COVID Stimulus Watch Individual Entry
Individual Award Data
United Airlines Inc.
Parent Company: United Airlines Holdings
Award Date: Apr 21, 2020
Award Type: grant
Grant Amount: $3,500,000,000
Awarding Agency: Treasury Department
Program Name: Payroll Support Program
Award Details: United announced it would receive a total of $5 billion in assistance, including $3.5 billion in grants and $1.5 billion in loans (listed separately). United agreed to issue warrants to Treasury allowing it to purchase up to 4.6 million shares.
Data Source for Award:https://hub.united.com/united-payroll-support-program-cares-act-26457274...
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
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