COVID Stimulus Watch Parent Company Summary

Parent Company Name:  Spirit Airlines
Grant Total:  $264,315,782
Face Value of Loans Total:  $70,421,050

Parent Company Data

Ownership Structure:  publicly traded (ticker symbol SAVE)
Headquartered in:  Florida
Sector:  airlines
Industry:  airlines
Employees (prior to pandemic):  8,077

Parent Accountability Issues Since 2010

Environmental / Healthcare / Safety Penalties:  $141,513
Consumer Protection / Financial / Competition-related Penaties:  $310,000
Ratio of CEO Pay to that of Median Worker:  50 to 1
CEO Compensation:  $2,405,551
Worker Median Pay:  $47,871
Total Federal, State, and Local Subsidies:  $5,676,536
Details on Accountability data sources

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Company Grant Amount Loan Face Value Award Date
Spirit Airlines Inc. $264,315,782 Apr 20, 2020
Spirit Airlines Inc. $70,421,050 Apr 21, 2020

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