{"schema_version":"secwatch.filing_event.v1","accession":"0000092380-25-000131","form_type":"8-K","ticker":"LUV","cik":"0000092380","company_name":"SOUTHWEST AIRLINES CO","filed_at":"2025-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.717630+00:00","generated_at":"2026-05-18T03:59:55.039486+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Southwest Q2 net income $213M ($0.39 EPS); launches $2B buyback; bag fees exceed expectations","bullets":["Q2 net income $213M (diluted EPS $0.39); adjusted net income $230M (adjusted EPS $0.43).","Revenue $7.2B down 1.5% YoY; RASM -3.1% on capacity +1.6%; CASM-X +4.7%.","Launched bag fees and basic economy; bag fee revenue exceeding expectations; no operational impact.","Board authorized new $2.0B share repurchase program expected over ~2 years; completed prior $2.5B buyback.","FY2025 EBIT guidance $600M-$800M; initiatives target $1.8B EBIT contribution in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000092380-25-000131","json":"https://secwatch.observer/filing/0000092380-25-000131.json","markdown":"https://secwatch.observer/filing/0000092380-25-000131.md","text":"https://secwatch.observer/filing/0000092380-25-000131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92380/000009238025000131/0000092380-25-000131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92380/000009238025000131/luv-20250723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T03:59:55.039486+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}