secwatch.observer — SEC 8-K summary
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Issuer:     Sun Country Airlines Holdings, Inc. (SNCY)
CIK:        0001743907
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001743907-24-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Country Q2 GAAP EPS $0.03, revenue $254M, down 2.6% YoY
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- GAAP diluted EPS $0.03, adjusted diluted EPS $0.06; net income $1.8M vs $20.6M YoY.
- Operating income $12.4M (margin 4.9%); adjusted operating income $13.9M (margin 5.5%).
- Scheduled service TRASM fell 21.3% YoY; charter revenue up 2.8%, cargo up 1.7%.
- Revised Amazon cargo agreement extends through 2030, adding eight new freighters.
- Total liquidity $153M, net debt $552M; Q3 guidance: revenue $245-$255M, margin 3%-5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743907/000174390724000013/0001743907-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743907/000174390724000013/sncy-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001743907-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer