{"filings":[{"id":93212,"accession_number":"0000950103-26-006723","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Spirit Airlines begins wind-down; all flights cancelled, expects complete equity loss","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All Spirit flights cancelled effective immediately May 2, 2026; guests told not to go to airport.","CEO cites sudden sustained rise in fuel prices as final trigger; company needed hundreds of millions in additional liquidity.","Refunds for card purchases auto-processed; other forms (vouchers, points) handled via bankruptcy process.","March 2026 bondholder restructuring agreement undone by fuel spike; no alternative funding found.","Thanks Administration (Commerce Sec. Lutnick), DOT, labor unions, and financial stakeholders (Citadel, Cyrus Capital, Ares)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104666,"accession_number":"0000950103-26-004780","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation files Dec-2025 & Jan-2026 bankruptcy MORs; parent shows $0 cash","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Monthly operating reports for Dec-2025 and Jan-2026 filed with Bankruptcy Court on 3/26/2026.","Spirit Aviation Holdings (parent) reports $0 cash balance, $0 receipts, $0 disbursements for December.","Company has been in Chapter 11 since 8/29/2025; cases jointly administered under case 25-11897.","No new material financial data beyond routine bankruptcy reporting; parent entity is a holding company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104665,"accession_number":"0000950103-26-003790","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Spirit enters restructuring support agreement; existing equity to be cancelled","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["RSA signed with holders of 74.6% DIP loans, 71.8% Roll-Up DIP, 60% Prepetition Notes; plan creates 76-aircraft EmergeCo.","Existing common shares cancelled with no distribution; new equity (100% to Roll-Up DIP holders, 2% to Prepetition Note holders).","IAE Term Sheet provides up to $140M in credits; Spirit settles ~$13M invoice via cash/credits, retains certain A320neo/ceo fleet.","Plan milestones: $150M DIP prepayment in 2 days; cash floor $239M then $200M; exit facilities of $275M revolver or $75M term plus $200M revolver.","Q1 2026 operating margin improved to (5.6%) vs (27.1%) Q1 2025; 76-aircraft plan cuts year-end aircraft debt to $1.4B from $2.3B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104664,"accession_number":"0000950103-26-003338","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Spirit Aviation terminates share registration; holders waive resale rights amid Chapter 11","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Holders of majority of Registrable Securities waived rights under Sections 2.1, 2.2, 2.3 of Registration Rights Agreement.","Consent allows Spirit Aviation to file post-effective amendment terminating registration of all shares of Common Stock on Form S-1.","Section 3.1 amended to remove restrictive legends on all outstanding Common Stock by March 12, 2026, subject to conditions.","Company not required to file reports under Section 13 or 15(d) of Exchange Act after March 12, 2026.","Company remains in Chapter 11 bankruptcy (filed Aug 29, 2025); holders may experience significant or complete loss."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120945,"accession_number":"0000950103-25-016460","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation Holdings files Nov 2025 bankruptcy monthly report; parent shows zero activity","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Monthly operating report for November 2025 filed with Bankruptcy Court for case 25-11897.","Parent holding company MOR reports $0 cash, $0 assets, and $0 revenue for the month.","Notes disclose ~$51k inadvertent prepetition payments and ~$24k premature OCP payments to professionals.","Spirit remains in Chapter 11 proceedings; companies continue to operate as debtors in possession."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120944,"accession_number":"0000950103-25-016205","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spirit Airlines amends DIP credit agreement, draws $100M new money term loans with restrictions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment allows immediate use of $50M from third draw; remaining $50M subject to progress on reorganization or strategic transaction.","Spirit is in active negotiations on both a standalone plan of reorganization and a potential strategic transaction.","Recent milestones include ratified pilot and flight attendant agreements, fleet repositioning, and cost structure improvements.","Flights, ticket sales, and operations continue as usual during the Chapter 11 restructuring process.","The DIP lenders continue to support Spirit's transformation under the amended credit facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120943,"accession_number":"0000950103-25-015888","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-12-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation Holdings files October 2025 monthly operating report in Chapter 11; holding company shows zero activity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Monthly operating report for October 2025 filed with Bankruptcy Court on December 8, 2025.","Report for holding company (Spirit Aviation Holdings) shows $0 cash, $0 receipts/disbursements, $0 assets/liabilities, $0 income/loss.","Spirit Aviation Holdings reports zero full-time employees as of October 31, 2025 and at petition date.","Common stock delisted from NYSE American, now trades OTC Pink under symbol FLYYQ.","Chapter 11 cases continue jointly administered under Case No. 25-11897 (SHL)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120942,"accession_number":"0000950103-25-014985","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation files first Chapter 11 monthly operating report; no recovery for equity holders","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Monthly operating report for Aug & Sep 2025 filed with Bankruptcy Court on Nov 18, 2025.","Parent holding company reports $0 cash, $0 assets, $0 revenue, and 0 employees.","Company reiterates proposed plan provides no recovery for equity holders.","Common stock delisted from NYSE American; now trades OTC Pink under FLYYQ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120941,"accession_number":"0000950103-25-014783","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation: 96.05% of PIK Toggle Notes tendered in DIP roll-up, $818M accepted","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total principal tendered: $818,362,453 out of $852,039,973 outstanding (96.05%).","Early settlement of $771,104,677 occurred on Oct 29; final settlement of $47,257,776 on Nov 14.","After cancellation, $33,677,520 in Prepetition Notes will remain outstanding.","Company remains in Chapter 11 (Case No. 25-11897); stock trades on OTC Pink under FLYYQ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120940,"accession_number":"0000950103-25-014454","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines reaches labor agreements with pilots and flight attendants, achieves DIP savings target","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreements in principle with ALPA (pilots) and AFA (flight attendants), subject to definitive documentation, ratification, and court approval.","Senior leadership commits to salary reduction not less than the pilots' reduction upon ratification.","Annual savings from agreements estimated to meet target required for next DIP financing draw.","Company continues Chapter 11 restructuring; updates at www.spiritrestructuring.com."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120939,"accession_number":"0000950103-25-014262","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Spirit Aviation Holdings receives court approval for $475M DIP financing in Chapter 11","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Bankruptcy court entered final order on Oct 31, 2025 approving the DIP credit agreement.","DIP facility provides up to $475M in term loans; $200M initial new money funded at closing.","Additional new money tranches: $75M on Nov 7, $100M on Dec 13, $100M later; maturity July 14, 2026.","Common stock delisted from NYSE American; now trades on OTC Pink under symbol FLYYQ.","Company cautions holders of common stock could experience a significant or complete loss."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120938,"accession_number":"0000950103-25-013149","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-10-14T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spirit Aviation enters $475M DIP facility, AerCap settlement during Chapter 11","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bankruptcy Court approved $475M DIP facility; $200M funded immediately, up to $275M in subsequent tranches, maturing July 14, 2026.","AerCap settlement: assumes 10 leases, rejects 27, enters 30 new postpetition leases; AerCap pays $150M liquidity to Debtors.","Common stock delisted from NYSE American, now trades OTC Pink under FLYYQ; holders may face significant or total loss.","DIP loans bear interest at Base Rate+7% or SOFR+8% (both PIK); prepetition noteholders can roll up into DIP facility.","Company to launch exchange offer for prepetition noteholders to participate pro rata as DIP lenders; terms via subscription form."