{"schema_version":"secwatch.filing_event.v1","accession":"0000766421-26-000046","form_type":"8-K","ticker":"ALK","cik":"0000766421","company_name":"ALASKA AIR GROUP, INC.","filed_at":"2026-10-20T21:09:36+00:00","discovered_at":"2026-10-20T21:10:00.137822+00:00","generated_at":"2026-10-20T21:10:04.754329+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Alaska Air Q3 2026 GAAP loss $1.32/shr; revenue up 14% to $4.3B; FY guide cut to $5.00-$5.50 loss","bullets":["Q3 GAAP net loss $147M (-$1.32/shr); adjusted net income $49M or $0.36/shr excluding a $0.67 tax catch-up; adjusted pretax margin 1.1%.","Revenue $4.3B up 14% YoY on 2.4% capacity growth; RASM +11.7%, CASMex +4.4%; economic fuel $3.94/gal vs $3.75 guidance.","Q4 guide: adjusted loss $2.00-$2.50/shr, fuel $4.65-$4.85/gal; full-year adjusted loss $5.00-$5.50 including $1.8B fuel headwind above plan.","Announced intent to join oneworld Atlantic and Pacific joint international businesses; Seattle adds Athens, Paris, Osaka and Papeete nonstops in spring 2027.","Loyalty cash remuneration up 21% to $721M; premium revenue +25% (>36% of total); $3.3B liquidity and $755M nine-month operating cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0000766421-26-000046","json":"https://secwatch.observer/filing/0000766421-26-000046.json","markdown":"https://secwatch.observer/filing/0000766421-26-000046.md","text":"https://secwatch.observer/filing/0000766421-26-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000046/0000766421-26-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/766421/000076642126000046/alk-20261020.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-20T21:10:04.754329+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"}