COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Southwest Airlines
Grant Total:
$2,300,000,000
Face Value of Loans Total:
$1,002,102,015
Parent Company Data
Ownership Structure:
publicly traded (ticker symbol LUV)
Headquartered in:
Texas
Sector:
airlines
Industry:
airlines
Employees (prior to pandemic):
60,800
Parent Accountability Issues Since 2010
Employment-related Penalties:
$21,540,000
Federal Corporate Income Tax Rate:
10.90%
Environmental / Healthcare / Safety Penalties:
$24,112,545
Consumer Protection / Financial / Competition-related Penaties:
$3,000,000
Ratio of CEO Pay to that of Median Worker:
86.6 to 1
CEO Compensation:
$8,771,124
Worker Median Pay:
$101,302
Total Federal, State, and Local Subsidies:
$440,000
Other Accountability Links For This Company
Just Capital COVID-19 Corporate Response Tracker.
Follow the Money campaign finance data.
Individual Award Records:
Click on the company name for more information on each subsidy award.Download results as CSV or XML
Company
Grant Amount
Loan Face Value
Award Date
Southwest Airlines Co.
$2,300,000,000
Apr 21, 2020
Southwest Airlines
$1,000,000,000
Apr 14, 2020
Southwest Airlines Co
$2,102,015
Jun 28, 2020