COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:  Spirit Airlines Inc.
Parent Company:  Spirit Airlines
Award Date:  Apr 21, 2020
Award Type:  loan
Loan or Loan Guarantee Amount:  $70,421,050
Awarding Agency:  Treasury Department
Program Name:  Payroll Support Program

Parent Company Data

Ownership Structure:  publicly traded (ticker symbol SAVE)
Headquartered in:  Florida
Parent Sector:  airlines
Parent Industry:  airlines
Employees (prior to pandemic):  8,077

Parent Accountability Issues Since 2010

Environmental / Healthcare / Safety Penalties:  $141,513
Consumer Protection / Financial / Competition-related Penaties:  $310,000
Ratio of CEO Pay to that of Median Worker:  50 to 1
CEO Compensation:  $2,405,551
Worker Median Pay:  $47,871