REPUBLIC AIRWAYS HOLDINGS INC. PP&E Disclosure
Asset Class | Current Useful Life Effective January 1, 2024 (Years) | Previous Useful Life Effective December 31, 2023 and Prior (Years) | Residual Value | |||||||||||||||||
Building | 39.0 | 39.0 | — | |||||||||||||||||
Regional jet aircraft | 26.0 | 22.0 | 0.0% – 10.0% | |||||||||||||||||
General aviation aircraft, engines, and flight equipment | 10.0 – 26.0 | 10.0 – 22.0 | 0.0% – 50.0% | |||||||||||||||||
Office equipment and leasehold improvements | 3.0 – 20.0 | 3.0 – 20.0 | — | |||||||||||||||||
| (in millions) | 2025 | 2024 | ||||||||||||
Aircraft | $ | 3,206.6 | $ | 2,898.7 | ||||||||||
Engines and flight equipment | 300.4 | 243.4 | ||||||||||||
Land and buildings | 211.3 | 158.9 | ||||||||||||
Office equipment and leasehold improvements | 75.0 | 67.2 | ||||||||||||
Total property and equipment | 3,793.3 | 3,368.2 | ||||||||||||
Less accumulated depreciation and amortization | (1,383.3) | (1,258.7) | ||||||||||||
Property and equipment, net | $ | 2,410.0 | $ | 2,109.5 | ||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 19, 2026 | Showing above |
| 2024 | May 14, 2025 | |
| 2023 | Jan 26, 2024 | |
| 2022 | Dec 29, 2022 | |
| 2021 | Dec 10, 2021 | |
| 2020 | Dec 14, 2020 | |
| 2019 | Dec 17, 2019 | |
| 2018 | Dec 20, 2018 | |
About PP&E Disclosures
The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.
Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.