{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-26-000036","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2026-07-21T20:30:28+00:00","discovered_at":"2026-07-21T20:31:04.271242+00:00","generated_at":"2026-07-21T20:31:31.582984+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Alaska Air Group reports Q2 net loss of $76M; fuel costs surge 85% YoY; Q3 EPS guidance $0.00-$1.00","bullets":["GAAP net loss $76M ($0.68/share); adjusted net loss $102M ($0.92/share); revenue $4.1B (+10% YoY).","Economic fuel cost $4.43/gal (+85% YoY) added $600M in incremental fuel expense; adjusted pretax margin -4.3%.","Q3 guidance: capacity +2-3% YoY, RASM low double-digit growth, CASMex +low-mid single digits, fuel $3.75/gal, adjusted EPS $0.00-$1.00.","Raised $1B in financing (6.5% senior notes + term loans); liquidity $3.8B; operating cash flow $606M in H1 2026.","Operational: #1 on-time YTD, launched transatlantic service, completed single PSS integration, awarded 75k Atmos points to employees."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-26-000036","json":"https://secwatch.observer/filing/0000766421-26-000036.json","markdown":"https://secwatch.observer/filing/0000766421-26-000036.md","text":"https://secwatch.observer/filing/0000766421-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000036/0000766421-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000036/alk-20260721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-21T20:31:31.582984+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"}