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Southwest Airlines10-K: Supplier concentration

Southwest confirms deep reliance on Boeing with new aircraft purchase agreement

What happened

The company's exclusive reliance on Boeing for its entire fleet creates significant supply chain risk, impacting fleet modernization, capacity growth, and capital planning. Any production or delivery delays from Boeing directly threaten Southwest's operational and financial targets.

Source

SEC EDGARFeb 6, 2026

Annual report (Form 10-K)

Southwest Airlines 10-K for FY2025

Filing excerpt

Purchase Agreement No. 3729 and Aircraft General Terms Agreement, dated December 13, 2011, between The Boeing Company and the Company; ... Supplemental Agreement No. 24 (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025).

sec.gov/Archives/edgar/data/92380/000009238026000006/luv-20251231.htmRead the full source

Other signals in this filing (3)

Extracted by Autobound

From the Signal API record
Signal
10-K: Supplier concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 6, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Details

CIK
92380
Accession number
0000092380-26-000006
Timeframe
Multi year
Filing year
2026
Why it matters
Risk management needed
Signal category
Market

Topics and mentions

Vendors

  • The Boeing Company

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 10, 2026
signal_type
sec-10k
signal_subtype
supplierConcentration

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/0175e4c8-f399-44bb-9cbf-a25b7f0c5c44 returns this record as JSON. POST /v1/companies/enrich returns every signal for southwest.com.

{
  "signal_id": "0175e4c8-f399-44bb-9cbf-a25b7f0c5c44",
  "signal_type": "sec-10k",
  "signal_subtype": "supplierConcentration",
  "detected_at": "2026-02-10T07:50:55.404+00:00",
  "company": {
    "name": "Southwest Airlines",
    "domain": "southwest.com"
  },
  "data": {
    "detail": "The company's exclusive reliance on Boeing for its entire fleet creates significant supply chain risk, impacting fleet modernization, capacity growth, and capital planning. Any production or delivery delays from Boeing directly threaten Southwest's operational and financial targets.",
    "metrics": {
      "timeframe": "multi_year"
    },
    "summary": "Southwest confirms deep reliance on Boeing with new aircraft purchase agreement",
    "excerpts": "Purchase Agreement No. 3729 and Aircraft General Terms Agreement, dated December 13, 2011, between The Boeing Company and the Company; ... Supplemental Agreement No. 24 (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025).",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/92380/000009238026000006/luv-20251231.htm",
    "filing_date": "2026-02-06",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Risk management needed",
    "signal_category": "market",
    "vendors_mentioned": [
      "The Boeing Company"
    ]
  }
}

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