---
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"
generated_at: "2026-05-24T23:35:52.801367+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines reports Dec 2024 net loss of $410M in Chapter 11 monthly report

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-003231
- JSON: https://secwatch.observer/filing/0000950103-25-003231.json
- Plain text: https://secwatch.observer/filing/0000950103-25-003231.txt

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