secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHWEST AIRLINES CO (LUV)
CIK:        0000092380
Form:       8-K
Filed at:   2023-06-01T23:59:59+00:00
Accession:  0000092380-23-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92380/000009238023000029/0000092380-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92380/000009238023000029/luv-20230601.htm
  HTML page:      https://secwatch.observer/filing/0000092380-23-000029

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