COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:  JetBlue Airways Corporation
Parent Company:  JetBlue Airways
Award Date:  Apr 23, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $250,700,000
Awarding Agency:  Treasury Department
Program Name:  Payroll Support Program
Award Details: 

JetBlue received a total of $935.8 million in assistance, including a loan of $250.7 million and a grant of $685.1 million (listed separately).

Parent Company Data

Ownership Structure:  publicly traded (ticker symbol JBLU)
Headquartered in:  New York
Parent Sector:  airlines
Parent Industry:  airlines
Employees (prior to pandemic):  22,000

Parent Accountability Issues Since 2010

Employment-related Penalties:  $143,783
Federal Corporate Income Tax Rate:  -27.40%
Environmental / Healthcare / Safety Penalties:  $147,950
Consumer Protection / Financial / Competition-related Penaties:  $865,000
Ratio of CEO Pay to that of Median Worker:  66.3 to 1
CEO Compensation:  $3,955,523
Worker Median Pay:  $59,647