COVID Stimulus Watch Individual Entry
Individual Award Data
Delta Air Lines, Inc.
Parent Company: Delta Air Lines
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
Award Details: 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: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
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