COVID Stimulus Watch Individual Entry
Recipient Company:
UNITED AIRLINES INC.
Loan or Loan Guarantee Amount:
$870,358,865
Recipient Details
Ownership Structure: publicly traded (ticker symbol UAL)
Facility City: CHICAGO
Facility State: IL
Award Details
Award Date: Jan 15, 2021
Award Type: loan
Award Details: 2nd Round Payment (PSP II)
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: United Airlines Holdings
Headquartered in: Illinois
Parent Sector: airlines
Parent Industry: airlines
Employees (prior to pandemic): 96,000
Accountability Issues Since 2010
Employment-related Penalties: $49,289,939
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $11,173,342
Consumer Protection / Financial / Competition-related Penalties: $60,801,502
Ratio of CEO Pay to that of Median Worker: 169 to 1
CEO Compensation: $12,643,005
Worker Median Pay: $74,750
Total Federal, State, and Local Subsidies: $109,824,612
Federal Corporate Income Tax Rate: 0.4%
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