COVID Stimulus Watch Individual Entry

Recipient Company:
AMERICAN AIRLINES INC.
Loan or Loan Guarantee Amount:
$1,034,930,031

Recipient Details

Ownership Structure: publicly traded (ticker symbol AAL)
Facility City: FORT WORTH
Facility State: TX

Award Details

Award Date: Jan 15, 2021
Award Type: loan
Award Details: 2nd Round Payment (PSP II)
Program Name: Payroll Support Program
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 icon
Employment-related Penalties: $42,826,343
Contracting icon
Government-contracting-related Penalties: $22,100,000
Environment icon
Environmental / Healthcare / Safety Penalties: $79,707,355
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $5,540,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 195 to 1
CEO Compensation: $11,999,517
Worker Median Pay: $61,527
Tax icon
Total Federal, State, and Local Subsidies: $85,082,374
Subsidy Tracker
Violation Tracker

Details on Accountability data sources