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137529,"accession_number":"0000950103-25-011142","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Spirit Aviation to be delisted from NYSE American after Chapter 11 filing; OTC trading expected Sept 3","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE Regulation notified Spirit on Sept 2, 2025 it will delist common stock (FLYY) after Chapter 11 filing on Aug 29, 2025.","Trading suspended immediately; stock expected to begin OTC trading on Sept 3, 2025.","Company does not intend to appeal the delisting determination.","Spirit warns holders could face significant or complete loss on investment depending on Chapter 11 outcome."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137528,"accession_number":"0000950103-25-011031","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["1.03","2.04","5.02","7.01","8.01","9.01"],"status":"ready","headline":"Spirit Airlines files Chapter 11; expects equity cancelled, shares to trade OTC","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Chapter 11 petitions on Aug 29, 2025; flights, bookings, and operations continue as normal.","Company expects common stock to be cancelled with no value; shares likely to trade OTC after NYSE American delisting.","Debt acceleration: $856M senior notes, $275M revolver, $636M EETCs, $849M aircraft loans become due; enforcement stayed by bankruptcy.","AerCap asserts default on 36 undelivered aircraft leases ($2.1M termination fee each) and 37 existing leases; Spirit disputes and may litigate.","Retention awards paid to top executives: CEO Davis $2.918M, CFO Cromer $1.185M, COO Bendoraitis $1.132M, GC Canfield $1.082M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137525,"accession_number":"0000950103-25-010590","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K/A","filed_at":"2025-08-22T23:59:59+00:00","items":["2.03","1.01","7.01","9.01"],"status":"ready","headline":"Spirit Aviation borrows $275M under revolver, extends card processor deal to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed full $275M available under Revolving Credit Facility on August 21, 2025; corrects maturity to March 12, 2028.","Agreed two amendments with credit card processor USB: transferred $50M to pledged account, allowed up to $3M daily holdback.","In exchange, USB extended card processing agreement from Dec 31, 2025 to Dec 31, 2027 with auto-renewal options.","Removed minimum liquidity trigger for holdbacks under the Card Processing Agreement.","Borrowings and enhanced collateral support liquidity for general corporate purposes amid ongoing initiatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137527,"accession_number":"0000950103-25-010573","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spirit Aviation borrows $275M revolver, extends card agreement to Dec 2027 with $50M pledge","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed the full $275M available under amended revolving credit facility, maturing Sep 30, 2026.","Amended card processing agreement with USB extending term to Dec 31, 2027 with auto-renewals.","Agreed to transfer $50M cash to pledged account and allow daily holdbacks of up to $3M.","USB removed minimum liquidity trigger for holdbacks in exchange for enhanced collateralization.","Proceeds intended for general corporate purposes and to support liquidity amid the collateral posting requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137526,"accession_number":"0000950103-25-009185","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Spirit Aviation promotes Thomas Canfield to EVP & GC; grants equity and cash awards to NEOs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Thomas Canfield promoted to EVP & General Counsel; salary raised to $610,000, bonus target to 100%, LTI target to $1,500,000.","Committee approved RSUs, PSUs, and Performance Cash Awards to NEOs (Cromer, Bendoraitis, Canfield) each with $375k RSUs, $375k PSUs, $3.75M cash.","RSUs vest over 3 years; PSUs vest April 2028 based on equity valuation growth.","Performance Cash Awards vest over two annual periods with catch-up provision.","Also adopted 2025 Executive Severance Plan for NEOs, substantially similar to 2017 plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154890,"accession_number":"0000950103-25-007125","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-06-09T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Spirit enters engine compensation deal with IAE; expects $150M-$195M liquidity benefit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement with IAE provides monthly credit through end of 2025 for each GTF-grounded aircraft.","Estimated liquidity impact of $150M to $195M based on unavailable days since Jan 1, 2025.","Spirit releases claims against IAE and affiliates from March 26, 2024 through Dec 31, 2025.","Nearly all GTF engines in Spirit's fleet subject to accelerated inspection; planes grounded.","Credits compensate for A320neo aircraft unavailable due to Pratt & Whitney powdered metal issue."