Quarterly ResultJul 30, 2026, 07:06 AM
Republic Airways Q2 Revenue $571.1M; Raises Full Year Guidance
AI Summary
Republic Airways Holdings Inc. reported strong financial results for the second quarter of 2026, with revenues climbing 40.8% to $571.1 million and net income reaching $31.2 million. Following these results, the company increased its full-year 2026 guidance for revenue, block hour production, and Adjusted EBITDAR. Additionally, Matt Koscal was appointed President & Chief Executive Officer, and significant progress was made on the integration of Mesa Airlines.
Key Highlights
- Matt Koscal appointed President & Chief Executive Officer, effective June 15, 2026.
- Q2 2026 revenues increased 40.8% year-over-year to $571.1 million.
- Q2 2026 net income was $31.2 million, with diluted EPS of $0.68.
- Full year 2026 revenue guidance raised to approximately $2.1 billion.
- Full year 2026 block hour production guidance raised to at least 880,000.
- Full year 2026 Adjusted EBITDAR guidance raised to $395-$405 million.
- Mesa Airlines merger integration for core support functions is substantially complete.
- Ended Q2 with a total fleet of 314 aircraft, with 26 additional E175 aircraft on order.
Price Impact
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