JetBlue is giving every of its 21,000 workers an equal share of the $21 million company tax reduce the airline is receiving this 12 months.
The $1,000 bonuses will apply to all crewmembers who had been employed by the corporate as of Dec. 31, 2017, apart from the CEO and government vice presidents. Staff can count on their payouts by the top of February.
“We imagine these tax adjustments will probably be constructive for our firm, and supply us the chance to do good issues for our crew members, clients and shareholders,” CEO Robin Hayes stated in a press release that was co-signed by JetBlue’s government vice presidents.
The airline is benefitting from the brand new legislation signed into motion final month by Congress and President Trump that diminished the company tax charge from 35% to 21%.
And JetBlue is not the one service spreading the wealth to its employees. Southwest Airways stated it too can pay all full and part-time staff a $1,000 stipend with out noting how many individuals it employs.
And American Airways introduced earlier this week that it is usually doling out a $1,000 bonus to every member of its 130,000-person workforce. AA CEO Douglas Parker stated the corporate would nonetheless profit from the brand new tax legislation despite the fact that it wasn’t paying federal revenue tax due to previous bankruptcies, CNN Cash reported.