COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Delta Air Lines Inc.
Parent Company: Delta Air Lines
Award Date: Apr 20, 2020
Award Type: grant
Grant Amount: $3,800,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Award Details: Delta received a total of $5.4 billion in assistance, including a $3.8 billion grant and a $1.6 billion loan (listed separately). Delta agreed to issue 6.5 million warrants to the Treasury Department to acquire its common stock.
Data Source for Award:
https://www.sec.gov/ix?doc=/Archives/edgar/data/27904/000168316820001252...

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

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $11,471,443
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $2,527,110
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $42,720,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 184 to 1
CEO Compensation: $14,982,448
Worker Median Pay: $81,355
Tax icon
Total Federal, State, and Local Subsidies: $4,451,911
Federal Corporate Income Tax Rate: -3.7%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources