---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-24-000214"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:59:20.079591+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines signs definitive deal to sell 23 aircraft to GA Telesis for ~$519M, expects $225M liquidity boost

## Summary
- Sold 23 A320ceo/A321ceo aircraft to GA Telesis for ~$519M total price; deliveries through Feb 2025.
- Net proceeds plus debt discharge expected to improve liquidity by ~$225M through year-end 2025.
- Definitive agreement signed Oct 29, 2024 following binding term sheet announced Oct 24, 2024.
- Sale subject to conditions precedent; full purchase agreement to be filed with upcoming 10-K.

## SEC filing metadata
- accession: 0001498710-24-000214
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871024000214/0001498710-24-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871024000214/save-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-24-000214
- JSON: https://secwatch.observer/filing/0001498710-24-000214.json
- Plain text: https://secwatch.observer/filing/0001498710-24-000214.txt

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