---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-23-000079"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:01:05.165339+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spirit posts Q4 GAAP loss $270.7M, adjusted profit $0.12/share; 2023 capacity up 19-22%

## Summary
- Q4 GAAP net loss $270.7M ($2.49/diluted share); adjusted net income $12.6M ($0.12/diluted share).
- Total operating revenue $1.39B, up 43.5% vs Q4 2019; TRASM 10.81¢, +17% on 22.7% more capacity.
- Adjusted operating income $57.6M (4.1% margin); GAAP operating loss $305.7M.
- FY2023 capacity expected +19-22% vs 2022; CASM ex-fuel mid-to-high 6¢ range including pilot contract.
- Agreed to sell 29 A319ceo aircraft to Gryphon; deliveries through Q3 2024; fleet at 194 aircraft.

## SEC filing metadata
- accession: 0001498710-23-000079
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000079/0001498710-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000079/save-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-23-000079
- JSON: https://secwatch.observer/filing/0001498710-23-000079.json
- Plain text: https://secwatch.observer/filing/0001498710-23-000079.txt

## Key facts
- Earnings Releases
  Spirit Aviation Holdings, Inc. reported financial results for full year 2022.
  - Period: full year 2022
  - Result: reported results
  source text: On February 6, 2023, Spirit Airlines, Inc. (the “Company” or “Spirit”) issued a press release announcing its unaudited financial results for the fourth quarter and full year of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000079/0001498710-23-000079-index.htm
- Earnings Releases
  Spirit Aviation Holdings, Inc. reported Fourth Quarter 2022 results: revenue $1,391.3 million, net income $(270.7) million, EPS $(2.49).
  - Period: Fourth Quarter 2022
  - Revenue: $1,391.3 million
  - Net income: $(270.7) million
  - EPS: $(2.49)
  - Result: reported results
  source text: Fourth Quarter 2022 (unaudited) As Reported Adjusted 1 Total operating revenues $1,391.3 million $1,391.3 million Operating income (loss) $(305.7) Million $57.6 Million Operating margin (22.0)% 4.1% Net income (loss) $(270.7) million $12.6 million Diluted income (loss) per share $(2.49) $0.12
  evidence_url: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000079/0001498710-23-000079-index.htm

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