secwatch.observer — SEC 8-K summary
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Issuer:     Spirit Aviation Holdings, Inc. (FLYYQ)
CIK:        0001498710
Form:       8-K/A
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001498710-23-000082
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spirit Airlines Q4 2022 net loss $270.7M; adjusted EPS $0.12; FY23 capacity guidance raised to 19-22% YoY
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- Q4 revenue $1.391B (+43.5% vs Q4 2019); TRASM up 17.0% on 22.7% more capacity.
- Adjusted pre-tax income $23.0M; adjusted net income $12.6M ($0.12 diluted EPS).
- FY 2023 CASM ex-fuel guidance corrected to 'high 6-cent range', includes ~30 bps pilot contract cost.
- Sold 29 A319ceo to Gryphon; deliveries 2023-2024; ended Q4 with 194 aircraft.
- Issued additional $600M 8.00% senior secured notes due 2025; revolver capacity increased to $300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498710/000149871023000082/0001498710-23-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498710/000149871023000082/save-20230206.htm
  HTML page:      https://secwatch.observer/filing/0001498710-23-000082

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