COVID Stimulus Watch Individual Entry

Recipient Company:

Delta Air Lines, Inc.

Loan or Loan Guarantee Amount:

$1,648,109,600

Recipient Details

Ownership Structure: publicly traded (ticker symbol DAL)

Facility City: ATLANTA

Facility State: GA

Award Date: Apr 20, 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:

Parent Company: Delta Air Lines

Headquartered in: Georgia

Parent Sector: airlines

Parent Industry: airlines

Employees (prior to pandemic): 91,000

Employment-related Penalties: $11,471,443

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $4,247,620

Consumer Protection / Financial / Competition-related Penalties: $42,720,000

Ratio of CEO Pay to that of Median Worker: 184 to 1

CEO Compensation: $14,982,448

Worker Median Pay: $81,355

Total Federal, State, and Local Subsidies: $4,703,646

Federal Corporate Income Tax Rate: -3.7%