COVID Stimulus Watch Individual Entry
Recipient Company:
American Airlines Inc.
Grant Amount:
$4,217,981,972
Recipient Details
Ownership Structure: publicly traded (ticker symbol AAL)
Facility City: FORT WORTH
Facility State: TX
Award Details
Award Date: Apr 20, 2020
Award Type: grant
Award Details: 1st Round Payment (PSP I)
Program Name: Payroll Support Program
Legislation: CARES
Awarding Agency: Treasury Department
Data Source for Award:
https://home.treasury.gov/policy-issues/coronavirus/assisting-american-i...
Parent Company Data
Parent Company: American Airlines
Headquartered in: Texas
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 133,700
Accountability Issues Since 2010
Employment-related Penalties: $43,046,343
Government-contracting-related Penalties: $22,100,000
Environmental / Healthcare / Safety Penalties: $79,730,435
Consumer Protection / Financial / Competition-related Penalties: $5,540,000
Ratio of CEO Pay to that of Median Worker: 195 to 1
CEO Compensation: $11,999,517
Worker Median Pay: $61,527
Total Federal, State, and Local Subsidies: $106,120,056
Violation Tracker