COVID Stimulus Watch Individual Entry
Recipient Company:
ALASKA AIRLINES INC.
Grant Amount:
$571,451,766
Recipient Details
Ownership Structure: publicly traded (ticker symbol ALK)
Facility City: SEATTLE
Facility State: WA
Award Details
Award Date: Apr 29, 2021
Award Type: grant
Award Details: 3rd Round Payment (PSP III)
Program Name: Payroll Support Program
Legislation: CARES
Awarding Agency: Treasury Department
Data Source for Award:
https://home.treasury.gov/policy-issues/coronavirus/assistance-for-ameri...
Parent Company Data
Parent Company: Alaska Air
Headquartered in: Washington
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 24,000
Accountability Issues Since 2010
Employment-related Penalties: $77,763,395
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $6,224,609
Consumer Protection / Financial / Competition-related Penalties: $675,000
Ratio of CEO Pay to that of Median Worker: 85.8 to 1
CEO Compensation: $5,533,320
Worker Median Pay: $64,528
Total Federal, State, and Local Subsidies: $163,412,308
Federal Corporate Income Tax Rate: -0.9%
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