(In millions, except share amounts) REPUBLIC AIRWAYS HOLDINGS INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSFOR THE SIX MONTHS ENDED JUNE 30, 2026 AND 2025(UNAUDITED)(In millions) REPUBLIC AIRWAYS HOLDINGS INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 1.ORGANIZATION & BUSINESS Republic Airways Holdings Inc. (the “Company,” the “Parent,” or “Republic”) is a Delaware holding company conductingsubstantially all of its operations through its wholly-owned regional air carrier subsidiaries, Republic Airways Inc. (“Republic Airways”) andMesa Airlines, Inc. (“Mesa” or “Mesa Airlines”). The Company regularly provides scheduled passenger service on approximately 1,300 flightsdaily to approximately 125 cities in the United States, Canada, Mexico, and the Caribbean operating under the American Eagle, DeltaConnection, and United Express brands through the Company’s partnerships with American Airlines, Inc. (“American Airlines”), Delta AirLines, Inc. (“Delta Air Lines”), and United Airlines, Inc. (“United Airlines”) (collectively, our “Partners” or “Partner Airlines”) under fixed-feecapacity purchase agreements (“CPA,” or collectively, our “CPAs”). The Company’s operating subsidiaries, Republic Airways and MesaAirlines, exclusively operate the Embraer E170/175 family of aircraft among our Partner Airlines’ hub and focus cities. On November 25, 2025, the Company and Mesa Air Group, Inc. (“Mesa Parent”), former parent company of Mesa Airlines, completeda merger between Republic Airways Holdings Inc. and Mesa Air Group, Inc., whereby the Company merged with and into Mesa Air Group,Inc. (the “Merger”). The legal entity Mesa Air Group, Inc. continued as the surviving corporation; however, upon completion of the Merger, thelegal entity was renamedRepublic Airways Holdings Inc. The Company, on a pre-Merger basis, is referred to as “Legacy Republic.” TheCompany includes the operations of Legacy Republic, and beginning on November 25, 2025, also includes the operations, financial position,and cash flows of the former entity Mesa Air Group, Inc. and its wholly-owned subsidiaries. See Note 3,Merger with Mesa Air Group, Inc. Effective June 15, 2026, the Company’s Board of Directors, upon the recommendation of its Corporate Governance Committee,promoted Matthew J. Koscal to the position of President and Chief Executive Officer. Concurrently with Mr. Koscal's appointment, DavidGrizzle, serving in the role of Chairman and Chief Executive Officer vacated the position of Chief Executive Officer and resumed the role ofnon-executive Chairman of the Board of Directors, a position previously held by Mr. Grizzle for the Legacy Republic Board of Directors since2017, until assuming the Chief Executive Officer role prior to the Merger. The Company operates its Leadership In Flight Training Academy (“LIFT Academy”) with a mission to attract a new generation ofaviation professionals to commercial aviation by providing superior flight training, while address