American Airlines was Republic Airways Holdings’s largest revenue line in fiscal 2025, bringing in $723.60M of $1.68B (43%).
| Customer | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| American Airlines | $659.00M | $627.40M | $723.60M |
| United Airlines | $424.20M | $448.90M | $517.50M |
| Delta Air Lines | $334.10M | $378.20M | $409.70M |
| Other Airlines | $11.80M | $19.50M | $25.70M |
| Total | $1.43B | $1.47B | $1.68B |
Republic Airways Holdings brought in $1.68B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 13.7% from $1.47B in fiscal 2024. American Airlines was the largest at $723.60M (43.2%), ahead of United Airlines at $517.50M (30.9%) and Delta Air Lines at $409.70M (24.4%). The remaining revenue line, Other Airlines, brought in $25.70M.
Compared with fiscal 2024, American Airlines grew fastest, up 15.3% to $723.60M. Every revenue line above 2% of revenue grew. From fiscal 2023 to 2025, combined revenue from these revenue lines grew from $1.43B to $1.68B, a compound annual growth rate of 8.3%. American Airlines' share of the total fell from 46.1% to 43.2%.
Contract Revenue was Republic Airways Holdings’s largest product and service line in fiscal 2024, bringing in $404.32M of $476.41M (85%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Contract Revenue | $434.52M | $478.48M | $421.30M | $404.32M | |||||
| Pass Through & Other Revenue | $69.07M | $52.52M | $76.77M | $72.09M | |||||
| Pass Through & Other | — | — | — | — | |||||
| Total | $503.59M | $531.00M | $498.07M | $476.41M |
Republic Airways Holdings brought in $476.41M from its two product and service lines in fiscal 2024, the year ended September 30, 2024. That was down 4.3% from $498.07M in fiscal 2023. Contract Revenue was the largest at $404.32M (84.9%), ahead of Pass Through & Other Revenue at $72.09M (15.1%).
Compared with fiscal 2023, Contract Revenue fell 4.0% to $404.32M and Pass Through & Other Revenue fell 6.1% to $72.09M. From fiscal 2021 to 2024, combined revenue from these lines fell from $503.59M to $476.41M, a compound annual decline of 1.8%. Contract Revenue's share of the total fell from 86.3% to 84.9%.
Republic Airways Holdings (RJET) reports its revenue by customer and by product and service. In fiscal 2025, American Airlines was its largest revenue line, bringing in $723.60M (43.2% of the total), followed by United Airlines at $517.50M (30.9%).
American Airlines was Republic Airways Holdings' largest revenue line in fiscal 2025, bringing in $723.60M, or 43.2% of the $1.68B total across its four revenue lines.
Contract Revenue was Republic Airways Holdings' largest product and service line in fiscal 2024, bringing in $404.32M, or 84.9% of the $476.41M total across its two product and service lines.
Among Republic Airways Holdings' revenue lines that make up at least 2% of revenue, American Airlines grew fastest in fiscal 2025, up 15.3% from $627.40M to $723.60M.
Every figure comes from Republic Airways Holdings' annual financial filings, as reported. Each line keeps the name Republic Airways Holdings gives it, and years follow its fiscal calendar.
Republic Airways Holdings' revenue by customer goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.