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154889,"accession_number":"0000950103-25-007120","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines emerges from Chapter 11, files Feb 2025 MOR showing $687M loss","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Spirit Airlines exit bankruptcy on March 12, 2025; all cases closed except Spirit Finance Cayman 1 Ltd.","Feb 2025 MOR reports gross income $282.8M, cost of goods sold $310.7M, net loss $686.7M (includes reorganization items).","Total assets $9.86B, total liabilities $9.50B, ending equity -$355.9M as of Feb 28, 2025.","Post-confirmation report for Mar 12-27, 2025 also filed; monthly reports are unaudited and not for investment decisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154888,"accession_number":"0001498710-25-000025","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Spirit Aviation (FLYY) gets NYSE American delinquency notice for delayed Q1 10-Q","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received written notice on May 20, 2025 for failure to file Q1 10-Q by May 19 due date.","Late filing due to substantial work for fresh-start accounting after bankruptcy emergence in Q1 2025.","Company intends to file Q1 10-Q by end of May 2025 to regain compliance; no immediate delisting.","Shares continue trading on NYSE American; CEO Davis cites progress on fleet, product, market positioning."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154887,"accession_number":"0001498710-25-000021","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation reports 16,067,305 shares outstanding as of May 6, 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Outstanding shares as of May 6, 2025: 16,067,305.","Company will post future share updates on its IR website.","No other material events disclosed in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154881,"accession_number":"0000950103-25-005328","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K/A","filed_at":"2025-04-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Spirit Aviation grants inducement awards of 554k shares each to Board Chair Milton and Vice-Chair Siegel","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Inducement award granted to each of Robert A. Milton and David N. Siegel on April 25, 2025, for up to 554,436 shares each.","40% in service-based RSUs and 60% in performance-based PSUs; vest on three-year anniversary or change in control.","Non-Employee Director Compensation Policy adopted: annual cash retainer of $100,000 plus equity award of $140,000.","Additional cash retainers: Board Chair $100k, Vice Chair $75k, Audit Chair $25k, etc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154886,"accession_number":"0000950103-25-005213","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Aviation Holdings common stock approved for NYSE American listing, trading April 29 under FLYY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Common stock approved for NYSE American listing; trading expected to begin April 29, 2025 under ticker FLYY.","CEO Dave Davis stated listing is an important step in Spirit's transformation and focus on returning to profitability.","No financial results, guidance, or other material business updates were disclosed in the press release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154885,"accession_number":"0000950103-25-004985","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-04-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Spirit Airlines appoints Dave Davis as President and CEO effective April 21, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary $950k, target bonus 125% of base, sign-on cash bonus $4M (two installments), retention bonus $4M vesting in 5 years.","Receives inducement award of 403,226 RSUs plus initial award of 403,226 time-based RSUs and 403,226 PSUs tied to equity growth.","Board adopted 2025 Incentive Award Plan authorizing 4,032,258 shares for equity awards to employees and directors.","Also appoints Duncan Dee as SVP Corporate Communications and Trey Urbahn as Senior Commercial Advisor.","Davis joins from Sun Country Airlines where he served as President and CFO since 2018."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154884,"accession_number":"0000950103-25-004451","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-04-07T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Spirit CEO Ted Christie steps down; Office of 3 execs to lead; CCO replaced by Ghosh","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ted Christie, President and CEO, stepped down April 6; Board conducting search for permanent CEO.","Office of the President formed: CFO Fred Cromer, COO John Bendoraitis, GC Thomas Canfield.","Matt Klein, EVP & CCO, stepped down April 7; succeeded by Rana Ghosh as SVP & CCO.","Christie and Klein receive severance per Spirit 2017 Executive Severance Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154883,"accession_number":"0001498710-25-000015","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spirit Airlines completes $215M private offering of 11% pass-through certificates; updates fleet plan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$215M private placement of Series 2025-1B(R) Pass Through Certificates at 11% interest, secured by 27 A320-family aircraft.","Proceeds used to repay $43M existing Series B notes, pay transaction fees, and for general corporate purposes.","Final distribution expected Feb 15, 2030; certificates rank junior to prior Series 2015-1 and 2017-1 certificates.","Fleet plan adds 6 A321 NEO aircraft in 2025, ending year with 196 aircraft (excl. 21 held for sale)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154882,"accession_number":"0000950103-25-004239","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K15D5/A","filed_at":"2025-04-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Spirit Aviation Holdings finalizes board committee assignments after bankruptcy emergence","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Compensation Committee: Timothy Bernlohr (Chair), Eugene Davis, Andrea Fischer Newman, Radha Tilton.","Nominating & Corporate Governance: Andrea Fischer Newman (Chair), Davis, Bernlohr, Tilton.","Strategy & Finance: David N. Siegel (Chair), Robert Milton, Bernlohr, Davis, Newman, Tilton.","Committee appointments effective March 31, 2025, completing board structure post-chapter 11."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173397,"accession_number":"0000950103-25-003730","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K15D5/A","filed_at":"2025-03-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Spirit Aviation Holdings discloses Audit Committee members; adopts indemnification agreements","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Audit & Risk Management committee: Eugene I. Davis, Timothy Bernlohr, Radha Tilton.","Compensation, Strategy/Finance, and Nominating committees not yet composed.","Board approved form of indemnification agreement March 18, 2025 for directors and officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173388,"accession_number":"0000950103-25-003365","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K15D5","filed_at":"2025-03-13T23:59:59+00:00","items":["1.01","1.02","2.03","3.02","3.03","5.03","5.01","5.02","1.03","7.01","9.01"],"status":"ready","headline":"Spirit emerges from Chapter 11 with $300M facility, $840M notes, new equity and board","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Emerged on March 12, 2025; old common stock cancelled; new parent Spirit Aviation Holdings formed.","$300M exit revolving credit facility (undrawn, $275M available) matures 2028; rates SOFR+3.25% or base+2.25%.","$840M PIK toggle senior secured notes due 2030 at 12% (8% cash, 4% PIK) or 11% all cash.","24.3M warrants issued at $0.0001 per share; rights offering raised $296M; backstop equity raised $53.9M.","Board reconstituted: Edward Christie remains CEO; seven prior directors removed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173396,"accession_number":"0000950103-25-003231","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines reports Dec 2024 net loss of $410M in Chapter 11 monthly report","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net loss for December 2024 was $409.9M on gross income of $460.9M, including $87.6M in reorganization items.","Received $300M in DIP financing during the month; ended December with cash balance of $557M.","Sold two aircraft for $42.8M in cash, netting $25.6M after paying $17.2M to clear debt.","Professional fees paid in December totaled $5.84M; postpetition other taxes accrued $105.6M.","Plan of reorganization confirmed by bankruptcy court on Feb 20, 2025; equity holders expected to receive no recovery."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173395,"accession_number":"0000950103-25-002262","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-02-21T23:59:59+00:00","items":["1.03","7.01","9.01"],"status":"ready","headline":"Spirit Airlines bankruptcy plan confirmed; existing common stock canceled, $350M new equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bankruptcy court confirmed reorganization plan on Feb 20, 2025; emergence expected in weeks.","$795M of funded debt equitized; $350M new equity investment via backstopped rights offering.","Existing common stock canceled with no recovery; 109.5M shares outstanding as of Feb 19, 2025.","$840M new senior secured debt issued to bondholders; $300M revolving credit facility to be entered.","Vendors, lessors, secured aircraft holders unimpaired; operations continue normally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173394,"accession_number":"0000950103-25-001890","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit rejects Frontier's $400M debt+19% equity proposal; stands by standalone recap","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Spirit rejects Frontier's Feb 4 proposal: $400M