COVID Stimulus Watch Individual Entry
Recipient Company:
JetBlue Airways Corporation
Loan or Loan Guarantee Amount:
$258,852,740
Recipient Details
Ownership Structure: publicly traded (ticker symbol JBLU)
Facility City: LONG ISLAND CITY
Facility State: NY
Award Details
Award Date: Apr 23, 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:
https://home.treasury.gov/policy-issues/coronavirus/assisting-american-i...
Parent Company Data
Parent Company: JetBlue Airways
Headquartered in: New York
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 22,000
Accountability Issues Since 2010
Employment-related Penalties: $143,783
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $154,950
Consumer Protection / Financial / Competition-related Penalties: $925,000
Ratio of CEO Pay to that of Median Worker: 66.3 to 1
CEO Compensation: $3,955,523
Worker Median Pay: $59,647
Total Federal, State, and Local Subsidies: $2,850,300
Federal Corporate Income Tax Rate: -27.4%
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