---
schema_version: "secwatch.filing_event.v1"
accession: "0001498710-25-000015"
form_type: "8-K"
ticker: "FLYYQ"
cik: "0001498710"
company_name: "Spirit Aviation Holdings, Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:31:16.131648+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Spirit Airlines completes $215M private offering of 11% pass-through certificates; updates fleet plan

## Summary
- $215M private placement of Series 2025-1B(R) Pass Through Certificates at 11% interest, secured by 27 A320-family aircraft.
- Proceeds used to repay $43M existing Series B notes, pay transaction fees, and for general corporate purposes.
- Final distribution expected Feb 15, 2030; certificates rank junior to prior Series 2015-1 and 2017-1 certificates.
- Fleet plan adds 6 A321 NEO aircraft in 2025, ending year with 196 aircraft (excl. 21 held for sale).

## SEC filing metadata
- accession: 0001498710-25-000015
- form_type: 8-K
- ticker: FLYYQ
- cik: 0001498710
- company_name: Spirit Aviation Holdings, Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498710/000149871025000015/0001498710-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498710/000149871025000015/save-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498710-25-000015
- JSON: https://secwatch.observer/filing/0001498710-25-000015.json
- Plain text: https://secwatch.observer/filing/0001498710-25-000015.txt

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