American and Southwest Airlines Giving Employees Tax Reform Bonuses
Photo Credit: Southwest Airlines employees (pictured here) will receive bonuses. The airline said tax reform is the reason. Southwest Airlines
Skift Take
There's never been any doubt U.S. businesses would benefit from tax reforms. But will consumers and workers? Time will tell.
Southwest and American airlines like tax reform so much they're each giving $1,000 bonuses to most workers, and promising to invest in their operations, fleet and product.
Southwest said Tuesday it's budgeting $70 million for full-time and part-time employee bonuses, and adding an extra $5 million for a charitable contribution. American said its largesse will cost about $130 million, and American plans to distribute bonuses this quarter both to its own employees and workers at regional airlines it owns, including Envoy Air. American's highest-ranking executives will not receive extra pay.
Most U.S. travel providers are bullish on tax reform, Steve Joh
