secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001743907-22-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Country Q2 2022 GAAP loss per share $(0.07); revenue up 47% YoY but net loss $3.9M
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- GAAP diluted EPS $(0.07), adjusted diluted EPS $(0.03); operating income $3.4M, adjusted $3.9M.
- Q2 revenue $219.1M (+46.8% YoY) but net loss $3.9M vs net income $52.2M in Q2 2021.
- Scheduled service TRASM up 29% vs Q2 2019; total fare $173 (+23% vs 2019); ancillaries $50/pax.
- Training challenges limited capacity; scheduled block hours down 9% vs Q2 2019; fuel cost $4.39/gal.
- Q3 2022 guidance: revenue $215-220M, op margin 3-5%, fuel $3.84/gal, system block hours 31-32K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390722000007/0001743907-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390722000007/sncy-20220808.htm
  HTML page:      https://secwatch.observer/filing/0001743907-22-000007

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