{"schema_version":"secwatch.filing_event.v1","accession":"0001498710-24-000212","form_type":"8-K","ticker":"FLYYQ","cik":"0001498710","company_name":"Spirit Aviation Holdings, Inc.","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.598879+00:00","generated_at":"2026-05-30T10:26:46.996381+00:00","sec_items":["1.01","2.02","7.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Spirit sells 23 A320-family aircraft for $519M; Q3 margin improves but capacity slashed","bullets":["Binding term sheet with GA Telesis to sell 23 A320ceo/A321ceo aircraft for ~$519M; deliveries Oct 2024–Feb 2025.","Preliminary Q3 2024 adjusted operating margin ~300 bps better than prior guidance midpoint, driven by stronger revenue.","Q3 capacity down 1.2% YoY; Q4 capacity expected down ~20% YoY; full year 2025 down mid-teens.","Identified ~$80M annualized cost reductions from workforce reduction beginning early 2025.","Net proceeds from sale + debt discharge expected to improve liquidity by ~$225M through year-end 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001498710-24-000212","json":"https://secwatch.observer/filing/0001498710-24-000212.json","markdown":"https://secwatch.observer/filing/0001498710-24-000212.md","text":"https://secwatch.observer/filing/0001498710-24-000212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1498710/000149871024000212/0001498710-24-000212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1498710/000149871024000212/save-20241018.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:26:46.996381+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}