COVID Stimulus Watch Individual Entry
Individual Award Data
Recipient Company: Delta Air Lines, Inc.
Award Date: Apr 20, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $1,600,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Delta received a total of $5.4 billion in assistance, including a $1.6 billion loan and a $3.8 billion grant (listed separately). Delta agreed to issue 6.5 million warrants to the Treasury Department to acquire its common stock.
Data Source for Award:
Parent Company Data
Ownership Structure: publicly traded (ticker symbol DAL)
Headquartered in: Georgia
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 91,000