{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-25-000012","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.217336+00:00","generated_at":"2026-05-23T08:37:20.622067+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Alaska Air Q1 adjusted loss $0.77; Q2 EPS guidance $1.15-$1.65; RASM up 5%","bullets":["GAAP net loss $166M ($1.35/share) vs $132M ($1.05) in Q1 2024; adjusted loss $95M ($0.77) vs $116M ($0.92).","Capacity up 3.9% vs pro forma 2024; RASM +5.0% (led industry, but 3pts hit by demand softness).","Q2 2025 guidance: capacity +2-3%, RASM flat to down low-single-digit, CASMex up mid-to-high single-digit, adj EPS $1.15-$1.65.","Operating cash flow $459M; repurchased $107M in Q1, $149M YTD through April 22.","Ratified CBAs with Alaska (~6,900) and Hawaiian (~2,100) AFA flight attendants; integration synergies on track."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-25-000012","json":"https://secwatch.observer/filing/0000766421-25-000012.json","markdown":"https://secwatch.observer/filing/0000766421-25-000012.md","text":"https://secwatch.observer/filing/0000766421-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642125000012/0000766421-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642125000012/alk-20250423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:37:20.622067+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"}