---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-016957"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2024-11-29T23:59:59+00:00"
generated_at: "2026-05-29T12:47:14.505355+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines subsidiaries file Chapter 11; default on 8.00% notes due 2025 triggered

## Summary
- 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.

## SEC filing metadata
- accession: 0000950103-24-016957
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2024-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000095010324016957/0000950103-24-016957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000095010324016957/dp221360_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-016957
- JSON: https://secwatch.observer/filing/0000950103-24-016957.json
- Plain text: https://secwatch.observer/filing/0000950103-24-016957.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.