Alaska Air Group Enters Material Definitive Agreement

Ticker: ALK · Form: 8-K · Filed: 2025-08-06T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

Related Tickers: ALK

TL;DR

ALK just signed a big deal, watch their financials.

AI Summary

Alaska Air Group, Inc. (ALK) entered into a material definitive agreement on August 6, 2025, related to a direct financial obligation. The filing details the creation of this obligation under an off-balance sheet arrangement. Specifics regarding the agreement's terms, parties involved, and the exact nature of the financial obligation are provided within the document.

Why It Matters

This filing indicates a significant financial commitment or arrangement for Alaska Air Group, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce financial risks and impact the company's balance sheet.

Key Players & Entities

FAQ

What type of material definitive agreement did Alaska Air Group enter into?

The filing indicates the entry into a material definitive agreement that involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.

What is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is August 6, 2025.

What is Alaska Air Group's Central Index Key (CIK)?

Alaska Air Group's Central Index Key is 0000766421.

What is the principal executive office address for Alaska Air Group?

The principal executive offices are located at 19300 International Boulevard, Seattle, Washington 98188.

Under which section of the Securities Exchange Act is this 8-K filed?

This 8-K is filed as a Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

From the Filing

0000766421-25-000034.txt : 20250806 0000766421-25-000034.hdr.sgml : 20250806 20250806161033 ACCESSION NUMBER: 0000766421-25-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250806 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250806 DATE AS OF CHANGE: 20250806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALASKA AIR GROUP, INC. CENTRAL INDEX KEY: 0000766421 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation EIN: 911292054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08957 FILM NUMBER: 251189643 BUSINESS ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 BUSINESS PHONE: 206-392-5040 MAIL ADDRESS: STREET 1: 19300 INTERNATIONAL BOULEVARD CITY: SEATTLE STATE: WA ZIP: 98188 FORMER COMPANY: FORMER CONFORMED NAME: ALASKA AIR GROUP INC DATE OF NAME CHANGE: 19920703 8-K 1 alk-20250806.htm 8-K alk-20250806 0000766421 false 0000766421 2025-08-06 2025-08-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 August 6, 2025 (Date of earliest event reported) ALASKA AIR GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 1-8957 91-1292054 (Commission File Number) (IRS Employer Identification No.) 19300 International Boulevard Seattle Washington 98188 (Address of Principal Executive Offices) (Zip Code) ( 206 ) 392-5040 (Registrant's Telephone Number, Including Area Code) (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 ( see General Instruction A.2. below): ☐       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 Ticker Symbol Name of each exchange on which registered Common stock, $0.01 par value ALK 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. ☐ This document is also available on our website at http://investor.alaskaair.com. ITEM 1.01. Entry into a Material Definitive Agreement On August 6, 2025, Alaska Air Group, Inc. (the “ Company ”), entered into the First Amendment (the “ Amendment ”) to the Term Loan Credit and Guaranty Agreement, dated as of October 15, 2024 (the “ Loyalty Term Loan Facility ”), by and among AS Mileage Plan IP, Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands, as borrower; Alaska Airlines, In

View on Read The Filing