secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHWEST AIRLINES CO (LUV)
CIK:        0000092380
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0000092380-23-000044
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Southwest narrows Q3 RASM guidance to down 5%-7%, raises fuel cost outlook
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- RASM now expected down 5%-7% YoY vs prior down 3%-7% range.
- Economic fuel cost per gallon raised to $2.70-$2.80 from $2.55-$2.65.
- August leisure bookings on lower end of expectations, but demand and yields remain healthy.
- Labor Day weekend produced record revenue performance.
- Company still expects record Q3 operating revenues and solid profits for Q3 and FY 2023 ex special items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92380/000009238023000044/0000092380-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92380/000009238023000044/luv-20230906.htm
  HTML page:      https://secwatch.observer/filing/0000092380-23-000044

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