2021 U.S.-Booked Air Volume: $31 million
ExxonMobil’s U.S.-booked air spend remained stable in 2021,
mirroring the previous year’s volume, but still a far cry from its 2019 volume
of $197 million, according to BTN estimates.
Following a cost-cutting and restructuring exercise that
included scrapping thousands of jobs worldwide, the company reported earnings
of $23 billion in 2021, up from a $22 billion loss in 2020. ExxonMobil’s total
2021 revenue increased 57 percent year over year to nearly $285.7 billion.
From 2020 to 2021, the number of regular employees fell from
72,000 to 63,000, with further workforce reductions in store. According to a
Bloomberg report ExxonMobil is preparing to further reduce headcount at its
U.S. offices by between 5 percent and 10 percent annually for the next three to
five years. This comes as the company looks to increase investments in
lower-emission initiatives, including carbon capture solutions and biofuels.
In January 2022 the company announced its ambition to
achieve net-zero emissions by 2050, however the strategy does not include Scope
3 emissions, which covers business travel.