COVID Stimulus Watch Individual Entry
Recipient Company:
Spirit Airlines Inc.
Grant Amount:
$271,098,607
Recipient Details
Ownership Structure: publicly traded (ticker symbol SAVE)
Facility City: MIRAMAR
Facility State: FL
Award Details
Award Date: Apr 20, 2020
Award Type: grant
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: Spirit Airlines
Headquartered in: Florida
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 8,077
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $141,513
Consumer Protection / Financial / Competition-related Penalties: $660,000
Ratio of CEO Pay to that of Median Worker: 50 to 1
CEO Compensation: $2,405,551
Worker Median Pay: $47,871
Total Federal, State, and Local Subsidies: $7,116,536
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