{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-003231","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.796528+00:00","generated_at":"2026-05-24T23:35:52.801367+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Spirit Airlines reports Dec 2024 net loss of $410M in Chapter 11 monthly report","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-003231","json":"https://secwatch.observer/filing/0000950103-25-003231.json","markdown":"https://secwatch.observer/filing/0000950103-25-003231.md","text":"https://secwatch.observer/filing/0000950103-25-003231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000095010325003231/0000950103-25-003231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000095010325003231/dp226099_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T23:35:52.801367+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}