diff --git a/crates/sylpheed-formats/examples/squadrons.rs b/crates/sylpheed-formats/examples/squadrons.rs
new file mode 100644
index 0000000..44baaf2
--- /dev/null
+++ b/crates/sylpheed-formats/examples/squadrons.rs
@@ -0,0 +1,11 @@
+use sylpheed_formats::{game_data, PakArchive};
+fn main(){
+    let disc=std::env::var("SYLPHEED_DISC").unwrap();
+    let pak=PakArchive::open(format!("{disc}/dat/GP_MAIN_GAME_E.pak")).unwrap();
+    let sq=game_data::load_squadrons(&pak);
+    println!("{} squadron definitions", sq.len());
+    for s in sq.iter().filter(|s|s.side.as_deref()==Some("TCAF")).take(6){
+        let mem:Vec<String>=s.members.iter().map(|m|m.trim_start_matches("UN_").chars().take(18).collect()).collect();
+        println!("  {:8} {:22} {:24} x{}  {:?}", s.id.clone().unwrap_or("?".into()), s.formation_id.clone().unwrap_or_default(), s.ai_id.clone().unwrap_or_default(), s.count.unwrap_or(0), mem);
+    }
+}
diff --git a/crates/sylpheed-formats/src/game_data.rs b/crates/sylpheed-formats/src/game_data.rs
index 2f2ded4..958b5c1 100644
--- a/crates/sylpheed-formats/src/game_data.rs
+++ b/crates/sylpheed-formats/src/game_data.rs
@@ -436,6 +436,84 @@ pub fn load_stages(pak: &PakArchive) -> Vec<Stage> {
     load_table(pak, schema::STAGE, Stage::from_idxd)
 }
 
+// ── Squadron / flight group ─────────────────────────────────────────────────────
+
+/// A squadron — a flight group that spawns together: its formation shape, AI
+/// behaviour, side, and member craft (with their pilots). Parsed from the
+/// per-stage `Enumerate_Squadrons` tables (`UnitGroup_S<NN>.tbl`). The player's
+/// Rhino flight, for instance, is a 2-craft TCAF squadron flying `Formation_2_Rhino`.
+#[derive(Debug, Clone)]
+pub struct Squadron {
+    /// Squadron tag (`TCN001`, `ADT101`, …), matched positionally to its
+    /// definition; `None` if the id list and definitions don't line up.
+    pub id: Option<String>,
+    pub formation_id: Option<String>,
+    pub ai_id: Option<String>,
+    /// Faction — `TCAF` (allied) or `ADAN` (enemy).
+    pub side: Option<String>,
+    pub count: Option<i64>,
+    /// Member craft (`UN_*` unit ids).
+    pub members: Vec<String>,
+}
+
+/// Load every squadron from a pak. Scans all `Enumerate_Squadrons` tables (their
+/// schema hash varies per stage, but the table name is stable).
+pub fn load_squadrons(pak: &PakArchive) -> Vec<Squadron> {
+    let mut out = Vec::new();
+    for e in pak.entries() {
+        let Ok(b) = pak.read(e) else { continue };
+        let Ok(o) = IdxdObject::parse(&b) else { continue };
+        let t = o.tokens();
+        if !t.first().is_some_and(|s| s.contains("Enumerate_Squadron")) {
+            continue;
+        }
+        // Definitions are delimited by the `FormationID` key (its value, the
+        // formation, sits just before it). The id list precedes the first one.
+        let fpos: Vec<usize> = t
+            .iter()
+            .enumerate()
+            .filter(|(_, s)| *s == "FormationID")
+            .map(|(i, _)| i)
+            .collect();
+        let Some(&first) = fpos.first() else { continue };
+        // The squadron id list: tokens after the header up to the first formation.
+        let ids: Vec<&String> = t[1..first.saturating_sub(1)].iter().collect();
+        for (k, &fi) in fpos.iter().enumerate() {
+            let start = fi.saturating_sub(1);
+            let end = fpos.get(k + 1).map(|&n| n.saturating_sub(1)).unwrap_or(t.len());
+            let span = &t[start..end];
+            let before = |key: &str| -> Option<String> {
+                span.iter().position(|s| s == key).and_then(|i| (i > 0).then(|| span[i - 1].clone()))
+            };
+            let count = before("Count").and_then(|v| v.parse::<i64>().ok());
+            // Members are the first `count` `UN_` craft after the header block
+            // (which ends at DisableInterval, else Count); anything past them
+            // belongs to the next squadron or the stage roster.
+            let member_start = span
+                .iter()
+                .position(|s| s == "DisableInterval")
+                .or_else(|| span.iter().position(|s| s == "Count"))
+                .map(|i| i + 1)
+                .unwrap_or(0);
+            let take = count.unwrap_or(0).max(0) as usize;
+            out.push(Squadron {
+                id: (ids.len() == fpos.len()).then(|| ids[k].clone()),
+                formation_id: Some(t[fi - 1].clone()),
+                ai_id: before("AIID"),
+                side: before("SideID"),
+                count,
+                members: span[member_start..]
+                    .iter()
+                    .filter(|s| s.starts_with("UN_"))
+                    .take(take)
+                    .cloned()
+                    .collect(),
+            });
+        }
+    }
+    out
+}
+
 // ── Generic record access (any of the ~105 schemas) ─────────────────────────────
 
 /// A generically-decoded IDXD record: its table name, schema id, identity, and
@@ -572,6 +650,24 @@ mod tests {
         }
     }
 
+    #[test]
+    fn loads_squadrons() {
+        let Some(pak) = pak() else { return };
+        let sq = load_squadrons(&pak);
+        assert!(sq.len() >= 20, "expected many squadrons, got {}", sq.len());
+        // A TCAF Rhino flight of Delta Sabers, membership matching its count.
+        let rhino = sq
+            .iter()
+            .find(|s| {
+                s.side.as_deref() == Some("TCAF")
+                    && s.formation_id.as_deref().is_some_and(|f| f.contains("Rhino"))
+                    && s.members.iter().any(|m| m.contains("DeltaSaber"))
+            })
+            .expect("a TCAF Rhino Delta Saber squadron");
+        assert_eq!(rhino.members.len() as i64, rhino.count.unwrap_or(-1));
+        assert!(rhino.members.iter().all(|m| m.contains("DeltaSaber")));
+    }
+
     #[test]
     fn generic_records_read_any_schema() {
         let Some(pak) = pak() else { return };