Tulsa American Airlines, AAON Employees Getting $1,000 Bonus Checks
DALLAS, Texas - American Airlines is giving each of its employees, including 5,200 in Tulsa, a $1,000 bonus check.
In a letter to employees, CEO Doug Parker and President Robert Isom credited approval last month of the tax reform act which reduces the corporate tax rate from 35% to 21%.
Parker and Isom says the new tax structure will have positive long term benefits for American.
"While the company does not yet pay cash taxes due to our enormous losses in the past, there is no doubt that our country’s new tax structure will have positive long-term benefits for American," they stated in the letter to employees.
American says distribution will total about $130-million and will be sent sometime in the first quarter.
Another Tulsa-based company, AAON, also announced bonuses for employees.
AAON said "personnel employed by AAON on January 1st, 2018, excluding officers, will receive a $1,000 bonus in recognition of the new tax reform law."
AAON CEO Norman H. Asbjornson said, "We are very appreciative of all AAON employees and want to commemorate the passing of this historic, economy-stimulating tax reform law. While most employees are shareholders of the company and benefit as a result of the new tax law, we felt it appropriate to provide a more direct recognition of their importance to AAON's future success."
AAON employes approximately 2,000 individuals at its Tulsa, Oklahoma and Longview, Texas facilities.