2015 U.S.-Booked Air Volume: $180 million
Consolidated
U.S. TMC: American Express
Global Business Travel
Amid
declining revenue and a decrease in headcount, Bank of America’s U.S.-booked
air volume dipped slightly in 2015, according to a BTN estimate. Revenue declined to $83.4 billion from $85.1
billion one year earlier. The bank’s net income rose from from $4.8 billion to
$15.9 billion, but that primarily reflects a decline in litigation expenditure.
Other general expenses declined in 2015, as well. Bank of America had 213,000
full-time-equivalent employees at the end of 2015, down from 224,000 at the end
of 2014. The bank significantly increased the number of videoconferencing calls
to nearly 123,800 last year, up from about 97,800 in 2014. The 2015 figure is
nearly 10 times the total of 2010.