Southwest Airlines Files 8-K Investor Update

TL;DR

SW Update: Routine 8-K filed Dec 5. No major news.

AI Summary

Southwest Airlines Co. filed an 8-K on December 5, 2024, to provide an investor update. The filing does not contain specific financial figures or significant operational changes but serves as a routine disclosure.

Why It Matters

This filing indicates Southwest Airlines is providing standard corporate communications to investors, which is a normal part of SEC compliance.

Risk Assessment

Risk Level: low — The filing is a standard 8-K disclosure without any material adverse information or significant changes.

Key Players & Entities

• SOUTHWEST AIRLINES CO (company) — Filer
• Texas (state) — State of incorporation
• Dallas (city) — Principal executive offices location
• December 5, 2024 (date) — Date of report

FAQ

From the Filing

0000092380-24-000174.txt : 20241205 0000092380-24-000174.hdr.sgml : 20241205 20241205063114 ACCESSION NUMBER: 0000092380-24-000174 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241205 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20241205 DATE AS OF CHANGE: 20241205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07259 FILM NUMBER: 241527781 BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 8-K 1 luv-20241205.htm FORM 8-K INVESTOR UPDATE luv-20241205 0000092380 false 0000092380 2024-12-05 2024-12-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 5, 2024 SOUTHWEST AIRLINES CO. (Exact name of registrant as specified in its charter) Texas 1-7259 74-1563240 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) P. O. Box 36611 Dallas, Texas 75235-1611 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:    ( 214 ) 792-4000 Not Applicable Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock ($1.00 par value) LUV New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company      ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐ Item 7.01    Regulation FD Disclosure. Southwest Airlines Co. (the "Company") is providing updated guidance regarding selected financial trends. The following table presents updated selected financial guidance for fourth quarter 2024. These projections are based on current booking trends and the Company's current outlook, and actual results could differ materially. 4Q 2024 Estimation Previous estimation RASM (a), year-over-year Up 5.5% to 7.0% Up 3.5% to 5.5% ASMs (b), year-over-year Down ~4% No change Economic fuel costs per gallon 1 (c) $2.35 to $2.45 $2.25 to $2.35 Fuel hedging premium expense per gallon $0.07 No change Fuel hedging cash settlement gains per gallon $0.01 No change ASMs per gallon (fue