---
schema_version: "secwatch.filing_event.v1"
accession: "0000092380-23-000029"
form_type: "8-K"
ticker: "LUV"
cik: "0000092380"
company_name: "SOUTHWEST AIRLINES CO"
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T10:05:58.800692+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Southwest narrows Q2 RASM guidance to -8% to -10%; fuel cost raised to ~$2.55/gal

## Summary
- RASM year-over-year guidance narrowed to down 8%–10% from down 8%–11%.
- Economic fuel cost per gallon raised to ~$2.55 from prior $2.45–$2.55.
- Memorial Day weekend travel demand strong; Q2 leisure demand and yields remain strong.
- Capacity (ASMs) expected up ~14% YoY; CASM-X up 5%–8% unchanged.
- Reaffirms ~70 Boeing 737-8 deliveries and ~14-15% capacity growth for 2023; expects solid Q2 profits.

## SEC filing metadata
- accession: 0000092380-23-000029
- form_type: 8-K
- ticker: LUV
- cik: 0000092380
- company_name: SOUTHWEST AIRLINES CO
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92380/000009238023000029/0000092380-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92380/000009238023000029/luv-20230601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-23-000029
- JSON: https://secwatch.observer/filing/0000092380-23-000029.json
- Plain text: https://secwatch.observer/filing/0000092380-23-000029.txt

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