COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Skywest Airlines Inc.
Parent Company: SkyWest
Award Date: Apr 23, 2020
Award Type: grant
Grant Amount: $336,600,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Award Details: SkyWest announced it would receive $438 million under the Payroll Support Program, including a $336.6 million grant and a $101.4 million loan (listed separately). As part of the deal, the company agreed to issue warrants to the Treasury Department to purchase 357,217 shares in the company.
Data Source for Award:

Parent Company Data

Ownership Structure: publicly traded (ticker symbol SKYW)
Headquartered in: Utah
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 13,700

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $3,038,750
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $265,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 93 to 1
CEO Compensation: $3,611,011
Worker Median Pay: $39,000
Tax icon
Total Federal, State, and Local Subsidies: $556,499,686
Subsidy Tracker
Violation Tracker

Details on Accountability data sources