{"schema_version":"secwatch.filing_event.v1","accession":"0001743907-24-000007","form_type":"8-K","ticker":"SNCY","cik":"0001743907","company_name":"Sun Country Airlines Holdings, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.853697+00:00","generated_at":"2026-06-02T19:21:30.934095+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sun Country Q1 revenue $311M record; Q2 op margin guided 4-7% vs 15% year ago","bullets":["Q1 revenue $311.5M (+5.9% YoY); GAAP diluted EPS $0.64 flat; adj. diluted EPS $0.66 (down $0.02).","Adjusted operating margin 18.2% vs 20.5% in Q1 2023; scheduled service TRASM fell 11.7% YoY.","Q2 2024 guidance: revenue $255-265M, operating margin 4-7%, down sharply from ~15% in Q2 2023.","Costs: maintenance +29%, landing fees +34.6% YoY; adjusted CASM flat; fuel cost down 2.7%.","Repurchased 755k shares for $11.5M in Q1; net debt $565M; acquired 3 aircraft."],"urls":{"canonical":"https://secwatch.observer/filing/0001743907-24-000007","json":"https://secwatch.observer/filing/0001743907-24-000007.json","markdown":"https://secwatch.observer/filing/0001743907-24-000007.md","text":"https://secwatch.observer/filing/0001743907-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743907/000174390724000007/0001743907-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743907/000174390724000007/sncy-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:21:30.934095+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":[{"claim_id":"fa848d5fb3ce5a0d016c3005efca9a52716413f5","claim":"Sun Country Airlines Holdings, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $311.5 million, net income $35.3 million, EPS $0.64.","evidence_excerpt":"such filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Sun Country Airlines Reports First Quarter 2024 Results Revenue of $311 million, highest first quarter on record (1) GAAP diluted EPS of $0.64 and operating income of $55 million Adj. diluted EPS (2) of $0.66 and adjusted operating income (2) of $57 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743907/000174390724000007/0001743907-24-000007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$311.5 million"},{"label":"Net income","value":"$35.3 million"},{"label":"EPS","value":"$0.64"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}