Mesa Air Group Shareholders Approve Merger with Republic Airways

Mesa Air Group shareholders have approved the company’s merger with Republic Airways (YX, Indianapolis International), clearing a major step toward combining the two US regional carriers. The vote saw 29.6 million ballots in favor and just 185,635 against, according to Mesa’s market notice.

The merger still requires final regulatory approvals and fulfillment of closing conditions, but Mesa said it expects completion in the coming days. The US Department of Transportation granted authorization last month, with both airlines agreeing to operate independently until securing a joint operating certificate.

The combined carrier will continue serving its major partners—American Airlines, Delta Air Lines and United Airlines—under existing capacity purchase agreements. Together, the merged entity will operate a fleet of approximately 310 E170 and E175 aircraft.

Under the agreed equity structure, Republic shareholders will own 88% of the merged company, while Mesa shareholders will hold up to 12%. United Airlines will retain an interest of between 0% and 6%. The new company will remain listed on Nasdaq under the ticker symbol “RJET.”

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Sources: AirGuide Business airguide.info, bing.com, ch-aviation.com