second-lien debt + 19% equity, waiving $35M termination fee.","Spirit's Feb 7 counterproposal offered $600M first-lien debt + $1.185B equity via market mechanism and $35M fee from Frontier.","Frontier rejected counterproposal on Feb 10; Spirit proceeds with standalone plan seeking confirmation on Feb 13.","Over 99.99% of voting creditors accepted Spirit's plan; all but two objections resolved.","Spirit expects to exit Chapter 11 in Q1 2025; stock now trades on OTC Pink under SAVEQ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173393,"accession_number":"0000950103-25-001677","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines extends equity rights offering deadline to Feb 20 in Chapter 11 case","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Equity rights offering of $350M, originally expiring Jan 30, already extended to Feb 13, now further to Feb 20.","Deadline extended by 7 days in consultation with Required Backstop Commitment Parties; further extensions possible.","Spirit's stock (SAVEQ) trades on OTC Pink; NYSE delisting effective Dec 2024.","Chapter 11 cases (case no. 24-11988) filed Nov 2024 and are jointly administered."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173392,"accession_number":"0000950103-25-001007","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines rejects Frontier's $400M debt/19% equity merger proposal, to proceed with standalone Chapter 11 plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Frontier proposed $400M principal debt + 19% equity for Spirit stakeholders; Spirit deemed it inferior to existing plan.","Spirit's Board determined not to further delay emergence; confirmation hearing set for Feb 13, 2025 with exit expected Q1 2025.","Spirit noted earlier 2024 agreement in principle was for $580M debt + 26.5% equity, far better than new Frontier proposal.","Creditors' advisors reportedly viewed Frontier's proposal as insufficient and not warranting a counter.","Spirit continues to advance restructuring to significantly deleverage and position for long-term success."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173391,"accession_number":"0000950103-25-000850","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-01-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines adjourns plan confirmation hearing to Feb 13","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Combined hearing for Chapter 11 plan confirmation adjourned from Jan 29 to Feb 13, 2025 at 10am EST.","Court entered scheduling order Dec 17, 2024 approving disclosure statement and vote solicitation.","Debtors filed pre-arranged plan and disclosure statement on Nov 26, 2024; cases jointly administered.","Company's common stock delisted from NYSE, now trades on OTC Pink under symbol SAVEQ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173390,"accession_number":"0000950103-25-000712","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines extends equity rights offering deadline to Feb. 13 in Chapter 11","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Subscription deadline moved from Jan. 30 to Feb. 13, 2025, per Equity Rights Offering Procedures.","Equity rights offering is for $350 million of securities in the reorganized company.","Company and subsidiaries filed Chapter 11 petitions on Nov. 18/25, 2024.","Common stock trades on OTC Pink under symbol SAVEQ after NYSE delisting.","Debtors may further extend deadlines; rights offering part of pre-arranged plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173389,"accession_number":"0000950103-25-000578","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2025-01-16T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Spirit Airlines Secures $300M Exit Financing and $300M DIP Facility Amid Chapter 11 Reorganization","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Secured commitment from prepetition debtholders for up to $300M senior secured exit revolving credit facility.","Entered $300M superpriority secured debtor-in-possession term loan credit agreement on December 23, 2024.","Announced plans to publish flight schedule for May 22-August 12, 2025 on January 31, 2025.","Common stock delisted from NYSE, now trades on OTC Pink under symbol SAVEQ.","Chapter 11 cases filed November 18, 2024, jointly administered under case number 24-11988 (SHL)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190401,"accession_number":"0000950103-24-018522","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-12-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines reports $316.4M net loss for November; launches $350M rights offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net loss of $316.4M for November 2024 (first month of Chapter 11) on revenue of $351.2M.","Cash balance end of month $203.6M; total liabilities $9.47B with equity deficit of $12.6M.","Launched $350M equity rights offering expiring Jan 30, 2025 as