COVID Stimulus Watch Individual Entry
Recipient Company:
DELTA AIR LINES INC
Loan or Loan Guarantee Amount:
$2,930,362
Recipient Details
Ownership Structure: publicly traded (ticker symbol DAL)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Delta Air Lines
Headquartered in: Georgia
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 91,000
Accountability Issues Since 2010
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%
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