American Airlines Group said Tuesday it would give every employee a $1,000 bonus in the wake of the recent U.S. tax overhaul. “We believe it is the right thing to do for our team, which ultimately benefits our shareholders too,” American CEO Doug Parker and President Robert Isom said in a joint statement. The company said the bonuses will come in the first quarter of 2018 and total about $130 million. Earlier Tuesday, Southwest Airlines also said it would give $1,000 bonuses to its employees, and last week, major companies such as Bank of America, Wells Fargo and Comcast Corp. announced similar plans.
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