COVID Stimulus Watch Individual Entry
Recipient Company:
Hawaiian Airlines
Loan or Loan Guarantee Amount:
$364,000,000
Recipient Details
Ownership Structure: publicly traded (ticker symbol HA)
Award Details
Award Date: Apr 17, 2020
Award Type: loan
Award Details: Hawaiian Holdings announced it would receive a $364 million loan under the Economic Relief Program. As part of the deal the company issued warrants to the Treasury Department allowing it to acquire a 6.7 percent interest in the company.
Program Name: Economic Relief Program
Legislation: CARES
Awarding Agency: Treasury Department
Data Source for Award:
https://www.sec.gov/ix?doc=/Archives/edgar/data/1172222/0001172222200000...
Parent Company Data
Parent Company: Hawaiian Holdings
Headquartered in: Hawaii
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 7,437
Accountability Issues Since 2010
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Environmental / Healthcare / Safety Penalties: $1,347,839
Consumer Protection / Financial / Competition-related Penalties: $285,000
Ratio of CEO Pay to that of Median Worker: 45.9 to 1
CEO Compensation: $3,196,153
Worker Median Pay: $69,565
Good Jobs First has no data in this category