Jetblue to Give $1,000 Bonus to 21K Employees Because of GOP Tax Bill

JetBlue said it's handing out $21 million worth of bonuses to employees because of the corporate tax cut.

CNN Money
All 21,000 of the airline's employees will get $1,000 bonuses, except for the CEO and executive vice presidents.

The airline said the bonuses apply to crewmembers employed as of Dec. 31, 2017, and they will be paid out by the end of February.

We believe these tax changes will be positive for our company, and provide us the opportunity to do good things for our crew members, customers and shareholders," said CEO Robin Hayes in a statement co-signed by the executive vice presidents.

Republicans in Congress and President Trump approved a new law last month that cuts the corporate tax rate from 35% to 21%. A spokesman for JetBlue declined to tell CNNMoney how much the company would save from this tax cut.