COVID Stimulus Watch Individual Entry

Recipient Company:
SPIRIT AIRLINES INC.
Loan or Loan Guarantee Amount:
$29,356,306

Recipient Details

Ownership Structure: publicly traded (ticker symbol SAVE)
Facility City: MIRAMAR
Facility State: FL

Award Details

Award Date: Apr 29, 2021
Award Type: loan
Award Details: 3rd Round Payment (PSP III)
Program Name: Payroll Support Program
Legislation: CARES
Awarding Agency: Treasury Department
Data Source for Award:
https://home.treasury.gov/policy-issues/coronavirus/assistance-for-ameri...

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

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: $141,513
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $660,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 50 to 1
CEO Compensation: $2,405,551
Worker Median Pay: $47,871
Tax icon
Total Federal, State, and Local Subsidies: $7,116,536
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues