COVID Stimulus Watch Individual Entry
Recipient Company:
Atlas Air Inc.
Loan or Loan Guarantee Amount:
$199,831,980
Recipient Details
Ownership Structure: publicly traded (ticker symbol AAWW)
Facility City: Purchase
Facility State: NY
Award Details
Award Date: May 29, 2020
Award Type: loan
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: Atlas Air Worldwide
Headquartered in: New York
Parent Sector: miscellaneous services
Parent Industry: outsourced aviation services
Employees (prior to pandemic): 3,587
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $270,000
Consumer Protection / Financial / Competition-related Penalties: $17,400,000
Ratio of CEO Pay to that of Median Worker: 72 to 1
CEO Compensation: $7,745,315
Worker Median Pay: $106,763
Total Federal, State, and Local Subsidies: $18,575,326
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