part of pre-arranged restructuring plan.","Plan contemplates current equity holders will receive no recovery; stock trades OTC Pink under SAVEQ.","Employee headcount 7,425 at month-end vs. 7,384 at petition date (Nov 18)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190400,"accession_number":"0000950103-24-016957","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-29T23:59:59+00:00","items":["2.04","8.01","9.01"],"status":"ready","headline":"Spirit Airlines subsidiaries file Chapter 11; default on 8.00% notes due 2025 triggered","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Spirit's Co-Issuers and Cayman Guarantors filed Chapter 11 petitions on Nov 25, 2024, joining Spirit's pre-arranged process.","The filing triggered an event of default under the 8.00% Senior Secured Notes due 2025, accelerating all principal and interest.","Enforcement of payment obligations under the Indenture is automatically stayed due to the Chapter 11 process.","Spirit's common stock was delisted from NYSE and now trades on OTC Pink under ticker SAVEQ."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190399,"accession_number":"0000950103-24-016809","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit gets 94.56% consent to amend 2025 Notes, remove bankruptcy remote provisions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Consent solicitation expired Nov 25; holders of 94.56% of 8.00% Senior Secured Notes due 2025 approved amendments.","Amendments remove bankruptcy remote provisions from the notes' governing documents.","Spirit entered into Second Supplemental Indenture and related amendments to effect changes.","Common stock delisted from NYSE Nov 18, now trades on OTC Pink under 'SAVEQ'."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190398,"accession_number":"0000950103-24-016594","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Spirit Airlines delisted from NYSE after Chapter 11 filing; trades on OTC Pink under SAVEQ","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE suspended trading of Spirit common stock on Nov 18, 2024, and commenced delisting proceedings.","Delisting follows Spirit's voluntary Chapter 11 filing on Nov 18, 2024; company not appealing.","Stock now trades on OTC Pink Market under symbol SAVEQ, with limited liquidity expected.","Holders of common stock may experience significant or complete loss depending on bankruptcy outcome.","Deregistration under Section 12(b) will be effective 90 days after Form 25 filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190397,"accession_number":"0000950103-24-016451","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Spirit Airlines NYSE delisting imminent; launches consent solicitation for Chapter 11 prep","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["NYSE suspended trading of Spirit common stock; expects delisting and OTC Pink trading under symbol SAVEQ.","Launched consent solicitation to amend 8.00% Senior Secured Notes due 2025 to remove bankruptcy-remote provisions.","Holders of >78.6% of outstanding 2025 Notes have signed RSA requiring consent to Proposed Amendments.","After amendments, expects to file Chapter 11 cases for Spirit and additional company parties in Southern District of New York.","Consent solicitation seeks to authorize trustee actions to facilitate bankruptcy filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190396,"accession_number":"0000950103-24-016405","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-18T23:59:59+00:00","items":["1.01","1.03","2.04","5.02","7.01","9.01"],"status":"ready","headline":"Spirit Airlines files Chapter 11, plans to cancel common equity, equitize $795M debt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed voluntary Chapter 11 on Nov 18, 2024; all flights and operations continue as normal.","RSA signed by ~78.6% of senior secured noteholders and ~84.1% of convertible noteholders.","Plan equitizes $410M in Senior Secured Notes and $385M in Convertible Notes; existing equity canceled with zero recovery.","Backstopped $350M new equity rights offering and $300M DIP financing from existing bondholders.","Vendors, aircraft lessors, and secured aircraft debt holders to be paid in the ordinary course, not impaired."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190395,"accession_number":"0001498710-24-000216","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Spirit files NT 10-Q; Q3 margin down ~12ppts; restructuring talks may cancel equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Form 12b-25 for delayed Q3 2024 10-Q due to restructuring negotiations with noteholders.","Preliminary Q3 2024: total operating revenues down ~$61M YoY; operating expenses up ~$46M.","Operating margin estimated ~12 percentage points lower than Q3 2023.","Discussions with supermajority of noteholders; if agreement reached, expected to cancel existing equity.","If no deal, company will consider all alternatives; unsecured creditors, employees, lessors not expected to be impaired."