---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-23-000167"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:57:15.982682+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines reports Q2 net loss $2.3M, adjusted EPS $0.29; Q3 margin guidance negative 5.5%-7.5%

## Summary
- Q2 net loss $2.3M ($0.02 diluted loss); adjusted net income $32.3M ($0.29 adjusted diluted EPS).
- Total revenue $1.43B, up 4.8% YoY; TRASM down 10.7% on 17.4% more capacity.
- Fare revenue per segment fell 20.1% to $57.86; non-ticket rev per segment up 2.9% to $70.17.
- Q3 2023 operating margin guided at -5.5% to -7.5% due to pilot/NEO engine issues and softer demand.
- JetBlue merger antitrust trial set for Oct 16, 2023; expected close in H1 2024.

## SEC filing metadata
- accession: 0001498710-23-000167
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000167/0001498710-23-000167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000167/save-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-23-000167
- JSON: https://secwatch.observer/filing/0001498710-23-000167.json
- Plain text: https://secwatch.observer/filing/0001498710-23-000167.txt

## Key facts
- Earnings Releases
  Spirit Aviation Holdings, Inc. reported second quarter 2023 results: revenue $1,432.5 million, net income $(2.3) million, EPS $(0.02).
  - Period: second quarter 2023
  - Revenue: $1,432.5 million
  - Net income: $(2.3) million
  - EPS: $(0.02)
  - Result: reported results
  source text: ("Spirit" or the "Company") (NYSE: SAVE) today reported second quarter 2023 financial results. Second Quarter 2023 (unaudited) As Reported Adjusted 1 Total operating revenues $1,432.5 million $1,432.5 million Operating income (loss) $20.2 Million $47.0 Million Operating margin 1.4% 3.3% Net income (loss) $(2.3) million $32.3 million Diluted earnings (loss) per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1498710/000149871023000167/0001498710-23-000167-index.htm

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