REPUBLIC AIRWAYS HOLDINGS INC.
Close on Oct 19, 2026
- Market cap
- $740.16M
- P/E (TTM)
- –
- Dividend yield
- –
About Republic Airways
Air Transportation, Scheduled, SIC 4512
Republic is a major regional air carrier in the United States that delivers scheduled passenger flight capacity on behalf of major mainline partners. The company functions primarily through long-term capacity purchase agreements with American Airlines, Delta Air Lines, and United Airlines, flying under their respective American Eagle, Delta Connection, and United Express brand names. Republic operates exclusively with dual-class Embraer E170 and E175 regional jets. In addition to commercial passenger flight operations, the business manages proprietary pilot and technician development institutions, including its LIFT Academy flight training school.
Republic conducts flight operations across the United States, Canada, Mexico, and the Caribbean, serving approximately 130 destination cities with roughly 1,300 daily scheduled flights. The airline maintains an operational regional jet fleet of 275 aircraft alongside dedicated flight academy training planes. While specific corporate headquarters are not designated in the text, its primary aviation academy operations are based in Indianapolis, Indiana.
Summary of the business section of Republic Airways's latest annual report, written by StockData.
Company profile
Company
- Legal name
- REPUBLIC AIRWAYS HOLDINGS INC.
- Founded
- 2018
- Headquarters
- Carmel, IN
- Address
- 2 Brickyard Lane 46032
- Phone
- (317) 484-6000
- Website
- www.mesa-air.com
- Employees
- 8,400, Dec 31, 2025
- Industry
- Air Transportation, Scheduled
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Indianapolis, Indiana
Stock & identifiers
- Ticker
- RJET
- Exchange
- Nasdaq
- IPO date
- Aug 10, 2018
- Shares outstanding
- 47M, Jul 29, 2026
- Public float
- $32.91M, Jun 30, 2025
- Filer category
- Non-accelerated filer
- Stock splits
- 1-for-15 reverse, Nov 25, 2025
- SEC CIK
- 810332
- CUSIP
- 590479408
- ISIN
- US5904794089
- LEI
- 549300EY743RMV1F7P98
- EIN
- 85-0302351
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Matthew Koscal | See Remarks, Director | 362,325 |
| Scott Hornback | See Remarks | 84,864 |
| Chad M. Pulley | See Remarks | 172,608 |
| Paul Kinstedt | Executive Vice President & COO | 220,448 |
| Joseph Allman | Executive Vice President & CFO | 222,303 |
| Michael Lotz | President & CFO | 58,796 |
| Jonathan G. Ornstein | Chief Executive Officer | 131,186 |
| Brian S. Gillman | EVP/GC/Secretary | 16,643 |
| J. David Grizzle | Director | 148,245 |
| James E. Sweetnam | Director | 34,205 |
| Barry W. Ridings | Director | 34,205 |
| Michael C. Lenz | Director | 15,410 |
| Glenn S. Johnson | Director | 28,746 |
| Ellen N. Artist | Director | 18,043 |
| Ruth L. Okediji | Director | 34,205 |
| Harvey W. Schiller | Director | 9,834 |
| Mitchell I. Gordon | Director | 11,035 |
| Spyridon Skiados | Director | 9,762 |
| Dana J. Lockhart | Director | 11,615 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 David Grizzle | $4.26M | $4.76M | $4.52M | $42 | $151 |
| FY2025 Jonathan GOrnstein | $5.50M | $5.72M | $4.52M | $42 | $151 |
| FY2024 David Grizzle | $0 | $0 | $143.37K | $39 | $142 |
| FY2024 Jonathan G. Ornstein | $1.87M | $1.68M | $143.37K | $39 | $142 |
| FY2024 Jonathan GOrnstein | $156.25K | $137.24K | $143.37K | $39 | $142 |
| FY2023 David Grizzle | $0 | $0 | $905.51K | $29 | $121 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
Corporate history
Events identified from SEC filings