{"schema_version":"secwatch.filing_event.v1","accession":"0001498710-23-000137","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.072322+00:00","generated_at":"2026-06-16T12:38:20.874698+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spirit Airlines Q1 2023 net loss $103.9M; revenue up 39.5%; sees Q2 margin 4.5-6.5%","bullets":["Net loss of $103.9M ($0.95 diluted EPS loss); adjusted net loss $89.4M ($0.82 adjusted EPS loss).","Total operating revenues $1.35B, up 39.5% YoY; TRASM up 23.9% on 12.7% more capacity.","Q2 2023 operating margin guidance 4.5-6.5%; FY2023 capacity growth at lower end of 18-20% due to NEO engine issues and pilot attrition.","DOJ lawsuit to block JetBlue merger; trial set for October 16, 2023.","Ended Q1 with $1.7B liquidity; fleet of 195 aircraft, plan to reach 204 by end-2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001498710-23-000137","json":"https://secwatch.observer/filing/0001498710-23-000137.json","markdown":"https://secwatch.observer/filing/0001498710-23-000137.md","text":"https://secwatch.observer/filing/0001498710-23-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000149871023000137/0001498710-23-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000149871023000137/save-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:38:20.874698+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":[{"claim_id":"7f68fdc74d7f596f097a4bbe0a7a6bb109a19566","claim":"Spirit Aviation Holdings, Inc. reported first quarter 2023 results: revenue $1,349.8 million, net income $(103.9) million, EPS $(0.95). Guidance lowered.","evidence_excerpt":"reported first quarter 2023 financial results. First Quarter 2023 (unaudited) As Reported Adjusted 1 Total operating revenues $1,349.8 million $1,349.8 million Operating income (loss) $(112.4) Million $(91.3) Million Operating margin (8.3)% (6.8)% Net income (loss) $(103.9) million $(89.4) million Diluted earnings (loss) per share $(0.95) $(0.82)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1498710/000149871023000137/0001498710-23-000137-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$1,349.8 million"},{"label":"Net income","value":"$(103.9) million"},{"label":"EPS","value":"$(0.95)"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}