{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-25-000064","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2025-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.119853+00:00","generated_at":"2026-05-16T15:33:13.716231+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Alaska Air Group slashes Q4 adjusted EPS guide to ~$0.10 from at least $0.40 on $0.55-0.60 in headwinds","bullets":["IT and cloud outage in late Oct expected to reduce EPS by $0.25 from ~400 cancellations.","Government shutdown caused ~600 cancellations and lost bookings, reducing EPS by $0.15.","Higher economic fuel cost of ~$2.65/gal (vs prior $2.55 midpoint) adds $0.15 EPS headwind.","Q4 tax rate now 40-50% (FY 2025 ~27%), contributing additional ~$0.10-0.15 EPS drag.","Capacity (ASMs) expected up ~2% vs pro forma 2024; RASM up ~1%; CASMex up ~3%."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-25-000064","json":"https://secwatch.observer/filing/0000766421-25-000064.json","markdown":"https://secwatch.observer/filing/0000766421-25-000064.md","text":"https://secwatch.observer/filing/0000766421-25-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642125000064/0000766421-25-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642125000064/alk-20251203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:33:13.716231+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"}