Mesa Air Group Reports Results for the Three and Nine Months Ended September 30, 2025

fidelity
2025.11.21 12:00
portai
I'm PortAI, I can summarize articles.

Mesa Air Group reported financial results for the three and nine months ended September 30, 2025, with a net loss of $14.1 million. The company announced a merger with Republic Airways, expected to close on November 25, 2025, and a 15-for-1 reverse stock split. Mesa's revenues decreased due to reduced contractual aircraft with United Airlines. Asset sales helped repay U.S. Treasury debt. The merger aims to enhance long-term value creation with a new capacity purchase agreement with United Airlines.