COVID Stimulus Watch Individual Entry
Individual Award Data
Alaska Airlines, Inc. and Horizon Air Industries, Inc.
Parent Company: Alaska Air
Award Date: Apr 23, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $267,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Award Details: Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group, announced they would receive a total of $992 million in federal assistance, consisting of a $267 million loan and a $725 million grant (listed separately). Alaska Air gave Treasury warrants to purchase 847,000 shares of stock.
Data Source for Award:https://newsroom.alaskaair.com/2020-04-23-Alaska-Airlines-and-Horizon-Ai...
Parent Company Data
Ownership Structure: publicly traded (ticker symbol ALK)
Headquartered in: Washington
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 24,000
Accountability Issues Since 2010
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