{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-26-000012","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.667608+00:00","generated_at":"2026-05-15T08:29:39.515815+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Alaska Air expects Q1 adjusted loss of ($2.00)-($1.50) per share; fuel headwind at least $0.70","bullets":["Q1 2026 adjusted loss per share expected ($2.00)-($1.50); would have exceeded original guidance midpoint absent fuel, Mexico, and Hawaii issues.","Fuel cost headwind driven by surging Singapore refining margins (~400% since early Feb); economic fuel price now $2.90-$3.00/gal.","Mexico unrest (Puerto Vallarta) and historic flooding in Hawaii disrupt ~30% of capacity; impact seen in March and April.","Managed corporate demand strong: forward bookings next 90 days up >25% YoY; Q2 yields and load factors up YoY.","55% of Q2 revenue still to come; company positioned for peak travel periods."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-26-000012","json":"https://secwatch.observer/filing/0000766421-26-000012.json","markdown":"https://secwatch.observer/filing/0000766421-26-000012.md","text":"https://secwatch.observer/filing/0000766421-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000012/0000766421-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000012/alk-20260330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:29:39.515815+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"}