2016 U.S.-Booked Air Volume: $179 million
Consolidated Global TMC: Carlson Wagonlit Travel
As weak oil pricing persisted in 2016, oil and gas giant
ExxonMobil cut its selling, general and administrative expenses by more than 6
percent, or almost $1 billion, for the year, continuing the 9 percent decrease
in 2015. BTN estimates the company in 2016 reduced its U.S.-booked air spend by
almost 4 percent year over year. Revenue decreased 16 percent year over year to
$226.1 billion, while net income fell 51 percent to $7.8 billion. The company
employed 71,100 people at the end of 2016, down from 73,500 one year prior.