---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-23-000035"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:04:49.095704+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines agrees to sell 29 A319ceo aircraft for $152M-$201M

## Summary
- Spirit sells 29 unencumbered A319ceo aircraft to Gryphon Trading Company, an affiliate of Gryphon Aviation Leasing.
- Aggregate price ranges from $152M to $201M depending on contractual price adjustments.
- Aircraft deliveries expected from Q1 2023 through Q3 2024.
- Spirit expects to remove 14 A319ceo from fleet in 2023 and 15 in 2024.
- Remaining two leased A319ceo to be returned to lessor upon lease expiration in 2025.

## SEC filing metadata
- accession: 0001498710-23-000035
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000035/0001498710-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000035/save-20230113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-23-000035
- JSON: https://secwatch.observer/filing/0001498710-23-000035.json
- Plain text: https://secwatch.observer/filing/0001498710-23-000035.txt

## Key facts
- Material Agreements
  Spirit Aviation Holdings, Inc. entered into Agreement with Gryphon Trading Company, LLC valued at an aggregate price ranging between approximately $152 million and $201 million (effective 2023-01-13).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Gryphon Trading Company, LLC
  - Value: an aggregate price ranging between approximately $152 million and $201 million
  - Effective: 2023-01-13
  source text: Spirit Airlines, Inc. (the “Company”) has entered into an agreement, dated January 13, 2023 (“Agreement”), to sell 29 unencumbered A319ceo aircraft powered with V2500 engines to Gryphon Trading Company, LLC, an affiliate of Gryphon Aviation Leasing, LLC, for an aggregate price ranging between approximately $152 million and $201 million, depending on price adjustments specified in the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000035/0001498710-23-000035-index.htm

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