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190394,"accession_number":"0001498710-24-000214","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["1.01","7.01"],"status":"ready","headline":"Spirit Airlines signs definitive deal to sell 23 aircraft to GA Telesis for ~$519M, expects $225M liquidity boost","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 23 A320ceo/A321ceo aircraft to GA Telesis for ~$519M total price; deliveries through Feb 2025.","Net proceeds plus debt discharge expected to improve liquidity by ~$225M through year-end 2025.","Definitive agreement signed Oct 29, 2024 following binding term sheet announced Oct 24, 2024.","Sale subject to conditions precedent; full purchase agreement to be filed with upcoming 10-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190393,"accession_number":"0001498710-24-000212","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["1.01","2.02","7.01"],"status":"ready","headline":"Spirit sells 23 A320-family aircraft for $519M; Q3 margin improves but capacity slashed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Binding term sheet with GA Telesis to sell 23 A320ceo/A321ceo aircraft for ~$519M; deliveries Oct 2024–Feb 2025.","Preliminary Q3 2024 adjusted operating margin ~300 bps better than prior guidance midpoint, driven by stronger revenue.","Q3 capacity down 1.2% YoY; Q4 capacity expected down ~20% YoY; full year 2025 down mid-teens.","Identified ~$80M annualized cost reductions from workforce reduction beginning early 2025.","Net proceeds from sale + debt discharge expected to improve liquidity by ~$225M through year-end 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":3743530000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190392,"accession_number":"0001498710-24-000208","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-10-18T23:59:59+00:00","items":["1.01","2.03","7.01"],"status":"ready","headline":"Spirit Airlines draws down $300M revolver, extends refinancing deadlines for notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed entire $300M under senior secured revolving credit facility on Oct 15, 2024; matures Sept 30, 2026 unless earlier triggered.","Amended card processing agreement: deadline to refinance 2025 senior secured notes extended to Dec 23, 2024; Early Maturity Date to Mar 3, 2025.","Continues active discussions with holders of 2025 senior secured notes and 2026 convertible notes regarding maturities.","Expects year-end 2024 liquidity over $1.0B, including cash, short-term investments, and pending initiatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206905,"accession_number":"0001498710-24-000202","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-09-10T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Spirit Airlines extends deadline to refinance senior secured notes until Oct 21, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended card processing agreement with U.S. Bank to push notes refinancing deadline from Sept 20 to Oct 21, 2024.","If notes are not extended or refinanced by Oct 21, the processing agreement term reverts to Dec 31, 2024 (no auto extensions).","Senior secured notes due 2025 must be refinanced in a specified minimum principal amount to keep the longer term."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206904,"accession_number":"0001498710-24-000195","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Spirit Airlines Q2 2024 net loss $192.9M; revenue down 10.6%; targets $100M cost savings","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $192.9M ($1.76 EPS); adjusted net loss $157.9M ($1.44 adjusted EPS).","Operating revenue $1,280.9M (down 10.6% YoY); total revenue per ASM down 12.1%.","Transformation plan: four fare options (Go Big, Go Comfy, Go Savvy, Go), no change/cancel fees.","Cost savings $100M annual run-rate target; $75M expected by year-end; furloughing ~240 pilots, downgrading ~100 captains.","Liquidity $1.14B at Q2 end; expects >$1.0B year-end; deferred Airbus deliveries from 2025-26 to 2030-31."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":2546426000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206903,"accession_number":"0001498710-24-000184","cik":1498710,"company_name":"Spirit Aviation Holdings, Inc.","ticker":"FLYYQ","form_type":"8-K","filed_at":"2024-07-29T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Spirit Airlines schedules Q2 2024 earnings release for August 1, 2024","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Second quarter 2024 results to be released before market open on August 1, 2024.","Conference call scheduled for 10:00 a.m. ET on the same day.","Webcast available at http://ir.spirit.com; replay archived for 60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-07-29T23:59:59+00:00|206903"}