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 Date: Jan 15, 2021

Award Type: loan

Award Details: 2nd Round Payment (PSP II)

Program Name: Payroll Support Program

Legislation: CARES

Awarding Agency: Treasury Department

Data Source for Award:

Parent Company: American Airlines

Headquartered in: Texas

Parent Sector: airlines

Parent Industry: airlines

Employees (prior to pandemic): 133,700

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