COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
United Airlines
Parent Company: United Airlines Holdings
Award Date: Apr 15, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $1,500,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Award Details: United announced it would receive a total of $5 billion in assistance, including $1.5 billion in loans and $3.5 billion in grants (listed separately). United agreed to issue warrants to Treasury allowing it to purchase up to 4.6 million shares.
Data Source for Award:

Parent Company Data

Ownership Structure: publicly traded (ticker symbol UAL)
Headquartered in: Illinois
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 96,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $50,719,911
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $11,151,812
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $9,443,400
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 169 to 1
CEO Compensation: $12,643,005
Worker Median Pay: $74,750
Tax icon
Total Federal, State, and Local Subsidies: $69,093,395
Federal Corporate Income Tax Rate: 0.4%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources