All JetBlue Crewmembers to Receive $1,000 Following Tax Reform
January 04 2018 - 4:44PM
Business Wire
Today the JetBlue (NASDAQ: JBLU) Senior Leadership Team shared
the following note regarding the airline’s plan to distribute
$1,000 to all of its 21,000 crewmembers, excluding CEO and
executive vice presidents, following recent tax reform
legislation:
Dear Crewmembers,
You’ve likely seen the news about U.S. tax reform. We
believe these tax changes will be positive for our company, and
provide us the opportunity to do good things for our Crewmembers,
Customers and shareholders.
When tax reform looked like a real possibility late last year,
we formed a team to think through what it could mean for each of
these important groups. Many ideas are on the table but we believe
our Crewmembers should be the first to benefit. With that in mind,
we are excited to announce we will be paying every Crewmember
employed as of December 31, 2017, a $1,000 bonus by the end of
February!
Crewmembers like you are the heart of JetBlue and the reason we
have become one of the most awarded airlines (and brands) in the
world. We’re delighted we’re able to offer this extra thank you for
your incredible efforts. In the months ahead, we look forward to
working with our Values Committees and directly with you on other
ideas for how we can use tax reform benefits to make JetBlue even
stronger.
As a smaller airline competing against four very large
competitors it is vital we continue to run a sustainable and
profitable company. With over 50% of Crewmembers also being
shareholders, we understand the importance of retaining investors’
confidence in our company better than anyone else.
Ultimately, we will continue to succeed because we have the best
Crewmembers in the business. All 21,217 of us are continuing to do
something that is truly unique in our industry by genuinely caring
for each other, our Customers and our shareholders.
Finally, the new year has barely begun and we are already in our
first winter irregular operation. We know today’s weather presents
demanding operating conditions. As we manage through the storm,
let’s remind ourselves of our #1 value – Safety. Every Crewmember
is empowered to call a safety time-out if needed. This is
ultimately the most important responsibility any of us have.
We’re looking forward to a great 2018 here at JetBlue. Thanks
for being part of it.
Best wishes,
Robin HayesPresident & CEO
Mike ElliottEVP People
Joanna GeraghtyEVP Customer Experience
James HnatEVP General Counsel
Jeffrey MartinEVP Operations
Steve PriestEVP Chief Financial Officer
Marty St GeorgeEVP Commercial
Eash SundaramEVP Chief Digital and Technology Officer
About JetBlue Airways
JetBlue is New York's Hometown Airline®, and a leading
carrier in Boston, Fort Lauderdale-Hollywood, Los
Angeles (Long Beach), Orlando, and San Juan. JetBlue carries
more than 38 million customers a year to 101 cities in the
U.S., Caribbean, and Latin America with an average
of 1,000 daily flights. For more information please visit
jetblue.com.
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JetBlue Corporate CommunicationsTel:
+1.718.709.3089corpcomm@jetblue.com
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